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Truth #1 — You need money to make money
Forget about taking a $1000 account and turn it into millions.
That is achieved through gambling, not trading.
Instead, you should look to make an average of 25% per year (this depends on your risk appetite and trading style).
On a $1000 account, you're looking at an average of $250 per year.
On a $20,000 account, you're looking at an average of $5,000 per year.
On a $600,000 account, you're looking at an average of $150k per year.
On a $1m account, you're looking at an average of $250k per year.