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Nial Fuller

Professional Trader, Author & Coach

How To Grow A Small Trading Account Successfully

I know that most of you are coming into the Forex markets with relatively small trading accounts. I also know that you want to grow your trading accounts while losing as little money as possible.

treeWhile this is not an easy goal to achieve, it can be done if you are willing to be disciplined and change the way you think about trading the markets. In today’s Forex trading lesson, I am going to share with you my honest and practical insight on how to successfully trade with a small trading account. So, if you’ve been lying awake at night, unable to sleep because you just can’t seem to make any consistent progress on your small trading account, this article is for you.

Before we dive into the details of today’s lesson, it’s worth noting that you are not experiencing difficulty in your trading because you have a small trading account. To be honest with you, the size of your trading account has no bearing on whether or not you are a successful Forex trader. A successful Forex trader is not necessarily a full-time professional trader, this is a myth you need to forget about right now.

You need to view success in the markets as a function of what is possible given the size of your trading account. So, if you have a $2,000 trading account and you are consistently making $200 a month, you should consider yourself a successful Forex trader, even though you obviously cannot live on $200 a month, more on this later.

Some people come into the markets with a $50,000 or $100,000 account and lose all their money in a short period of time. While other traders start with $1,000 and parlay that small amount into a substantial trading account over time. The determining factor of success lies not in the size of the trader’s account but in their beliefs about what successful trading consists of and what they need to do to achieve it.

Focus on trading the markets, not on making the money

It is not a profound statement to say that making money in the markets is a result of successfully trading them, but it’s worth examining this statement further to see just where most traders with small accounts go wrong.

The problem that plagues most traders with small accounts is that they are probably coming into the markets feeling a “need” to make money because they have put all the disposable income they have into their trading account and they really want to quit their jobs / get rich quick / buy a yacht, etc. The point is that trading the markets with a feeling of “need” results in you focusing most of your brain power on money and profits and much less of it on managing risk and mastering an effective Forex trading strategy like price action trading.

A trader needs to be good at trading a small account before they can move on to a larger account. I would even say that even if you do have a large sum of money to trade with, you should not fund your account with all of it until you have proved to yourself that you can make money on a smaller sum of money. Your focus should not be on turning a small account into lots and lots of money extremely quickly, this is simply not possible if you are managing your risk properly.

focus1Instead, your focus should be on becoming a good trader, not on making money super fast. If you learn to trade the market successfully, the money will follow and attract itself to you in increasing amounts as time goes on. You truly need to focus on the trading not on the money if you want to have a chance at keeping your emotions at bay and obtaining consistent trading success as a result.

I can’t even tell you how many emails I get each week from people asking me questions like ‘Nial, how much money do I need in my account to make $1,000 a month’, or any number of other similar questions that just totally miss the point of what successful trading is all about. I am not criticizing anyone for asking such questions, as most beginners simply do not know what it takes to succeed in the markets and have probably been fed lies and rumors by other Forex websites that promise them the world but deliver little in the way of practical trading strategies and insight.

But, traders need to understand that in order to make consistent money in the markets they must first master a trading strategy like price action, build a trading plan around it, manage risk effectively and with discipline, and not stray from these primary tenants of successful trading, if you can do these things you will see your trading account will grow slow but consistently. If you don’t do these things you will be another member of the large pool of losing Forex traders who refuse to stop thinking about getting rich overnight.

Treat a small trading account as if it were 1 million dollars

If you had a 1 million dollar trading account and had one or two big winners per month, you would be making substantial money, and you would have an impressively consistent track record.

You need to think about your current trading account as if it is a 1 million dollar account, because the principles that lead to consistently successful trading are the same. You are only feeling the emotion and urgency to trade now because your account is small and you want to make a lot of money really fast. But, unfortunately the path to make money in the markets is not paved by risking a lot and trading too much, but rather by taking a slow and calculated approach to your trading and never becoming emotional.

