How do I make money with such little capital?($500) Paper trading and I can't make anything.
I've been wanting to day trade forex or futures, and so I first paper traded. However, it is legit impossible for me to even make $100 a day without first investing/having like 100k in the first place.
I make like 2$ in 1 hour trading forex with $500 equity, small risk, and I can't even open any positions on futures with my hypothetical $500 because it states I don't have enough cash to open any position by the demand of the margins.
But I've seen 17, 16yr olds make $2000 a day, and I know they didn't start with 100k cash.
How do you guys do it?