Best way to grow an account from "scratch''

Hi friends these is the bigest problem wich traders face here, sometimes they trade well but because of small equity they change strategy and they find them self in loser strek And so so many how's there any constuctive reply will be valuable
So the (1 milion $ ) question: BEST WAY TO GROW AN ACCOUNT FROM "SCRATCH''

lots of patience, and very small positions.

alternatively:
if you feel above a waste of time due very small $$ gain...(probably correct, eg. 5% a month on 100$=5$/month)...wait till you get more capital.

conclusion:
without capital, you cant start a business, but with few dollar you can always buy a lottery ticket. with lottery, out of a million, 1 wins the jackpot, some wins a little, most lose. not very different if you try to trade your few dollars, worth hardly more than 2 cinema ticket, or a decent family meal an average restaurant.

Small steps ... as Neil Armstrong said.

Use exponential ways...

What do you mean by best way?

Fastest way? 'Safest' way? Least time consuming way?

What exactly do you mean by from scratch? You mean small account?

Lets say is someone wants to grow an account from (scratch i mean 1K)1K to 10 K...... Fastest way? 'Safest' way? Least time consuming way? all them

Since the market ranges most of the time, I would concentrate on learning how to trade ranges. A range on a higher time frame will appear as a trend on a lower time frame. The lower time frame trend, based on a higher time frame range, has the same high/low. Since you know when the higher time frame range begins and ends, the lower time frame will allow you to gain more precise entries and exits, as well as opportunities to trade reversals within the lower time frame trend. Or, those reversals can be used as take profit points, and reentries back into the original direction. Either way, it means more potential pips via the expanded sample size. Rather than making a higher time frame trade, and riding out whipsaw and drawdown, you can trade reversals instead.

Most traders have a "buy" mentality and then like to "hold", lol. They don't see all the cycles along the way. For example, in the old days, a person would buy stock in Microsoft. It had a definite cycle of up and down. If you bought at the beginning of the year, then at the end of the year the stock had the same value. However, if you traded the cycles, you could have made a lot of money. I know Warren Buffet is a buy and hold guru, but it has taken him his whole life to build equity. If you want to pay next month's mortgage, that is not the right pattern. Totally up to you. I was offered a job to work for a huge buy and hold firm, but refused it because I preferred trading the cycles, or swings, that were completely ignored by them. I prefer to trade using graphs instead of time.

It becomes a matter of understanding probability. No, not the odds, but actual probability, the controls limits of price movement. If you know where price is likely to be contained, it is simply a matter of finding the mean value of that containment and then using proper oscillating indicators to measure the range of price from the mean to the apex and back. It is just math. Too many people complicate it by looking for the lazy options, like drawing lines from dead trades, or like in the case of AlastorFate, using their "feelings". In order to control chaos, you need control, and probability is the very definition of control.

"Statistics is a measure that is used to quantify the amount of variation or dispersion of a set of data values. A low standard deviation indicates that the data points tend to be close to the mean (also called the mean value) of the set, while a high standard deviation indicates that the data points are spread out over a wider range of values."

If you know the limits of price, then you simply trade the limits. If the limits are broken (breakaway), then stay in the trade until price breaches the limit on its reversal. While it is how I prefer to trade, I realize it is just one method of millions. Every trader seems to have his/her own method, lol, so a consensus will never be reached. The only truth is money talks...BS walks.

Exellent tip thanc you #dkrock's

If your goal is $1k to $10k.... fantastic in one way - a 1,000% gain - but quite uninspiring in another.

If your goal is to turn $1k into a business in which you Trade for a Living, then the challenge is to trade a clearly described plan consistently and successfully for, say, 2 years, whilst not quitting your day job. If you can make 30 - 60% with low drawdowns, ie. 940% less than the first idea, you should be able to find an investor to grubstake you with a reasonable amount, say, $100k, to start.

$10 million under management after 10 years ? It's possible, as opposed to still be trying to work out how to make that $10k / 1,000% return.

I need courage from hot heads here in FF i think i em in good path .....

Dont trade a demo account.

better small than monopoly money.

There is no safe way. You cant build a account from 1k to 100k with no risk. When you want a high return risk is higher.

It's your choise to like me or to hate me but im doing well