How to get a million dollars for stock trading

When communicating with different people, you very often hear the phrase: “If I could get a million dollars, I would go trade on the stock exchange.”.

These people take the phrase "Money makes money" literally and believe that the secret to success in stock trading lies not so much in trading skills as in the size of the deposit.  

So, they think that if you have a million dollars, making money on the stock exchange with that capital is quite easy. But they don't even realize how easy it is today to get a million US dollars to open trades.

And this opportunity allows us to test in practice whether money can make money, and how true this statement is.

So, how do you get the coveted million American dollars?

You all know that all stock brokers provide leverage for trading on the exchange, which allows you to increase the volume of your transaction by 1000 or even 3000 times.

It is easy to calculate that in order to get a million, you need to have $1,000 with a leverage of 1:1000 or $335 if you use a leverage of 1:3000.

The following brokers offer high leverage: https://time-forex.com/interes/kreditnoe-plecho-1-1000

It should be noted, however, that significant leverage is provided primarily for currency trading, so you will have to trade currency pairs.

It turns out that getting a million for stock trading isn't that difficult. You need to be over 18 years old, register with a broker, and have a minimum of $335 as collateral for the transaction.

But you can only test the outcome in practice, after opening an account with a broker and starting trading.

To avoid any unfortunate surprises, I recommend reading the article " What Trading with 1:3000 Leverage Looks Like in Practice ." It's packed with interesting information and may even help you decide whether you need a million dollars to trade on the exchange.