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How much should you invest in trading

AliaDare
Oct 04 at 13:05
690 príspevkov
Cordardred posted:
I believe that it is better to start with $5000-$10,000 in order to understand the principles of trading, risk and money management and psychology. Surely, it depends whether you can afford such sum of money without going in debt, but if you can and if you want to devote your life to trading, you'd better start with such sum of money.

Well, managing risk requires good investment. Which will help me make a profit on my account.

CraigMcG2020
Oct 05 at 07:09
164 príspevkov
AliaDare posted:
Cordardred posted:
I believe that it is better to start with $5000-$10,000 in order to understand the principles of trading, risk and money management and psychology. Surely, it depends whether you can afford such sum of money without going in debt, but if you can and if you want to devote your life to trading, you'd better start with such sum of money.

Well, managing risk requires good investment. Which will help me make a profit on my account.


Completely agree, like if you risk 1% of your account and you have 1000 in your account you would need to lose a lot of trades without winning one. It is key to let variance have some room and then you can focus completely on nailing down your entries and all the other important things. It is so key to make sure you're comfortable in a trade that when it goes into DD you are not getting nervous at the red number. It is a skill to learn but can definitely be learned

TroyTheTrader
Oct 05 at 08:12
12 príspevkov
The higher the amount, greater is the profit. But for beginners, a minimum of $100 is enough.

AliaDare
Oct 05 at 14:08
690 príspevkov
CraigMcG2020 posted:
AliaDare posted:
Cordardred posted:
I believe that it is better to start with $5000-$10,000 in order to understand the principles of trading, risk and money management and psychology. Surely, it depends whether you can afford such sum of money without going in debt, but if you can and if you want to devote your life to trading, you'd better start with such sum of money.

Well, managing risk requires good investment. Which will help me make a profit on my account.


Completely agree, like if you risk 1% of your account and you have 1000 in your account you would need to lose a lot of trades without winning one. It is key to let variance have some room and then you can focus completely on nailing down your entries and all the other important things. It is so key to make sure you're comfortable in a trade that when it goes into DD you are not getting nervous at the red number. It is a skill to learn but can definitely be learned

The better my investment, the better my risk management.

Seb King (sebking1986)
Oct 05 at 14:17
152 príspevkov
What you can afford to lose is my opinion. I think this will help deal with the loss aspect of trading.

If you can't spot the liquidity then you are the liquidity.
UweMoench
Oct 05 at 15:18
643 príspevkov
In the beginning don't invest too much money. Few 100 bucks is enough. Even lower than that. Once you start making money on consistent basis you can invest big amount.

AliForexTalks
Oct 09 at 19:08
81 príspevkov
Most financial planners advise saving between 10% and 15% of your annual income. A savings goal of $500 amount a month amounts to 12% of your income, which is considered an appropriate amount for your income level.

Malajind
Oct 12 at 07:16
75 príspevkov
The investment must be reasonable, and you must understand that the amount you are investing is likely to be lost.

Seb King (sebking1986)
Oct 12 at 08:04
152 príspevkov
Another point would be that it must be an amount that allows for sensible risk management. If your account is too small to allow you take a 1% risk then wait until you have more disposable income to start with.

If you can't spot the liquidity then you are the liquidity.
Unellene
Oct 12 at 12:56
283 príspevkov
when I just started working, I made the minimum, when I got to know the broker better, I gradually increase my capital, everything is going well

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