How I Turned $20 into $100: Sharing My Experience
In the beginning, one key factor was luck š. Since I hadnāt yet faced the emotional rollercoaster of trading, I was able to trade with a relaxed mind, which led to good profits. However, I managed my risks well by trading with very small amounts like $2 or $3, always using proper stop-loss orders. I earned small profits of around $0.5 to $0.7, which was reasonable given my portfolio size. Over a week of consistent trading and profits, I managed to grow my $20 into $100.
But hereās where I made a mistakeāI wasnāt satisfied. Slowly, greed crept in, and I started taking unnecessary risks. I began to feel overconfident, like I had mastered trading, and stopped using stop-loss orders. Thatās when the losses started piling up. Eventually, I kept making mistakes until I lost everything and ended up back at zero. š
Over time, I gained experience and learned valuable lessons. Thatās why I always say that training your mind is very important. Some people claim that you canāt profit with a small portfolio, but the truth is that most people arenāt satisfied with small profits. During this phase, they often ignore risk management, which leads to increasing losses until their account is wiped out.
I hope my journey helps you and gives you insights into what to focus on as a beginner. Believe in yourself, focus on learning, and donāt confuse yourself by trying to follow too many people. Keep your mind relaxed and stay focused.
I Truly Believe,You can do it too!
Best of luck š
