HyperCompounding with Forex

Growing a small account into a much larger one.
(This post is more a reminder to myself than it is for those reading.)

The process of growing a small account into a much larger one begins with a mindset that the safety of the account is object number one. The name of the game is incremental consistent growth. The question is how can you do that when your trading is inconsistent and you are constantly blowing up your account.

You must change your thinking to the following....
What will it take for you to be able to survive 1000 or more trades with whatever the account size you have. You must give yourself the opportunity for your system to run 1000 or 10000 times. If your not giving yourself this kind of opportunity you can not find success.

Secondly, does your system enable you to easily know when your idea is wrong and give you a quick exit. If your system can do this then your home free. The likely hood is that 99.9% of the time, your system can not do this and if it can, your more than likely not following it. A whole volume of books could be written on how your system can easily let you know when your idea about the direction of an instrument is right or wrong and it still wouldnt be enough.

The next two things are leverage and position sizing, combined with the correct system you can do the impossible. That is until your own mind turns against you from either too much success or too much failure, Too much of either will cause shift in you being able to follow what should be a winning situation. So after youve gotten everything right your own psychology can destroy all your hard work.

So the answer to the last road block is kind of simple...you must remain humble. Do not, at least while your trading associate your trading to a larger change in your lifestyle. Keep your focus only on your system, position size and the ability to follow through on your trade. Do not think about the money. Do not think about winning and loosing...The only question is, did you execute your trading strategy to perfection. Repeat and rinse 1000 times or more and guaranteed account growth will occur.

So from $100 to actually get it into a trading account I've lost about $10 just to get the money where it needs to be...the picture will show a balance of $90.00 it is 4/22/20 ....LET THE PROCESS Begin...

Simple technique to consistently make trades where your win to loss ratio will increase, as well as your overal return per the amount risked.

The process of just getting money into a trading account...
1> Taking that hard earned $100 bill and turning it to bitcoins
2> Sending bitcoins to trading platform half way around the world...