Why do people start with small accounts?

This is a discussion on Why do people start with small accounts? within the General Trading Chat forums, part of the Reception category; Because they do not have the courage to take risk of money to earn something big from a market....

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Old Sep 28, 2017, 5:43am   #17
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Because they do not have the courage to take risk of money to earn something big from a market.
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Old Sep 28, 2017, 2:27pm   #18
 
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A few START with a large account and end up with a SMALLER one

Let's not forget about them
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Old Sep 28, 2017, 3:06pm   #19
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Originally Posted by piphoe View Post
A few START with a large account and end up with a SMALLER one

Let's not forget about them
Yes, like some idiot did £5-£30 a point. Now he doesn't dare to do 1p/point.

I went small after 5 years of study having realised what the market was. Then I went modestly bigger. Then it grew like nobody's business. I have crossed 6x seed capital growth in account balance terms only yesterday.
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Old Sep 28, 2017, 10:41pm   #20
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seekingTruth16 started this thread I wasn't referring to people that want to learn, play around, have a gamble with small amounts on the side. I mean people who think they can make a living at this, starting out with small accounts. It's just not realistic, and it's not a good way to grow your wealth and pay for your lifestyle, as a job will do that much better.
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Old Sep 30, 2017, 10:07am   #21
 
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I've also started trading with small deposit. I didn't know if I was going to like trading or not, I just wanted to try.
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Old Sep 30, 2017, 7:19pm   #22
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Originally Posted by june_girl7 View Post
Because they do not have the courage to take risk of money to earn something big from a market.
Maybe the courage point can be countable however start with small amounts can help us to check the brokers processes like withdrawal etc before moving the entire money to the broker's wallet.
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Old Oct 6, 2017, 4:05pm   #23
 
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Why would anyone want to start with 50k to 100k and see their large account dwindle?There are few here and there that can make a success of even 1k account, while others blow much larger ones. Since the likelihood of failure is high when starting out why expose yourself to such a large account size? Its better to make mistakes, learn by trial and error, etc with small (but big enough that one or two losses do not blow the account) account.

When it comes to trading (not investing) if you are not increasing the account size by 20% a month (not year) then you really shouldn't be in this game.

If you are looking to make £2k on a £10k account after a whole year, its better to be working, not trading.
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Old Oct 6, 2017, 5:30pm   #24
 
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why does everyone talk about like "20%/month" trading results like its interest or something akin to an investment acct? this is TRADING, not CD's, or some other interest bearing acct. aren't there people here that can take a 5K account and with little DD turn it into 100K in a year??

i always dreamed of being one of those people someday.
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