jixiang
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almost all the forex brokers have a lot of publicity at their small capital requirement to open a account, but if you really use this capital to trading, basically you will soon be kicked out of games, which is why most traders will burst positions within 1 month.
Want to know why, well, let's look at those chart, which with the same parameters: Initial capital $300; winning rate: 50%; Stop Loss: 2%; Take Profit:2%; trading 2 times per day, $1 Fee per transaction.
Unfortunately, the actual situation is even worse than that, to have a 2% stop lost means $6 for $300 if 1pip = $ 1, that is 6 pips stop lost, how many people use this senseless stop? Most people stop with 15-20 points a 7% SL and TP, then the situation would like this:You will be kicked off faster!
This is lucky one, but is kicked off finally.
Do not try again and again with minimum capital requirement, this is not the problem of your transaction technology.
Want to know why, well, let's look at those chart, which with the same parameters: Initial capital $300; winning rate: 50%; Stop Loss: 2%; Take Profit:2%; trading 2 times per day, $1 Fee per transaction.
![chart1.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart1.jpg&hash=e5a6797e684e57ad43b28e5329173434)
![chart2.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart2.jpg&hash=413a94081c646f6a1c0b275492326b65)
![chart3.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart3.jpg&hash=fe6f6fdf6a4d297f0659db5ce6c44622)
Unfortunately, the actual situation is even worse than that, to have a 2% stop lost means $6 for $300 if 1pip = $ 1, that is 6 pips stop lost, how many people use this senseless stop? Most people stop with 15-20 points a 7% SL and TP, then the situation would like this:You will be kicked off faster!
![chart4.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart4.jpg&hash=f5ba8847433630732bbcdc6887607b8a)
![chart5.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart5.jpg&hash=a005ac437f0258c8dbe7d7ba79954105)
![chart6.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderpad.net%2Fuser%2Fjixiang%2Fchart6.jpg&hash=d775e1d9d5320ae97e8e7539d8ae5c8c)
Do not try again and again with minimum capital requirement, this is not the problem of your transaction technology.