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

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Editors’ Picks

EUR/USD remains depressed below the 1.1600 threshold

 EUR/USD struggles to regain the 1.1600 level after falling to a fresh weekly low of 1.1580. The dollar benefited from solid US macroeconomic data but softer yields capped its gains.

EUR/USD News

GBP/USD accelerates slide to 1.3760

 GBP/USD advanced to a daily high of 1.3830 during the European session but reversed its direction in the second half of the day. Fading BOE rate hike expectations and Brexit-related headlines weigh on the pound.

GBP/USD News

USD/JPY sticks to modest gains near 114.00 mark ahead of US data

USD/JPY edged higher for the second successive day, though lacked any follow-through. The risk-on mood undermined the safe-haven JPY and remained supportive of the move. Retreating US bond yields weighed on the USD and kept a lid on any meaningful gains.

USD/JPY News

Editors’ Picks

EUR/USD remains depressed below the 1.1600 threshold

 EUR/USD struggles to regain the 1.1600 level after falling to a fresh weekly low of 1.1580. The dollar benefited from solid US macroeconomic data but softer yields capped its gains.

EUR/USD News

GBP/USD accelerates slide to 1.3760

 GBP/USD advanced to a daily high of 1.3830 during the European session but reversed its direction in the second half of the day. Fading BOE rate hike expectations and Brexit-related headlines weigh on the pound.

GBP/USD News

Gold losing its shine and the 1,800 threshold

Gold edged lower on Wednesday, trading as low as $1,782.31 a troy ounce. The greenback strengthened ever since the day started against its commodity-rival, getting a boost early in the American session from upbeat US data and rallying equities.

Gold News

Small correction ahead of cryptos before next leg up

BTC struggles cross above the Tenkan-Sen, could create profit-taking and a corrective move. ETH breaks out above a bullish continuation pattern, but momentum is weak. XRP continues to lag BTC and ETH but is poised to catch up in relative performance.

Read more

Bank of Canada Rate Decision: Inflation prospects headline policy review Premium

The Bank of Canada is expected to continue tapering its asset purchases and maintain its current rate posture when it concludes it meeting on Wednesday at 10:00 am EDT. Overnight rate projected to be unchanged at 0.25%.

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