If you had a 1 million trading account, you would have no problem waiting for a pin bar strategy or fakey setup that sticks out like sore thumb on the charts, because you know you only need a few good trades a month to make your money. Granted, it’s easier to not care about the money when you have 1 million dollars, but the point of this article is that in order to make money on your small trading account you need to THINK like you have a big trading account now, because this will deliver you from feeling the urgency and “need” to trade that you probably feel now which is causing you to over-trade, over-leverage, and lose money consistently.

The very reason why most traders lose money is because they simply cannot see the forest for the trees, meaning they get caught up in the temptation to trade every day and over-leverage their accounts because they forget about or are unaware of the bigger picture of trading, which is that slow and steady wins the race, not fast and haphazard. Many traders also get caught up in trying to analyze every piece of news data and all the forex indicators they can get their hands on. Adding such unnecessary variables to your trading analysis only works to keep you deeper in the realm of emotional trading and further away from understanding the bigger picture of what Forex trading success is all about.

A consistent track record can take you places

If your trading account is somewhere in the range of $2,000 or less, we are going to consider this a “very small” trading account and this means your focus absolutely has to be on building a consistent track record and building your confidence as a trader. Then, as you grow and progress as a trader and your track record becomes consistently profitable each month, you can proceed to trade larger sums of money. If you do not have access to more money you can look to an investor, friend, bank or prop firm for trading funds, I even fund some of my successful students from time to time if they have proven themselves to me.

So, if you have a small trading account right now, your primary goals to trade it successfully are to do the following things:

• Forget about the money and instead become “engrossed” in mastering an effective yet simple trading strategy like price action. The more focus you put into the process of trading instead of making money and getting rich, the sooner the money that you desire will find its way into your trading account.

• Build a trading plan off of the price action trading strategies you have mastered. A forex trading plan is essential for succeeding long-term in the markets because it gives you an objective daily guide to follow and will lay out all your entry, exit, and money management strategies, so that you are not just trading on a whim every time you open up your charts.

• Once you build your trading plan you are going to need to track your progress in a forex trading journal so that you can stay disciplined and accountable. If you don’t maintain a trading journal you are probably going to lose your discipline and focus because you will not have a tangible piece of evidence that reflects all your trades.

If you are looking for a backer to fund your trading, they are going to want to see hard evidence that you can trade consistently. This evidence will need to at least contain a legitimate track record that reflects your account history and a comprehensive yet concise Forex trading plan that matches the trades you’ve executed in your trading account history. They are not going to care that much about how much money you have in your account, if you are trading a real-money account and you can provide documents that show your discipline and consistency over a period of 3 months or more, you will not have trouble finding investors or institutions to fund you. So, if nothing else, let this be the motivating force that you need to stop trading haphazardly and get disciplined.

Managing your money on a small trading account

money_management_toolFinally, a few words on managing your money in a small account: it’s no different from how you would manage your money on a larger account, except that you will obviously be trading smaller position sizes per trade. Whatever you do, do not get greedy and trade too large or over-leverage on a smaller account, this is a common emotional trading mistake and it will kill your trading account faster than you think and greatly inhibit your chances of becoming a successful trader.

If you will just slow down and focus on trading like a sniper and not a machine gunner by learning to trade only the most obvious and confluent price action setups, you will be able to trade much more relaxed and care-free, this will help you greatly in your money management. I will not go into my personal Forex money management theory to deeply right now, because I have written about it in other articles, one of which I suggest you read when you finish this one: Don’t measure your profits in percentages or pips. But, basically, you should never risk more money per trade than you are TRULY OK with losing, because you COULD lose on ANY trade, let the be your guiding principle before you enter any trade, because if you really accept this statement you will not ever risk more than you are comfortable with losing.

What to do now

If you are serious about trading your small account successfully and having a chance to take your trading to the next level, you will need to use the insight I have provided in this trading lesson and really try to make a shift in the way you think about trading. I cannot force you to manage your money correctly, master price action trading, or remain disciplined over a long period of time, but if you are truly serious about having a career in trading, you will have to dig deep within yourself and muster up the motivation to do these things and forge the proper trading habits. You can succeed at anything if you want it enough, and Forex trading is no different, so right now you should ask yourself “How much do I want to be a successful Forex trader” and then go back and re-read this article and begin implementing the points discussed here immediately.

