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How to start a trading business with $500

How to start a Trading Business with $500

Many new traders have little capital available in the beginning, but this is not an obstacle to starting a trading career anyway.
However, this book is not about how to grow a $500 account into a $500,000 account. It is precisely these exaggerated return expectations that bring most beginners to failure.

Instead, the author shows, in a realistic way, how you can become a full-time trader in spite of limited start-up capital. This applies both for traders who want to remain private, as well as for those who want to eventually trade customer funds.

This book shows step by step how to do it. In addition, there is a concrete action plan for each step. Anyone can be a trader in principle, if he or she is willing to learn how this business works.

Table of Contents

1. How to Become a Trader with only $500 at Your Stake?
2. How to Acquire Good Trading Habits?
3. How to Become a Disciplined Trader
4. The Fairy Tale of Compound Interest
5. How to Trade a $500 Account?
6. Social Trading
7. Talk to Your Broker
8. How to Become a Professional Trader?
9. Trading for a Hedge Fund
10. Learn to Network
11. Become a Professional Trader in 7 Steps
12. $500 is a Lot of Money
Glossary
44 trycksidor
Ursprunglig publicering
2018
Utgivningsår
2018
Förlag
DAO Press
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    How to Become a Trader with only $500 at Your Stake?

    Most new traders, when starting out, have a small account. The sum may be different, but almost all of these traders start with the desire to increase this small capital sum quickly. This need is natural and understandable, but the urge to do so fast is the seed for future failure. Whether they start with $500 or $1000, most beginners feel that they are only a “small fish in the stock market.” They want to change this as quickly as possible.
    They believe that the only way to get to a big account is to multiply their little account fast. Because then, if the account is large enough, they can quit their job and make a living solely from trading. As
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