BTCUSD Elliott Wave SMC Strategy : - Live 6/9/2024
Building Your Account from $100 to $1,000
First, I recommend converting your $100 into a cen account. This allows you to manage your trades with greater flexibility. You can now open a cen account with MT5, and Exness offers this option. You can sign up and start trading with a cen account, or if you have more experience, you can continue using a dollar account. Here are some recommended brokers:
Best Low Spread Forex Brokers:
1. Exness link https://bit.ly/473wVLf (Exness Best For Gold Xausd 1 Pip Spread No Extra Commission, Instant Withdrawal, Swap-Free , Cen Account)
2. IUX link https://bit.ly/3Z67dUq | (IUX Forex Broker Trade with zero commision and low spread ,Withdrawal, Swap-Free)
The main reason is psychological. Trading with a cen account allows you to handle drawdowns of 2,000-3,000 points without fear. If you use a dollar account, the losses could be more significant and harder to manage.
Risk Management
We recommend a risk management strategy where you only risk 1-2% per trade when building your portfolio. This approach minimizes potential losses and helps you grow your account steadily.
⚠️ Warning! I am not a financial expert, all sharing is for entertainment and learning purposes only. Everyone is responsible for their own decisions.
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