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About Nial Fuller

is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
Nial Fuller Professional Trading Course Preferred broker 2020 v1
  1. Uchechukwu Megarich Nwankwo October 14, 2019 at 8:04 am

    What a wonderful job you are doing here Nial. I have been completely transformed by your teachings about how to successfully trade the Forex market. What I have I learnt from you is totally unquantifiable. I have never seen any trading teaching so insightful like yours. Thank you once more for putting us back on track. Keep up with the good job. God bless you. Uchechukwu Megarich Nwankwo.

  2. Green Planet March 26, 2019 at 3:12 am

    Today i swear i will not be greedy and rushing anymore. I will trade very small and not more than two per trade. So my acccount is not messy and in order. I’ll makesure graph low/high enough to buy/sell. I’ll keep myself patient and discipline because this is the only weapon that can save me. I am a tortoise..not.. rabbit. Good luck to me. Thank you Niall.

  3. Awelani sigudu January 20, 2019 at 10:43 pm

    Which trading app should I use to trade in Forex I have the amount to invest?

      • Siya March 21, 2019 at 7:26 pm

        I am so happy to be part of your learning guide, it helps a lot especially to me as I am still struggling on making profits consistently.

        Thank you a lot sir for good work.

    • Dexter March 27, 2021 at 8:12 am

      I am so glad to have landed on this site to me it could be my gold mine. I have been live trading now for two weeks , as I go by a recommended forex trades that have been proforming well more wins that losses. The one stumbling block I had was not enough margin to execute my trades as I have only £200 as my leverage. So I hope to learn how to trade from a small account with your help.

  4. Благодарность November 26, 2018 at 2:57 am

    Excellent lesson Mr. Nial! Made for himself a mantra. To forget about money, to be adjusted on study Now my account in thoughts one million dollars. Thanks for your help!

  5. DIDDI KISHORE January 20, 2018 at 1:50 am

    Awesome Article, Once I have money in bank, I am planning to go with Nial Price Action Trading Course. That is the best investment I can do to be a successful trader. I am going to win for sure in forex trading. I will definitely implement the points suggested in this article.
    1. Treat your small account as a big billions account.
    2. Prepare the Trading plan and update the forex journal to keep track of your progress.
    3. Don;t over trade, Just wait for the right moment of the market to give a signal.
    4. No Emotions.
    5. Focus on process of trading not on money. Money will automtically come if you focus on trading plan.
    and Most from one article.
    Gonna read another articles suggested in this article.

    Thank You Nail, You made my day.

  6. Fest October 22, 2017 at 9:04 pm

    This the best site i have ever come across, Nial thank you. I had been struggling with loses after loses but after reading this my attitude towards trading has shifted from making money to trading the market. I thank you

  7. Peter March 20, 2017 at 8:00 pm

    Hi,Thank you for your advice and Trading tips of which they will help me because i am new in Trading.My question is that Can i trade with any amount of money when starting to Trade or is there a specific amount of money which a new Trader can start with.Thank you.

    • Popi June 10, 2017 at 6:50 pm

      It depends on brokers.
      Some brokers start with as little as $5.some.with $100.

  8. Paul Samoey November 20, 2016 at 4:01 pm

    Great article, thanks Nial.

  9. Dimitrios katsiotis November 6, 2016 at 7:12 am

    Hi ive just made the best investment of all time by reading ur article i actually have started trading exactly how u describe in ur article & im now im finaly moving Forward rather than spending my wages every week. I actually started to trade the way u describe in ur article before i even read ur article but now after reading ur article im actually feeling confident that im heading in the right direction. Thanks heap & i look Forward to reading more.

  10. george June 14, 2016 at 8:05 pm

    for once i have found an encouraging trader who has not just encouraged but given me a way for what i should do

  11. Wilfredo M. Ambrocio September 12, 2015 at 4:50 pm

    Very interesting article! I’m noting down the points and advices as I read the article. It’s a big help for traders especially for beginners! Thanks Mr. Nial!

