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Forex Amount
forex_trader_795593
Členem od Oct 09, 2019
32 příspěvků
Jan 20, 2020 at 05:35
For the beginner, it would be probably be the best for them to start with demo account and get dabbled with various variables and understanding those variables.
Once they get comfortable with making profits, they can start with real account. For that, it would be best for them to try Micro account - basically you can deposit minimum deposit - say $50, even $5 is fine (based on broker's conditions) and start facing the reality.
Once they get comfortable with making profits, they can start with real account. For that, it would be best for them to try Micro account - basically you can deposit minimum deposit - say $50, even $5 is fine (based on broker's conditions) and start facing the reality.
Členem od Oct 19, 2019
21 příspěvků
Jan 20, 2020 at 12:03
fancydandy posted:
For the beginner, it would be probably be the best for them to start with demo account and get dabbled with various variables and understanding those variables.
Once they get comfortable with making profits, they can start with real account. For that, it would be best for them to try Micro account - basically you can deposit minimum deposit - say $50, even $5 is fine (based on broker's conditions) and start facing the reality.
I agree with you. Even I think that the first step after one’s done with the learning part, should be using a demo account. That makes one aware of the practicality of this field, which is a great help when one starts with a real account to trade.
Členem od Jun 24, 2019
11 příspěvků
Jan 20, 2020 at 14:32
First step has to be demo. Forex is so complex that it needs a lot of practice. Even learning how to use the Meta trader platform is hard enough
Členem od Oct 19, 2019
21 příspěvků
Jan 24, 2020 at 07:50
Betty_60 posted:
I agree, practice and learning are quite important. As far as the trading amount is concerned, I think every beginner should start with a low capital and then gradually give it a rise. Starting with a rush is of no use.
True, going slow and consistent will only make one win
Členem od Dec 28, 2019
23 příspěvků
Jan 24, 2020 at 21:01
Minimum amount as some people already said it's some minimum deposit on so many levels out there that I really can't go on with that matter anyway. How else we can go for that matter anyway? Can we check it out? Be sure to make it.
Členem od Nov 08, 2019
23 příspěvků
Jan 30, 2020 at 10:36
fancydandy posted:
For the beginner, it would be probably be the best for them to start with demo account and get dabbled with various variables and understanding those variables.
Once they get comfortable with making profits, they can start with real account. For that, it would be best for them to try Micro account - basically you can deposit minimum deposit - say $50, even $5 is fine (based on broker's conditions) and start facing the reality.
That sounds really reasonable. I have to agree with you on this!
Členem od Feb 22, 2011
4573 příspěvků
Jan 30, 2020 at 13:06
Roberto21 posted:
which amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.
A lot of traders starts with like $1,000
with expectations to make enough for living
obviously it leads to over trading
which leads to loss
which leads either to new deposit of 1,000 and loss
or leaving forex completely
It is possible to trade with 1,000 or even $100 but you can't expect to make enough for living
Členem od Dec 15, 2019
20 příspěvků
Feb 07, 2020 at 14:38
I assume we can make something like your few thousands deposit with that matter. I do hope you already set it out to make it cause it clearly doesn't possible to make it bigger no matter how bad do you want it. Say big thanks for that.
Členem od Oct 20, 2018
283 příspěvků
Feb 09, 2020 at 22:07
Roberto21 posted:
which amount is more appropriate for new Forex trader , it depends on how much basic knowledge he acquired including practicing, if any newcomer go thorough all basic level of trading with live experience for 6 month , i think he has the capability to reduce unfortunate losses and risk.
Everything between $500 and $1000 is fine.
momchil_slavov@
Členem od Oct 21, 2019
23 příspěvků
Feb 12, 2020 at 18:30
That could be a hundred dollars - if you know how to work - the amount is not so important. It's only important if you're counting on a specific financial result.
Členem od Sep 26, 2019
21 příspěvků
Feb 13, 2020 at 18:19
It's as simple as that:
- assess your capabilities
- decided on the final result (monthly income).
- go ahead!!!
- assess your capabilities
- decided on the final result (monthly income).
- go ahead!!!
Členem od Aug 16, 2019
25 příspěvků
Feb 16, 2020 at 10:00
It seems to me that with an account less than 1000 you have nothing to do here at all, because you will be constantly worried about a small free margin left or you will be limited to a small number of deals - it is not interesting at all plus it does not bring much money.
forex_trader_745947
Členem od Jul 08, 2019
54 příspěvků
Feb 16, 2020 at 17:21
If a trader trades on real account over 1 year the trader will understand himself how much deposit is suitable for him.
Členem od May 16, 2019
28 příspěvků
Feb 17, 2020 at 17:18
It all depends on how much you want to earn plus it's worth calculating how much in percentages you manage to earn in a month - based on that you'll understand the sum total.
Členem od Sep 22, 2019
23 příspěvků
Feb 18, 2020 at 19:58
it all depends on your abilities, of course, but I tried for a long time with small amounts of money and it did not work once I increased the capital to several thousand - the dynamics went immediately and was able to maintain stable statistics
Členem od May 27, 2019
11 příspěvků
Feb 19, 2020 at 09:45
As much as you think you can risk. Always separate the amount from what is required for your livelihood.
Členem od Oct 19, 2019
35 příspěvků
Feb 20, 2020 at 08:16
Better to decide that yourself depending on your risk tolerance levels. An amount may be big for one trader and small for another, so you should yourself decide.
Členem od Oct 02, 2019
21 příspěvků
Feb 25, 2020 at 19:44
Try with a couple of thousand so you can insure yourself in case of anything, and you can make transactions with a minimum amount to get at least a little experience.
Členem od Jan 05, 2020
34 příspěvků
Feb 26, 2020 at 06:37
Different investment strategies require different initial investment levels.
A low risk trend trader might be able to trade with $100.00 using 0.01 lot sizes, even less if it's a cent account.
A high risk coin toss trader who is always in and is using a Martingale gambling strategy to increase the lot size on each new trade, will absolutely need a considerably larger initial investment,
Never trade with money you cannot afford to lose. If losing $1000.00 will cause ANY negative consequences in your life, then perhaps it is unwise to invest $1000.00.
What investment level worked best on your demo account?
Only you can determine what will work best for your trading with a Live account.
A low risk trend trader might be able to trade with $100.00 using 0.01 lot sizes, even less if it's a cent account.
A high risk coin toss trader who is always in and is using a Martingale gambling strategy to increase the lot size on each new trade, will absolutely need a considerably larger initial investment,
Never trade with money you cannot afford to lose. If losing $1000.00 will cause ANY negative consequences in your life, then perhaps it is unwise to invest $1000.00.
What investment level worked best on your demo account?
Only you can determine what will work best for your trading with a Live account.
If you want to be profitable, make profitable trades.
Členem od Feb 12, 2020
14 příspěvků
Feb 26, 2020 at 11:58
fancydandy posted:
For the beginner, it would be probably be the best for them to start with demo account and get dabbled with various variables and understanding those variables.
Once they get comfortable with making profits, they can start with real account. For that, it would be best for them to try Micro account - basically you can deposit minimum deposit - say $50, even $5 is fine (based on broker's conditions) and start facing the reality.
I think so too
