Small Investment...

bigdolly

Sergeant Major
Messages
921
Doing how much investment is the big question now a days. Small investments are very beneficial for the beginners because they don't have the experience about how to trade. There are maximum chances to lose. If you do small investments than you might be able to recover your loss.
Size of investments should reflect proportional risk burden, what is often missed in the calculations by newbies. Their primary indicator is expected yield and its really bad because it's a too biased approach
 

EURUSD

Sergeant Major
Messages
1,133
If trading with small investment, hence also need to adjust with lot size that is used, if use too higher lot size it will quickly to making narrowed of power margin and will facing margin call faster, trading with small investment is always in hurry usually will often get failure, and hard to increasing money start from small capital
 

Forexrider

Private
Messages
27
Well starting with a demo account is what the most expert traders always advise for the new traders and its worth to listen to their advise. Because by this way we get to feel the forex market and know its ups and downs. And later starting with the money which we can afford to lose is good.
 

EURUSD

Sergeant Major
Messages
1,133
Well starting with a demo account is what the most expert traders always advise for the new traders and its worth to listen to their advice. Because in this way we get to feel the forex market and know its ups and downs. And later starting with the money which we can afford to lose is good.
Truly for the beginner, if they must start trading with the demo account, this is as the first step for practice how to trade in real market condition with virtual money, if then already confidence to start with real account, they can be choosing micro account type cent account, with these account type we can start with small investment
 

mrnoob

Private
Messages
22
So let's assume as a new trader, i have tried demo account and get the hang of it. Then? what are the advice in my very "first" real deal? How much should i actually try? I do have set a budget in mind of an $10,000 and been eyeing on CAD recently. Alot of insights been saying that USD will be facing major decline. Let me knw how should i start :rolleyes:
 

bigdolly

Sergeant Major
Messages
921
So let's assume as a new trader, i have tried demo account and get the hang of it. Then? what are the advice in my very "first" real deal? How much should i actually try? I do have set a budget in mind of an $10,000 and been eyeing on CAD recently. Alot of insights been saying that USD will be facing major decline. Let me knw how should i start :rolleyes:
Are you going to deposit 10K on live account. It should be pretty enough to start making first trades, but keep in mind that in no circumstances you can risk more than 1% of your deposit in trading. Take it as a paramount rule, guiding principle in trading. Why is that you will ask later. Our emotions is a great enemy for us and it's easy to lose it from sight how you turn your trading into casino play.
 

Ross Bourque

Banned multi and spammer for ForexChief
Messages
37
Forex is one of the largest financial markets around the world. When we are thinking about forex as earning source, sometimes it may haunt in the mind that as forex is a world market place and one of the largest trading platforms it will require large amount of money to start career here. But it is one of the common misunderstandings about the forex market. A foreign currency exchange trader won’t require large investment actually to start trading.

Rather micro trading accounts being offered by many forex brokers where the traders are enjoying the opportunities to trade with smaller amount when compared to the traditional standard trading account. Again, when you are thinking about binary option trading, I feel that binary trading is riskier and I favor forex thereby.
 

EURUSD

Sergeant Major
Messages
1,133
Currently to start trading forex is easy, no matter how much capital to start an initial deposit, although we only have 100$ already can start trading in forex market, so many brokers already offered low minimum deposit from 1$, different with stock trading which needs a huge capital to start, in forex business we can choose micro account and make small deposit, for learning process start with small deposit is safier than start using huge capital, especially for newbie that still lack experience and knowledge
 

Etedus12

Sergeant
Messages
163
Very smart decision to start with $200 indeed. Even if you had thousands in your disposal that would not be very wise to start big investments right away and wipe them up in a few weeks. But a few hundreds will give you an ability to test the water.
 
Top