ICT Mentorship Core Content - Month 02 Growing Small Accounts
The Inner Circle Trader・2 minutes read
New traders should focus on growing small accounts steadily with low-risk, compound-interest-defined trades rather than chasing high percentages. Consistent risk models, selective trading, and aiming for a 1.5% return per trade can lead to significant account growth over time.
Insights
- Small risk defined trades with compound interest can effectively grow an account over time, emphasizing the importance of consistent risk models and well-defined low risk parameters.
- Selective trading with a focus on minimal risk and consistent gains, aiming for a 6% compounding of equity per month, is a sustainable approach that can lead to significant returns without the need for high accuracy or daily trading.
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Recent questions
How can new traders grow small accounts effectively?
By focusing on small risk defined trades with compound interest.
What is the recommended trading frequency for consistent profits?
Selective trading in specific conditions is more effective.
What is the key to maintaining financial stability in trading?
Aim for trades that have little impact if unprofitable.
How can traders maximize profits from each trade?
Continuously study and strategize scaling options.
What is the sustainable approach to account growth in trading?
Focus on a 6% compounding of equity per month.
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