In this video, I’ll show you an effective yet simple-to-follow forex trading strategy for a small forex account using three powerful exponential moving averages. This forex trading strategy can be applied at any time frame and used by anyone, from beginners to advanced traders.
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*FURTHER VIDEO DESCRIPTION*
This video will show you a step-by-step guide on how to utilize EMAs and price action forex trading strategy for a beginner trader who aims to grow a little forex account using this simple forex trading strategy. I will explain to you what to look out for in order to find a high-quality setup that will help you efficiently grow your small forex trading account.
This forex trading strategy allows traders to enter the trades when having a small forex account using lower trading volumes, which eventually reduces the money at risk and limits the odds of any potential losses, resulting in the constant growth of their small forex trading account.
Managing your money in a small forex account is identical to managing your money in a larger account, with the exception that you will clearly be trading lower position sizes in every transaction in a small account. Do not become greedy and trade too much or over-leverage on a small forex account; this is a frequent emotional trading mistake when using this forex trading strategy as that can kill your small trading account faster than you think and severely limits your prospects of being a good trader.
As I indicated in my video, small forex account traders cannot afford to trade poor trade setups when utilizing this forex trading strategy so only open a trade if your analysis indicates that the setup has a high probability.
If you are serious about trading your forex account effectively using this forex trading strategy and having a chance to move your trading to the next level, you will need to apply the knowledge I have provided in this video on how to grow your small forex account efficiently and truly strive to create a change in the way you trade.
– RISK DISCLAIMER –
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments.