Trading with just $10, what should be my daily profit target?

If I am trading with a $10 account balance, what amount of profit should be okay for me in a day?

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@israeljasspu - 1 month ago

🤧🤧 ask him how many times he have tried my opinion was better liquidity not mocking him

M
@melody_nk - 1 month ago

I would say $2 a day is okay

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@israeljasspu - 1 month ago

Stop trading $10

Quoted - israeljasspu

Stop trading $10

Why should he stop? It depends on the instrument he is trading, major fx pairs require as little as $1 margin to open a trade with 1:1000 leverage brokers.

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@investorgeo - 1 month ago

My opinion, but $10 is too small a capital to trade with.

Get a primary source of income so you'd be able to focus on your trading without emotions and unnecessary mistakes.

Your can't do risk management with $10, there's not enough space for failure with that. Trading is probability so you should factor that in as well.

I'm not saying don't trade. But for now you can try demo trading while you do something else to get money from, and from there you can save up to fund properly.

With my 7 yrs of experience trading FX, trust me, this is one advice I wish I took earlier on.

But again, it's just an opinion. A few outliers still make it out alive with $10 capital. Very rarely though, but it's not impossible.

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