Thread: Does having adequate account size help make a success?

Hello Friends,
Especially Professionals.

Do you think having a good account balance helps alot in the long-run ?
Do you think its better to trade small with good account balance..
than rather trading huge with less account balance.

I would appreciate your advises.

In times of micro/nanolots and Oanda where you can trade entirely every size, account size doesn't matter.
Whats more important than the actual account size, is how much do you risk per trade in percentage (%).

Thats the only thing that matters. But remember the larger your account the larger are you profits.
Assuming you have a trading system with R/R = 1 and you take a risk of 2% per trade.

If you have an account of 200$, 2% equals to 4.00$, hm not that much.

But if your account is 50.000$ than 2% equals to 1000$ . Sounds much better, right?

And your question is a no-brainer if you think about it for a minute

U have to understand what is ur main objective and goals first.
If ur a employed trader, lets say trading an account size of 2M, that's helpful, because if ur target is only to achieve 500k-1m per annum 25-50%. or even a 100-200%. We are talking about dollar over risk%

If ur a lone trader, a retail trader doing for urself primarily, if u want to live a comfortable life but only have 5-10k to trade with, then u have to be realistic in ur risk/money management, u can't possibly target $200-$400 everyday on a 5K account, as u may also be extending ur risks for gains. A sizeable account for 200-400 per day can be from 25-50k.

25k account - 2% risk is 500. 50k, 2 % risk is 1000.

200x20 = 4000 per month x 12 = 48k . 48 k /25 k = near 200%
400x20= 8000 per month x 12 = 96k . 96k/50k = near 200%

is 4k per month a good income? for general. yes.
is 8 k per month a good income? yes ofc.

Money has nothing to do to with success in forex.
There is only one thing which makes you to be successful in forex.