  12. Kate M August 4, 2015 at 10:50 pm

    You are the 3rd forex training provider I have tried. Oh boy, I wish you had been the first! You make it so clear and simple and without the BS. Thank you so much for choosing to help us beginners and doing it with such sincerity, ability and clarity:)

  13. Patrick May 3, 2015 at 10:08 pm

    How I wish I found you earlier, I wound not have wasted my money like that.
    I open an account with $200 within 2days I increased it to $534 and lost it all the same day due to the released news. I was forced to lose the remaining cent left. Since then I decide to read more, since I have discovered my mistakes since I found you Nial.
    I was trading to make money but lost the little I have in the process.
    Thanks in a million Nial

  14. Carlos July 11, 2014 at 11:26 pm

    Thanks Nial,

    Another great Article.


  15. Alex May 10, 2014 at 2:54 am

    Hello, Nial.
    Great article Nial, I’m really enjoying being part of this trading site. With each of your article, I’m a successful professional trader. It’s really giving me the boost and better understanding of forex trading…
    Thank you very much.

  16. chan April 3, 2014 at 11:09 pm

    Thank you so much… This is what I needed. Took the last 6 months off of trading to clear my mind and think of a better approach. This was it. Thanks again!

  17. Daniel November 23, 2013 at 3:35 am

    I started trading $100k after practicing for several months, much more fun and much less stress to make pips. I happily take my $3k-$10k daily profit.

    • Florence January 30, 2016 at 10:34 pm

      Wow. Encouraging. For how long have you traded?

  18. Edingoe October 13, 2013 at 10:26 pm

    this is what happens to so this article really is important to me. thanks so much I really enjoy it,

  19. CHANDER PAL MITRA October 6, 2013 at 1:00 pm


  20. Joshua September 26, 2013 at 1:12 am

    Great article Mr. Fuller, it really changes my mindset and focus in trading.

  21. adeola September 22, 2013 at 12:09 am

    this article is eye opener to whoso
    ever want to take trade as a profession.

  22. Jude August 23, 2013 at 8:08 am

    Great article!

  23. Chaminda July 10, 2013 at 8:11 pm

    Thanks a million for your great advices……..

  24. TheDoctor April 12, 2013 at 6:00 pm

    Not bad.

  25. Leonz April 9, 2013 at 8:39 pm

    Thank you so muck Nail you are not only just professional trader but you are professional coach.

  26. sunny February 16, 2013 at 7:38 am

    Thanks Nial, you nail it again you are the best i will take this on board

  27. themba January 28, 2013 at 9:24 pm

    Hi Nial

    Thank you for the insight. It’s true principles are the same in a million account or a small account. Displine, proper risk management are the root to distiction.


  28. xiucui October 3, 2012 at 9:37 am

    Thx Nail, after read this artical, i promise myself i will show n proven tangible evidence for myself.

  29. Fount Shults June 22, 2012 at 10:59 pm

    I am new with Nial and have been reading his articles and strategies for about a month. I think it is finally sinking in. I need a strategy that I can work with consistently over time. I’m working on that this morning. Three months from now I will have a track record.

  30. Michal June 10, 2012 at 12:06 am

    Hi Nial,

    great article as always. Will do my best to stick to it 100%.


  31. Kaylen Velting June 1, 2012 at 1:25 am

    I’m a beginner trader and have been using Nial’s price action techniques for around 5 months now and have turned a 300$ trading account into 850$ in that 6 months.

  32. shafiek May 10, 2012 at 6:45 am

    Hi Nial

    I have just been taken out of a trade and at the same time lost my whole account balance in the process leaving me with no $ to trade with all because I was trying to make money and I never followed my trading strategy. This is an excellent article for anyone starting to trade forex. Believe me I have the t-shirt for over trading and not following my ttrading method and I have blown numerous accounts not because I dont trade well but because I get greedy and jump into trades that does not meet my trading requirements and I end up staying in them because I am so gutted with myself for taking them in the 1st place when they turn out to be losers.

