Step 1: practise on a free account
Open a free trial and trade it as if it were real: same size, same rules. Axora Funded gives a free $100,000 trial account with live prices on forex, gold, indices and crypto.
Step 2: keep a journal and measure your edge
After every trade write down the setup, entry, stop, target and result. After 50 trades calculate your win rate and average reward-to-risk. That tells you if your method has an edge.
Step 3: learn to size positions
Risk a fixed % per trade (0.5-1%) and calculate lots from your stop distance. Correct sizing is what keeps a small account alive.
Step 4: get buying power without a big deposit
With $100 in a live account, even great trading earns a few dollars. The same $100 can pay for a funded challenge: challenges start at $34, with accounts up to $1,000,000. Join the free monthly competition too: the top three win challenge accounts.