theforexarmy111
Corporal
- Messages
- 101
i think you can base it on the percentage of the money you put up.
This is my point of view. Invest what you can afford to lose as particularly to start with, you most likely will do. Also as mentioned it depends on what type of trading you do and what your aspirations are from it. Also, which country you are from. I hear some stories of people in the US struggling to get by on a $100k job and I'm a little blown away by that. That's about £75k in the UK and that's a great standard of living. But it's relative. We don't pay for healthcare or have to worry about health insurance etc. It's very hard to put an arbitrary number on what the right minimum deposit should be.Minimum investments are an elastic term. For everyone it's a different limit. For example, I started from 50 bucks. Yes, it was almost nothing, but as I wasn't sure that it would bring me any profit and I had no experience, I decided that sum was the best.