    I have a trading method that when I follow it I end up winning 70% of the time but I dont have the patience to wait for a setup and I spend to much time infront of my charts. I trade with a very small account and when I make 100% on my account I stay in the trade because if I look at it its a small amount of money which eventually turns out to take me out at breakeven leaving me with no profit. This has happened to me time and time again and I notice now it is because of the mindset I have adopted to trading and I am to focused on making money with a small account that I am letting good trades slip away from me. To any new trader starting out in trading, having a trading method is all well and good but if you dont have the patience and discipline to follow it with laser sharp accuracy and patience then you will not succeed as a trader. Starting out I was always told patience and discipline is an extremely important aspect in trading the markets and even though I know it I still go against it and I end up being the loser over and over. But after reading this post I think I have a better grasp on the whole concept of what it takes to be a successful trader and that its not how much money you have in your account but how much successful trades and how good your risk reward is on a trade.

    Good Luck guys and a lesson to myself 1st before everyone else is patience and discipline is just as important as a good trading method. I will be reading this post again and ingraing it in my brain.

    Thanks Nial

  33. Udom, Ubong April 1, 2012 at 2:00 am

    slendid article. this will help me nourish my nascent account.

  34. Josef February 29, 2012 at 5:04 pm

    Briliant article. Going to read it again.
    I cannot say more.
    Josef CZE:-)

  35. DUDLEY SACKALOO January 16, 2012 at 12:18 am

    very good advice and direction as usual

  36. rikus December 26, 2011 at 10:48 am

    Hi Nial,

    Thanksss a lot. Great articles.


  37. Steve December 22, 2011 at 2:44 pm

    Great lesson. The message is as consistent as it is simple.

  38. Tony EGEh December 20, 2011 at 12:56 am

    Thanks for this great article in fact this is really going to change my trading patterns and surely lead me to becoming a successful professional trader.
    thank you very much

  39. jonesy December 19, 2011 at 1:09 pm

    Thanks, man, you are superb teacher.

    One typo:
    “not stray from these primary tenants of successful trading”
    TENANTS should be TENETS

  40. Tom barasa December 19, 2011 at 12:21 pm

    Good advise Nial. Seems like you have been watching what I have been doing for the last 4 months. I need discipline and patience. Not just jump in trade. Keep what i make instead of giving it back. Has been my problem for the last 4 months.

  41. Todor December 19, 2011 at 7:56 am

    Simple but wisely as always. Many thanks, Nial. The serial article which made me feel touched. My lesson from this one is to remember what needs to be managed first-myself. Pay my respects to you and your team. Merry Christmas to you guys and to our community and may we all have a happy and a prosper new year.

  42. Galen December 19, 2011 at 5:13 am

    Hi Nial

    I have stepped back for a few months to reverse a losing mind set and to get serious as to what it takes to succeed with a winning mind set. Ironic as your student, I have come to a point in saying “I will follow the Master” after deluding myself for two years. My desire is to trade the market successfully, this is my foundation.

    Your student

  43. Jiri M December 19, 2011 at 1:33 am

    It is truth ,thanks Nial.

  44. murume December 19, 2011 at 12:37 am

    thats very true,i started a mini acc,tripled my acc in weeks then lost all in a day,got greedy n lost everything,very useful info you provide us

  45. Manjula December 18, 2011 at 2:53 pm

    Great lesson Nial.Very essentials facts for growing

  46. steveCAN December 18, 2011 at 2:13 pm

    I’m going to pay more attention to price action trading strategy. A question for you Nial: Apart from price action, what other strategy can one have in his arsenal, or can one get all one wants from price action strategy alone?
    Many thanks and God’ blessings

  47. jatinder December 18, 2011 at 7:20 am

    Nail I think u can read minds how do u know that i am looking for this article….



