What would encourage you to make a deposit?

Nov 26, 2012 at 09:34
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10 Replies
Member Since Jul 03, 2012   186 posts
Nov 26, 2012 at 09:34
I was wondering what encourages you guys to make a new deposit with your broker? Is it after you lost some of your capital? Do you want to boost your capital to increase your profits? What causes you to make a deposit after your initial deposit? Do you take advantage of special deposit bonuses?

I usually make my initial deposit and trade my way up without making a new deposit and I was wondering what you guys do and how you approach it. Thanks for your responses.
Pax puts the X in Forex.
Member Since Oct 15, 2012   29 posts
Nov 27, 2012 at 08:34
Interesting question. Come to think of it, I've never made a second deposit myself. The guys I know seem to make a second deposit if the capital is lost or if there is a 'margin call'.

I guess, most guys go to a broker with a positive mindset.
The Fine Art of Investment
Member Since Nov 09, 2012   76 posts
Nov 28, 2012 at 09:59
What do you mean you have never made a second deposit myself? Haven't you ever blow up your money?
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jun 21, 2012   18 posts
Dec 02, 2012 at 07:38
Its just when you have a lot of money free.
The only way to get smarter is by playing a smarter opponent
Member Since Jul 03, 2012   186 posts
Dec 03, 2012 at 11:23
brokersstaragent posted:
Interesting question. Come to think of it, I've never made a second deposit myself. The guys I know seem to make a second deposit if the capital is lost or if there is a 'margin call'.

I guess, most guys go to a broker with a positive mindset.

Yes, I know what you mean. I prefer to trade my way up from my initial deposit.
Pax puts the X in Forex.
Member Since Jul 03, 2012   186 posts
Dec 03, 2012 at 11:24
RollingStones74 posted:
What do you mean you have never made a second deposit myself? Haven't you ever blow up your money?

Blowing up your money should not happen if you know remotely what you are doing. Sure, you will have trading losses, but even they are rare to me now. I may get stuck with a trade a bit longer or have to hedge my way out of it but other than that I am doing good.
Pax puts the X in Forex.
Member Since Nov 01, 2012   8 posts
Dec 10, 2012 at 11:46
Interesting question. Come to think of it, I've never made a second deposit myself. The guys I know seem to make a second deposit if the capital is lost or if there is a 'margin call'.
I guess, most guys go to a broker with a positive mindset.
Member Since Nov 09, 2012   76 posts
Dec 12, 2012 at 09:48
TheLastBear posted:
Blowing up your money should not happen if you know remotely what you are doing. Sure, you will have trading losses, but even they are rare to me now. I may get stuck with a trade a bit longer or have to hedge my way out of it but other than that I am doing good.

I surely know that but all the newbies have made it at least once. I mean blowing the money. Because no one has so much experience and knowledge to make things well from the first attempt.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012   186 posts
Dec 19, 2012 at 15:16
RollingStones74 posted:
TheLastBear posted:
Blowing up your money should not happen if you know remotely what you are doing. Sure, you will have trading losses, but even they are rare to me now. I may get stuck with a trade a bit longer or have to hedge my way out of it but other than that I am doing good.

I surely know that but all the newbies have made it at least once. I mean blowing the money. Because no one has so much experience and knowledge to make things well from the first attempt.

So that would cause you to deposit again. Would you have other reasons?
Pax puts the X in Forex.
Member Since Nov 09, 2012   76 posts
Dec 20, 2012 at 08:14
@TheLastBear That the first what comes about...
I mean if I had a profitable trading strategy, I would surely make a new deposit to get higher profit. If this reason counts of course)
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Jul 03, 2012   186 posts
Dec 20, 2012 at 14:08
RollingStones74 posted:
@TheLastBear That the first what comes about...
I mean if I had a profitable trading strategy, I would surely make a new deposit to get higher profit. If this reason counts of course)

A profitable strategy is required no matter what your plans are, having said that if you had a profitable strategy you could trade your account higher. I sometimes do make a deposit if my broker makes me a special offer.
Pax puts the X in Forex.
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