|

How to Grow a Small Trading Account Into Something Much Bigger

Awards 2013


Episode 178 is one of those episodes where your host, Rob Booker, delves into a topic that you’ve probably been waiting to hear about: How to Grow a Small Trading Account Into Something Much Bigger. A must-listen episode — for sure. To help Rob with this discussion, we have special guest Bradley Fried, the CEO of Rob Booker Japan.

So, here’s the premise: Rob has been getting more and more questions lately from newer traders or those who recently took a break from their trading. And one question keeps coming up:

I’m starting with a smaller account, but I heard you need at least $50,000 to $100,000 in order to trade for a living… so, how am I supposed to do this, if I’m starting with a small account?

Brad and Rob offer some great discussion to address this question. Brad talks about making your trading more of a process — and how process is a mental posture against the problem of using the market and trying to get profit from it. Rob and Brad also talk about the role of fear in trading (and where it comes from). All of this and so much more is available for you in Episode 178.

And by the way, you can support the podcast by checking out an upcoming trading course on “How to Grow a Small Account Into Something Big,” offered by Bradley Fried and Rob Booker.

Player Rob Booker

Author

More from Núria Foj Alvira
Share:

Editor's Picks

Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano reclaims trading above the key support zone on Monday after a 2.85% correction last week. Improving derivatives positioning and constructive technical outlook support a recovery for ADA. Derivatives data shows an improving sentiment among Cardano traders. CoinGlass’ long-to-short ratio for ADA reads 1.01 on Monday, flipping into green territory.

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash trades around $1,278 at press time on Monday, holding the previous day's 4% gains and showing a steady recovery over the last three days. Institutional demand for Zcash remains low, with Grayscale’s ZEC-focused Exchange Traded Fund recording $30 million in outflows last week.

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Bitcoin takes back $83,500 on Monday after a sharp correction, with the Crypto King slipping below $81,000 the previous week. Ethereum and Ripple followed BTC’s footsteps, recovering and reclaiming the $2,500 and $1.400 marks after a pullback last week.

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum saw a brief recovery on Friday, up 3% over the past 24 hours, but remains below the $2,500 key level as derivatives continue to show weakness. Open interest, the total value of outstanding contracts in a derivatives market, briefly rose to 13.29 million ETH earlier on Thursday as prices fell, before retreating to 12.83 million ETH.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.