  48. Yomi December 18, 2011 at 12:54 am

    Hi Nial,

    Another thought provoking, direct and well thought out write up as usual.
    Just as with thousand others, I have a small trading account and while I never risk more than 1 per cent (which I can conveniently afford to lose) of my account on any trade, I have missed out on a lot of good trades out of FEAR!
    I am thus focusing on mastering price action strategy and trading plan development and hope this will help beef up my confidence.

    Thanks once again.


  49. tino rumac December 17, 2011 at 5:20 pm

    truer words where never spoken

    thanks very much Niall

    have a great christmas


  50. jean rodriguez December 17, 2011 at 2:04 pm


  51. Justin December 17, 2011 at 12:47 pm

    This article came at the perfect time – right when I am about to fund my very first account. Well done, and thanks.

  52. Suparat December 17, 2011 at 12:26 pm

    Useful information ,Open my eyes to real forex

  53. Gurpal December 17, 2011 at 10:58 am

    Hi Nial,

    Hope you are well. Thank you so very much for this detailed and fantastic lesson.

    Thank you for all your help

    Thanks and Regards


  54. Baz December 17, 2011 at 9:14 am

    Thanks Nial – great timing! I’ve been with you a few months now and I know my trading is in much better shape. I have funds to increase my account with but for all the reasons you state am keeping it small until my consistency is right. However I have recently considered adding to it as I feel I am becoming a little too ‘comfortable’ with the win/loss value levels. Your lesson here has put me back on track. Many thanks and merry Christmas. Baz

  55. Sher December 17, 2011 at 8:45 am

    Thank you Nial, I am certain a lot of persons will benefit from this article, I sure did.

  56. Don December 17, 2011 at 8:42 am

    Thanks nial, focus donny on the method. In the last year since I joined the ltttm community I have learned heaps. I can say that I have experienced a lot of the emotions you speak of. In my opinion 90% of this business is managing my thoughts, by far the hardest part. 2012 its the year of simple diciplined pa trading

  57. Jean December 17, 2011 at 8:25 am

    Thanks Nial,

    I’ve read all of your articles and I can relate to this article and the “sniper” article.

    Growing my account slowly instead of wanting to double it really fast.

    You give me hope that I will have the DISCIPLINE to follow my plan.

    Thanks a LOT!

  58. Anthony uche December 17, 2011 at 7:59 am

    wonderful article NIAL

  59. Nitka December 17, 2011 at 7:46 am

    I so needed to find Nial’s website. His educational articles are brilliant! and YES. I have tiny account and am very happy to trade micro for a long while yet. Since my friend send me Nial’s link to his website I became a very eager but patient sniper and I keep my money now..:-) I am learning with GM markets and have $2k demo/training account there trading 0.05 and 0.1 contracts. Since reading Nial’s publicasions (1 week ago) I made and KEPT $156 there..:-) my aim is to have real account of that size and make $100 – 200 per week to top up my super when I retire at young and healthy 55..:-))in my real account I have $100 and made and KEPT $15 on 0.01 contracts…:-))your advice of LESS IS MORE became my new mantra Nial – as for trading less…thank you ..:-)))

  60. paul December 17, 2011 at 6:52 am

    great article again from you nial, thanks and God bless

  61. Lionell Dixon December 17, 2011 at 3:48 am

    Another great one! Thanks Nial.

  62. Vilem December 17, 2011 at 3:43 am

    Absolute Truth. I look forward to join your membership side in soon furure. Respect to you and many thanks for articles like this. I wish you and all the learnhowtotradethemarket very nice and mary Christmas. Vilem, Prague, EU

  63. TRACY December 17, 2011 at 3:13 am

    MAKES SSSSSO MUCH SINCE, NIAL! I’ve had a very small account for a little over a year now, and I’m focusing more on winning the trades. Staying consistent isn’t easy…but that’s why we have you as a coach. Another platinum hit, Nial! Thx. :-)

  64. larryK December 17, 2011 at 1:47 am

    Good stuff Nial very good stuff…. Thanks larryK I will be contacting for back up money soon.

  65. Isah AA Bokuta December 17, 2011 at 12:30 am

    This article is an eye opener to me.

