Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
238: How This 25yr Old Gained $5.6 Million in Prop Firm Funding w/ Nouman Iqbal
Aug 2, 2023
43:40
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Quick takeaways
- Start with realistic goals, avoid fake gurus, practice with a demo account, and trade with a low lot size.
- Invest time in learning technical analysis, develop a solid trading psychology, and maintain a calm mindset by engaging in non-trading activities.
Deep dives
Steps to Start Growing an Account
To start growing an account, it is important to have realistic goals and expectations. Avoid following fake gurus and focus on gaining real trading knowledge. Start with a demo account to practice and gain confidence. When ready to invest real money, start with a small amount and trade with a low lot size. Choose one pair and stick to it, focusing on a high risk-to-reward ratio. Follow the trend and give your trades enough time to reach the target.
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