It will be pretty tough to make some serious cash with only a $1k account but maybe that it the point. ESMA now makes people think that Forex trading is not a get rich quick scheme but something that can make a small bit of cash on the side and maybe , just maybe can make a bit more.
It IS tough but possible! I haven't done it but I know it. Check for the trading system data in myfxbook, and you'll see it.
From them, and from my experiences I've realized that what one needs is to go to the shorter time frames. I want to keep it more like a day job. Low fluctuations in trading account balances(volatility), etc.. Hardest part is staying aside when market conditions are against trading. Every time I hold my positions overnight I start losing.
A big obstacle for that kind of an approach are family obligations, a day job, or having an active social life.
Those things can be detrimental to trading, really!