  66. Ramli December 17, 2011 at 12:08 am

    Thanks Nial.

    Great achivement build-in in great discipline.


    Happy holiday….

  67. Lucas December 17, 2011 at 12:02 am

    “The process is more important than the money”
    I’ve read tones of financial best selling books of how they became successful.
    How i made 2million $ in the stock market by Nicholas Darvas
    Rich dad series by Robert kiyosaki
    Richest man in Babylon by George Samuel Clason.
    just to name a few
    They all spoke the same language as Nial that is follow one path till successful and focus more on the learning process rather than money.
    Thanks Nial.

  68. vijay December 16, 2011 at 11:13 pm

    very true,
    Excellent article Nial,You always rocks !!!!!!!!!

  69. Filopastry December 16, 2011 at 11:01 pm

    At the start I thought I could make a million in 1 year. Now a year on I dont know how much I will make .
    All I know is I trade to my plan.
    Thanks again Nial
    P.S. Daily charts rule>

  70. Colin December 16, 2011 at 10:59 pm

    Your comments are so true. I have a small trading Acc of $2000. Sometimes it drops to $1400 then back up to $2000. So I think I have to start trading less & start being like a Sniper. Stop giving the money back to the market. If had a $100000 acc & traded just 4 times a month taking only the best setups I think I would do really well. As part of my money management I will not trade or risk more then $20.00 per thousand. Thats with $2000 or $200000 it will still be the same. Now I have to trade like a sniper, Its all starting to make sensce now. Thank you Nial for all your help. All the best to all the Traders out there Colin


  71. Daniel Sebag December 16, 2011 at 10:54 pm

    I have been trading micro lot since July and still 5 months later i am in the same area, never consistent Need to get your course and change my thinking. Thanks Nial always great advice.

  72. HDJ December 16, 2011 at 10:44 pm

    A great reminder Nial!


  73. Sanjay December 16, 2011 at 10:29 pm

    This Is the One I Have Been Waiting For!!
    This is truly a XMAS present. I have not even read the artical yet, but from the title I cant wait to study it.


  74. Steve December 16, 2011 at 10:23 pm

    Another gem of wisdom Nial.

    Your statement:

    ” Treat a small trading account as if it were 1 million dollars”

    This says it all to me. Run my trading business as a pro and the money will look after itself.

  75. Piotr December 16, 2011 at 9:50 pm

    This one was specifically for me :)
    Thanks a lot Nial!

  76. T Allen December 16, 2011 at 9:41 pm

    Spot on article – plain and simple with great seeds for thought. Thanks.

  77. Keith(from england) December 16, 2011 at 9:19 pm

    Have you been sitting behind me over the last month??!! I have a tiny account and can totally relate to this article. I am learning to drastically reduce my scalper approach and to stamp out just jumping in to be in a trade. Besides eating and drinking too much(hic) over the festive period I am refocusing all my efforts to being a more disciplined and successful trader.
    Many thanks again Nial and hope you have a good one.

  78. xback December 16, 2011 at 9:18 pm

    thanks nial

  79. Reymond December 16, 2011 at 9:11 pm

    Very nice piece and powerful reminder message

    Thanks a lot Nial. God Bless you more

  80. Steve20555 December 16, 2011 at 8:42 pm

    Yep too true what you say Nial, I now try to act more like the sniper and take only the best Daily Setups. Great lesson and motivation for anyone just starting out.

    thanks Nial


  81. Paul December 16, 2011 at 8:34 pm

    Hi Nial

    Once again a pertinent and focused lesson that appears to have been written specifically for me.

    No doubt about the truth of every word you have written above. Must ‘just’ be true and honest to myself to become a competent and consistent trader. Stop thinking about / worrying about growing my ‘micro’ trading account to a sufficient level that will enable me to make a living from my trading. Until I can demonstrate to myself (and thereafter others) that I know what I am doing and am worth funding, from their perspective. Need to achieve these things in the appropriate order

    Many thanks and best seasonal wishes to you and your family


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