Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Beginners Capital
Previous 1 2 3 4 Next
richard2

Member Since Oct 19, 2019  14 posts richard2 Dec 05 2019 at 10:28

Exactly. How much amount you want to start with is totally up to you as it depends more on your financial position.Plus whatever you feel is reasonable would be a good idea as long as its not too risky. Apart from deciding on the amount, you must have a risk management strategy in mind to avoid losses.

Androgelv

Member Since Nov 08, 2019  4 posts Androgelv Dec 07 2019 at 16:07
I think that even a few hundred or a thousand dollars can be a normal start for a novice trader. There is still a lot to be done here, depending on how much you want to earn through trading, whether you want to make it your main source of income or an extra income and you want to spend only some time with. Even with the same capital, but with different levels of employment, you can make different profits. In addition, we all listened to stories about how someone managed to open a large-scale business, when he had several thousand. And someone had millions, but could not hold them in their hands. I'm convinced that much depends on you.

Imamul

Member Since Aug 09, 2017  436 posts Imamul Dec 08 2019 at 13:49
The beginner should use demo account minimum for three months, sometimes many brokers organize demo contest with real money prizing. Newcomers can join here. It could be great to acquire real trading exeprince.

TheGreatRecycler

Member Since Sep 25, 2019  7 posts TheGreatRecycler Dec 09 2019 at 15:15
Which broker offer real prize money for demo trading? I have not seen that. Would love to give it a go

Saithidor

Member Since Sep 20, 2019  4 posts Saithidor Dec 09 2019 at 20:14
I don't know if there's any minimum limit to start trading. Another thing is that the amount should be properly divided into parts, with the help of which you can secure yourself or can use several assets at once. Each of us knows that even a million may not be saved if you do not know the basic rules and laws of the market. So, in any case, I would recommend that you first learn how to do it, and then make a decision about the initial capital.

Roberto21

Member Since May 02, 2019  185 posts Roberto21 Dec 12 2019 at 06:42
beginners try to bring profit very rapidly without learning ,
as a result when trading practically
they become loser and ultimately blame this stock market.

semprolfx

Member Since Aug 04, 2011  4 posts semprolfx Dec 25 2019 at 07:52
bigger contain confidence to set risk valuation portfolio and so, you can stay away far from, zero capital even if you are hunger to chase big profit, by raise the lot per trade. while small, make the progress turn to small only. you has no much flexibility to manage valuation especially into big.

ProfitableRisks

Member Since Dec 18, 2019  38 posts ProfitableRisks (ProfitableRisks) Dec 25 2019 at 20:26
TheGreatRecycler posted:
Which broker offer real prize money for demo trading? I have not seen that. Would love to give it a go

I think that was done in contest

Trender
Johny_tr

Member Since Oct 19, 2019  19 posts Johny_tr Dec 27 2019 at 09:59
For me every entrant into market should start with a demo account, that alone will help you understand how much you are willing to risk.

AniLorak

Member Since Apr 18, 2017  847 posts AniLorak Dec 30 2019 at 14:16
Johny_tr posted:
For me every entrant into market should start with a demo account, that alone will help you understand how much you are willing to risk.


That’s the proper way of start with; but traders need to open their demo with a small amount! Because, it helps to concentrate on learning!

Previous 1 2 3 4 Next
Loading
Loading
EURUSD 1.10261 GBPUSD 1.30719
USDJPY 109.285 USDCAD 1.31473

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2020 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.