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How much should you invest in trading
Feb 14, 2022 at 23:59
Yes, investing money in forex trading is just spent money that affords to lose, it's better to avoid debut for investing forex trading account to avoid something out from expectation because trading forex is risky, besides capital also trader need to looking for a reliable broker, trusted broker usually regulated and they have good review feedback from many traders
Member Since Feb 07, 2022
9 posts
Feb 16, 2022 at 08:41
I invest 5% of my overall savings
Member Since Jul 20, 2020
385 posts
Feb 17, 2022 at 07:51
skihav posted:
I believe that a small amount should be invested, especially if the trader has just started working in this industry. Otherwise, it will not have the best results.
Completely agree i think its about scaling up as you go. Theres no point lumping 10k into an account when you could get comfortable with 1-2k first
Member Since Feb 17, 2022
1 posts
Feb 17, 2022 at 13:01
Invest that money that you will not be sorry to lose. Do not invest if you have loans to pay; if you have debts, do not invest if you do not have an emergency fund. Be careful because all kinds of scammers will want to lie to you and take all your money. Start with a small amount, even from $ 100, and see if you can stay in trading longer. Unfortunately, I lost a lot of money because I wanted a quick profit. This happens when you do not have a financial education. Now I'm recovering; I'm trying to build a healthy relationship with money, I want to attract them, so I keep repeating these phrases written on https://radicalfire.com/money-affirmations-wealth-abundance/ "I am an excellent money manager"
Member Since Feb 16, 2022
60 posts
Mar 04, 2022 at 05:53
A 100 dollar investment is enough if you a newbie in Forex trading. But things are different for you if you are an expert and have sufficient amount of cash in hand to run a business. I am saying it because Forex is an uncertain business. Professional traders too should not invest more than 5000 dollars.
Member Since Jan 06, 2022
18 posts
Mar 04, 2022 at 07:18
On a fundamental level, you should not risk more than 1-3 percent of your capital on a single trade. Because the gain is not guaranteed and the loss is unavoidable, the reasoning behind this is to prevent blowing out your account. You can begin trading forex for as little as $100, but your profit will be limited in the beginning.
Member Since Feb 16, 2022
113 posts
Mar 04, 2022 at 09:34
Investment is a big factor in Forex trading business because the profit increases here proportionately. Besides, Forex is such a market where a trader can trade with a very small capital. But, I prefer not to invest more than 5000 USD because Forex is a volatile and risky market.
Mar 05, 2022 at 04:20
Investment amount should be smaller if you are a new trader. But if you are an experienced trader, your investment amount should be large. Because old traders know how to operate trading maintaining risk management and money management policy. If a trader is capable of trading, large investment must provide him with a better outcome.
Member Since May 19, 2020
321 posts
Mar 10, 2022 at 13:58
As soon as you begin to regard trading as a business, all the answers will immediately become obvious.
If you want to open a restaurant, you don't ask on the forum how much money you need. You build a business plan and, based on your desires, see how much money you need to open a coffee shop, and how much money you need to establish a chain of restaurants.
With proper management, both projects will bring money and pay off. The difference is only in the rate of payback and in the amount of capital.
Open a small hobby coffee shop and you will have happiness and some money to live on. Open a chain of restaurants and you will have constant problems and solid capital for business development.
If you want to open a restaurant, you don't ask on the forum how much money you need. You build a business plan and, based on your desires, see how much money you need to open a coffee shop, and how much money you need to establish a chain of restaurants.
With proper management, both projects will bring money and pay off. The difference is only in the rate of payback and in the amount of capital.
Open a small hobby coffee shop and you will have happiness and some money to live on. Open a chain of restaurants and you will have constant problems and solid capital for business development.
@Marcellus8610
Mar 10, 2022 at 23:37
One advantage of forex trading is we can start even use low trading budget like as $100, this may be different compared when we try to create a business coffee shop, the capital needed more expensive than forex, but indeed not all people are suitable with forex trading business, but if already able making forex profit trading consistently, this business make enjoys in life.
Member Since Jun 16, 2011
33 posts
Mar 11, 2022 at 11:49
MarcellusLux posted:
As soon as you begin to regard trading as a business, all the answers will immediately become obvious.
If you want to open a restaurant, you don't ask on the forum how much money you need. You build a business plan and, based on your desires, see how much money you need to open a coffee shop, and how much money you need to establish a chain of restaurants.
With proper management, both projects will bring money and pay off. The difference is only in the rate of payback and in the amount of capital.
Open a small hobby coffee shop and you will have happiness and some money to live on. Open a chain of restaurants and you will have constant problems and solid capital for business development.
YES IT IS RIGHT, BUT YOUR BROKER - TO BIG BIG TOXIC .... change broker and you will have more investments sir :-)
Member Since Jul 20, 2020
385 posts
Mar 13, 2022 at 15:48
skihav posted:
It is important to understand that the minimum investment amount depends on the trader himself. The more experience, the more you can invest.
Its such an old adage but really is what you can afford to lose. Like having pressure of losing too much or over leveraging is a recipe for disaster imo
Mar 13, 2022 at 22:50
I would suggest newbie traders before they spent money in forex trading, need to spend time learning, there are so many ways to learn forex trading, like from courses, or learn free from reading forex resources like as babypips, or through forex community like FXOpen forum, there also available free contest with a real prize for the winner.
Member Since Aug 10, 2021
172 posts
Mar 14, 2022 at 02:22
There is no easy route in forex to bring in cash in a brief time frame/fast way. It requests persistent endeavors including finding out about forex, having a greater capital, mimizing the voracity factors and so on A decent blend of everything component can bring a positive outcome. Procuring isn't according to venture, its about our experience that we make a ton with a little sum and may free a solid capital because of absence of information.
Member Since Oct 29, 2020
20 posts
Mar 17, 2022 at 08:11
I believe a trader should only invest only the amount he can afford to lose.
Member Since Aug 04, 2014
52 posts
Mar 18, 2022 at 12:23
As much as you can manage it, your experience, your trading knowledge, your system profitability, having a proper risk management or not....
