[00:00] In two minutes or less, I'm going to show you how&nbsp; to grow a small Forex account starting with just&nbsp;&nbsp; 20 bucks. You've probably seen this spreadsheet&nbsp; before, and I've gotten a lot of complaints about&nbsp;&nbsp; the lack of modularity here. So, I made a new&nbsp; spreadsheet for you. I just uploaded it 5 minutes&nbsp;&nbsp;
[00:15] ago. The whole concept of the spreadsheet is&nbsp; being able to take $20 and using compounding&nbsp;&nbsp; and never withdrawing from the account. Using&nbsp; compounding after 30 successful trades, like&nbsp;&nbsp;
[00:27] 30 winning trades, you will get it to $52,000.&nbsp; Basically, whatever your starting balance is,&nbsp;&nbsp; you're trying to gain 30% on the trade. So, for&nbsp; 20 bucks, the profit goal is six bucks and then&nbsp;&nbsp; your ending balance is 26. This information gets&nbsp; taken to the next level and you do it over and&nbsp;&nbsp;
[00:43] over and over again. And when you have a losing&nbsp; trade, you basically just go back a level with&nbsp;&nbsp; a little extra. Now, before it was just a static&nbsp; spreadsheet, but now I've added these four boxes&nbsp;&nbsp; to the left right here. So now you can start with&nbsp; any balance that you want that's over 20 bucks.&nbsp;&nbsp;
[00:57] Cuz if it's less than 20 bucks, you won't be able&nbsp; to actually execute the first trade. So now, let's&nbsp;&nbsp; say you want to start with a 100 bucks, but you&nbsp; want to do less risk. You don't want to risk 15%&nbsp;&nbsp; per trade. Let's say you want to do traditional&nbsp; trading and you want to risk 1% per trade. And&nbsp;&nbsp;
[01:13] let's say you're looking for a 1:2 risk-to-reward&nbsp; ratio, and you still want a stop-loss of around 10&nbsp;&nbsp; pips, looking for a 20 pip takeprofit. Now, after&nbsp; 30 successful trades, you'll have $181. And that's&nbsp;&nbsp; traditional, good, healthy risk management. And&nbsp; you can use this and mark each completed level,&nbsp;&nbsp;
[01:31] put notes of winning or losing trades. You can&nbsp; grab the screenshot URL from Trading View and&nbsp;&nbsp; put it in here. But the whole goal of this is&nbsp; to allow you to be able to leverage a small&nbsp;&nbsp; amount of money and grow it into something more&nbsp; substantial. If you just bump up the risk to&nbsp;&nbsp;
[01:46] 10% and keep the risk multiplier at a 1:2. So for&nbsp; the first trade you're risking 10% which is $10,&nbsp;&nbsp; you're expecting a 1:2 risk-to-reward ratio.&nbsp; So you're expecting 20 bucks as the win. Still&nbsp;&nbsp;
[01:58] using 10 pips as your stop-loss. You can&nbsp; now see that this is a more manageable,&nbsp;&nbsp; reasonable expectation. taking a h 100red bucks&nbsp; to 23,000. And you don't have to adjust anything&nbsp;&nbsp; on this spreadsheet anymore. It's just these&nbsp; four boxes on the side. So if you want the&nbsp;&nbsp;
[02:13] new challenge spreadsheet, go to tmafx.com.&nbsp; On there, the third icon down will be the 20&nbsp;&nbsp; pip challenge file. Just click that and it'll&nbsp; download onto your desktop and you can adjust&nbsp;&nbsp;
[02:25] it however you please. Thanks so much for&nbsp; watching and we will see you in the next