How i started with low capital

Power2Fly

Power2Fly

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I will be very straight forward.

You have low capital but want to make money?

What i did was the following:

- Join FTMO
- Get the challenge for 10k to 100k
- Join 1 or 2 good signals provider

Copy the signals and be free to work from anywhere.

I am not associated with ftmo, i am a funded trader there and they are legit and pay on time!

Any questions pls ask here, not by PM.
 
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Making money at market requires a lot of study and practice, if you delegate that task, you are exposing yourself to them using your money, leaving your luck to chance until you lose. It is a common scam and you cannot be sure. Not to mention the state of the world to which we are subjected.
 
Does it really works? Can you add more details please?
 
Ok i will explain a little better.

FTMO like a few other companies, but i only trust ftmo thats where i work with for over 7 months already, they fund traders, you pay fornthe tests and if you pass them youbget a real funded account where you get 70% of the profits every month. Of course they have rules, max daily loss and max loss. but if you use low risk per trade for example 1% risk on a 1:3 return is very hard for you to blow up the account.

The good thing that i like is for just 155€ you can get a funded 10,000€ account up to 80,000€ at the time, but there is no limit on the accounts you can get.

For people with low capital, i recommend starting with the 10k account and with the profits scale up.

For the people who do not know nothing about forex, there are a few legit and good signal providers like tradingplaces, bluecapital and a few more, forget those signal providers that pay for advertising or require you to open an account unser their brookers, those are 100% scammers.

The plan, is get one of thosr legit signals provider, get a gtmo account and respect the 1% risk per trade. In less than a year you csn have over 100k funded account easily as long as you respect and follow the risk management and stop loss.

I am not affiliated with anyone, just giving another option for those with low capital.
 
For those that messaged me that want to get into forex but have no idea i dont answer om neither i am selling anything. Just get ftmo challenge for w.e amount you want and join centurycapitalgroup signals, they are the best i know with amazing results each week. And in 20 days to complete the challenge you will have your funded account and just keep following those signals, they are expensive about 150€ monthly for the signals but worth every penny. So you can have an idea, you only need 10% to pass the challenge this guys made 2000 pips in 3 days last week and already 700+ this week. That means you can pass the challenge very easy as long as you respect the risk management of 1% per trade.

Please do not ask me for signals or anything via pm, i am not selling neither giving nothing, this information alone is worth a lot if you know how to use it.
 
onlinemarketer12 said:
Can you explain more about what you did ?
Click to expand...

As i said, i had very low capital but i have been studying fx for over 3 years and found this comapny called ftmo where they fund traders if they successfully finishes 2 tests (challenge then verification).

So for people with low capital, you can get a 10,000€ account for just 155€ and you get 70% of the profits you make.

For the people who dont know nothing about forex, i recommend the following signal provider centurycapitalgroup which they charge 150$ monthly but is worth every penny.

If you need help setting up this, i can help you just lmk
 
This is a valid choice for people starting out. There's a lot of companies that offer the ability to "learn to trade".
(I've personally used earn2trade - they actually have courses you can read up on and learn while doing this, its not just a test and that's it, but its a little more expensive)

Pretty much you pay them a fee and upon completing their goals, you get bumped into a 2nd "verification" process to make sure you didn't just get lucky for the first month of trading and they hope you can achieve the same thing again.

Once you pass it there again, they finally send you an offer based on your trading habits.
(Times that you can trade, the capital max amount you can trade, daily loss limit) This is normal and a way for them to protect themselves.

If you plan on getting into this, I would recommend actually learning methods/strategies over signals.
But to each their own. It is a good step and a cheap entry point to possibly becoming a full-time trader.
 
Amphoric said:
This is a valid choice for people starting out. There's a lot of companies that offer the ability to "learn to trade".
(I've personally used earn2trade - they actually have courses you can read up on and learn while doing this, its not just a test and that's it, but its a little more expensive)

Pretty much you pay them a fee and upon completing their goals, you get bumped into a 2nd "verification" process to make sure you didn't just get lucky for the first month of trading and they hope you can achieve the same thing again.

Once you pass it there again, they finally send you an offer based on your trading habits.
(Times that you can trade, the capital max amount you can trade, daily loss limit) This is normal and a way for them to protect themselves.

If you plan on getting into this, I would recommend actually learning methods/strategies over signals.
But to each their own. It is a good step and a cheap entry point to possibly becoming a full-time trader.
Click to expand...
What you are describing sounds reasonable , but let me ask you this. How easy it is to actually learn to trade , achieving the minimum ROI required to be funded by these guys and therefore end up working as a trader. The OP seems to describe as something pretty simple , but to my experience it is not . What do you think ?
 
borosOuro said:
What you are describing sounds reasonable , but let me ask you this. How easy it is to actually learn to trade , achieving the minimum ROI required to be funded by these guys and therefore end up working as a trader. The OP seems to describe as something pretty simple , but to my experience it is not . What do you think ?
Click to expand...

It isn't simple, I think about 80% of people that apply don't make it through their "training" so you lose out on the money you paid to do it. You're practically paying them in hopes you are good enough to trade for them. Like don't get me wrong, they make good bank on it and only take the people who succeed.

I've known people who passed it and ended up blowing out their accounts in like 2-3 months because they didn't learn a proper trading strategy and manage their accounts poorly.

The reason I liked the one I mentioned is they have a bunch of learning material and webinars to aid their users actually get onboard.

But like I said, they make a lot of money on people that try their services in hopes to get in.
 
Amphoric said:
It isn't simple, I think about 80% of people that apply don't make it through their "training" so you lose out on the money you paid to do it. You're practically paying them in hopes you are good enough to trade for them. Like don't get me wrong, they make good bank on it and only take the people who succeed.

I've known people who passed it and ended up blowing out their accounts in like 2-3 months because they didn't learn a proper trading strategy and manage their accounts poorly.

The reason I liked the one I mentioned is they have a bunch of learning material and webinars to aid their users actually get onboard.

But like I said, they make a lot of money on people that try their services in hopes to get in.
Click to expand...

As i said, if you are not good at forex you can follow that signal provider and use 1% risk and you wont blow your account
 
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