How to Turn $ 5,000 into a Million
Written by Heikin Ashi Trader
Narrated by Jack Sanders
4.5/5
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About this audiobook
Can you become a millionaire on the stock market? The question of how to grow a small account undoubtedly occupies every trader’s mind. How do you manage to make a fortune out of a small amount? And preferably really fast?
Just as it is possible to build a real estate empire without a dollar of equity, so it is also possible to achieve high profits on the stock market with a small amount of starting capital (USD 5000 or less).
In this book, Heikin Ashi Trader presents a stock market strategy that will help the trader to succeed in this endeavor. Above all, he explains that the factor of position size plays a much more decisive role in trading success than is commonly assumed. The right question is not: how often are you right or wrong, but how big is your position if you are right?
This method is just about finding the markets where a significant movement can be expected. And once he has identified one, the trader should build a big position in that market, so that he can fully benefit from this movement.
Heikin Ashi Trader
Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.
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Reviews for How to Turn $ 5,000 into a Million
45 ratings2 reviews
- Rating: 5 out of 5 stars5/5Just confirms my trading mindset esp in the backdrop of the Adani crisis
- Rating: 5 out of 5 stars5/5Highly informative and full of insights. Thanks for this s must-read