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Forex Amount
forex_trader_795593
Anggota Sejak Oct 09, 2019
32 pos
Jan 20, 2020 at 05:35
Anggota Sejak Oct 09, 2019
32 pos
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.
Jan 20, 2020 at 12:03
Anggota Sejak Oct 19, 2019
21 pos
fancydandy posted: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.
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.
Jan 24, 2020 at 07:50
Anggota Sejak Oct 19, 2019
21 pos
Betty_60 posted:True, going slow and consistent will only make one win
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.
Jan 30, 2020 at 10:36
Anggota Sejak Nov 08, 2019
26 pos
fancydandy posted:That sounds really reasonable. I have to agree with you on this!
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.
Jan 30, 2020 at 13:06
Anggota Sejak Feb 22, 2011
4862 pos
Roberto21 posted:A lot of traders starts with like $1,000
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.
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
Feb 09, 2020 at 22:07
Anggota Sejak Oct 20, 2018
300 pos
Roberto21 posted:Everything between $500 and $1000 is fine.
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.
momchil_slavov@
Feb 16, 2020 at 10:00
Anggota Sejak Aug 16, 2019
25 pos
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.
Feb 18, 2020 at 19:58
Anggota Sejak Sep 22, 2019
24 pos
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
Feb 26, 2020 at 06:37
Anggota Sejak Jan 05, 2020
35 pos
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.
Anggota Sejak Feb 12, 2020
14 pos
Feb 26, 2020 at 11:58
Anggota Sejak Feb 12, 2020
14 pos
fancydandy posted:I think so too
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.
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