Trading with a small account is possible… if done correctly.

Let’s be honest, everyone begins trading with the hopes of making a lot of money through their trades, maybe even enough money that they can quit their jobs and trade for a living. However, when asked how they are going to make “a lot of money trading” most traders would not be able to give you an answer. Somewhere in the back of their minds they secretly hope that they will catch the one big move that will set them up with a big enough account to be able to trade like the big boys. Unfortunately the odds of catching the “big one” are probably the same as those for winning the lottery, if not worse. A successful trader once told me that I should have a trading goal. The goal did not have to be a large one, but the simple fact of having a goal would help me focus better on the markets. I would come to see better opportunities (note this is not the same as “more opportunities”) as well as managing my money better. Since I did not have a very large trading account, the trad
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