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$100 dollars is a small amount to make living on Forex.
The good thing is most metatrader brokers allow to trade with fractional mini lots.
Say you make only 10%, which seems like nothing on a $100 account.
If you are patient and use an EA that has good money management coded in it, using the power of compounding you can turn $100 into $30,448 in 5 years.
There are EA's that will make 10% a month. The problem is a lot people are looking for EA's that will give them 100% a month or every two months.
I have seen people, including myself, change the risk setting of some good EA's that produce between 5% and 10% a month to a much higher setting in order to get rich quick fast. You can probably double the account in one month and lose it all the next month with these settings.
100 is a little bit too small, why not put 10point3 on the account give it a try, just hope you'll be able to double your account before the big hit. withdraw all the capital, then leave the rest to grow. good luck.
regards,
david
edited:ah...NF only have standard account. 100 bucks with 1:500 leverage, atleast you can bring it to MaxTrade2 then margin call
100 is a little bit too small, why not put 10point3 on the account give it a try, just hope you'll be able to double your account before the big hit. withdraw all the capital, then leave the rest to grow. good luck.
regards,
david
edited:ah...NF only have standard account. 100 bucks with 1:500 leverage, atleast you can bring it to MaxTrade2 then margin call