Starting out with $200 and waht next...

[gognen]

If you do find yourself successfully making profits, don't sit back and leave all the money in the account. Imagine starting with $200, spending a year making some healthy profits, and having all your trades cancelled when you try to make a withdrawal.

Set up a regular system for withdrawing at least some of your profits.

Very good advice! Thanks

 

[RahmanSL]

On my virgin days in forex, I read somewhere about a Chinese school teacher who managed to turn his USD300 starting capital into over usd250k in just over one month of trading. When he requested for a withdrawal, the broker actually sent a representative to personally hand him the cheque.....so, it's possible to make large profits from a small trading account.

 

[dkami]

hahaha sure kid.
Do sugest a modern mentor though.you never know,even poop has oxygen.
lets hear it

Kid who the F**k are you calling a kid?

You Greek really should learn your manners!

 

[dkami]

Well, I have read this many times as I said, but I need details how do you explain that $200 is not enough. It is nothing that matters to force me to a decision if it is good or bad to make the start. I already made the decision. It is only for discussion purposes or I will have to find it myself. I mean no offense to you.

I have a daytime job (writing from there), no problem, even I have savings which I am eager to invest them in this business because I find it very interesting, but in my country, average savings are very low in comparison that can be in European countries, US, Australia, New Zealand and few other that I didn't mention them. So yes, I can afford to lose $200.

It's entirely up to you how much you wish to start with I just gave you my opinion but I guess you are used of working for cent's!

Be sure to keep us updated in turning your $200 into $50000k!

 

[dkami]

On my virgin days in forex, I read somewhere about a Chinese school teacher who managed to turn his USD300 starting capital into over usd250k in just over one month of trading. When he requested for a withdrawal, the broker actually sent a representative to personally hand him the cheque.....so, it's possible to make large profits from a small trading account.

Some people I guess would be so gullible and believe this, $300 to $250k in a month

 

[RahmanSL]

...hmmm...well, guess I must be one of the "gullible ones"

How's your trading performances?....mine still stink...made a bunch of money, but lose it all the very next day....greed gets me ALL the time

 

[dkami]

...hmmm...well, guess I must be one of the "gullible ones"

How's your trading performances?....mine still stink...made a bunch of money, but lose it all the very next day....greed gets me ALL the time

Yea I'm not complaining still make consistent % every month on my investments using little to no leverage but nothing like this "school teacher" making +80000% in a month

 

[RahmanSL]

Really! Good for you!.....somehow, I will have to "grow up" and make great efforts & pains to become a consistent trader like you

Each time I wipe out an account, I promised that would be the last one....BUT I repeated the same stupid and idiotic mistakes over and over...and then some..on the next account
I think I should stick to smaller accounts...usd500-3k...cause I seem to do well with such account and last longer too. And, OF COURSE, I will have to make it a habit to make periodic withdrawals of profits before I blow them all away along with the entire account....which I have been doing all these past four (?) years of trading the forex.

 

[dkami]

Really! Good for you!.....somehow, I will have to "grow up" and make great efforts & pains to become a consistent trader like you

Each time I wipe out an account, I promised that would be the last one....BUT I repeated the same stupid and idiotic mistakes over and over...and then some..on the next account
I think I should stick to smaller accounts...usd500-3k...cause I seem to do well with such account and last longer too. And, OF COURSE, I will have to make it a habit to make periodic withdrawals of profits before I blow them all away along with the entire account....which I have been doing all these past four (?) years of trading the forex.

From what I read in the thread you had a while back I think you are on the right track but perhaps use to much leverage and over trade

Learn from your mistakes and I'm sure your will reach your goal

I only make a small % (5% is a good month for me) on my accounts every month so it's not that hard for me to be consistent LOL

 

[RahmanSL]

...hmmm...yah, I tend to do extremely well over the very short term doubling/trebling/and more of my account ...but wipe it out the very next day.
High leverage is not so much of a problem as with over-trading which kills my account every fu*king time....and I just never seem to learn from the many3333 mistakes....

Oh well, like I said, I think I should stick to smaller account(s) and to practice periodic withdrawals of profits before I pissed them all away with over trading yet again.

Good uck with your trades and keep up your consistent trading which is definitely working