Whats a good amount to start with?

hafizmohd81

Private
Messages
11
In the starting of our trading career we will need to use smaller trading capital. This is because it may happen that we may get a loss in our trading account at any time. And to avoid such big time losses we need to use smaller trading funds :D
It's exactly what I was talking about. That's why I mentioned cent accounts. They don't need much fund to be deposited there
 

Winjak

Banned multi and spammer for JustForex
Messages
20
It's exactly what I was talking about. That's why I mentioned cent accounts. They don't need much fund to be deposited there
I haven't any idea of cent accounts when I started, so demo was my best friend. anyway, I think it's a great opportunity to test both a trading strategy and a broker without large investments
 

hitfx

Corporal
Messages
164
After completing the demo trading with full sincerity we should start the real trading with at least amount 200-300 USD, you are thinking quite right and you should start this business with 300$ as it is sufficient amount and you can survive efficiently with this amount.
 

Kokomaster

Private, 1st Class
Messages
96
To be honest a good amount is something starting from 500-1000$ and anything above. But make sure your confident enough with your risk management and have done demo trading for atleast 1-2 years to start earning profit.
 

kingsman

Corporal
Messages
192
Low investment is the major reason of failure, so we should start this business with strong and reasonable amount and should start with at least amount 400-500USD as we can survive better and can earn reasonable amount with this investment.
 

xerof

Private
Messages
22
Low investment is the major reason of failure, so we should start this business with strong and reasonable amount and should start with at least amount 400-500USD as we can survive better and can earn reasonable amount with this investment.
I totally agree with you, and think that another important thing is to use forex rebate to lower trading cost.
 

Jeff Martinez

Recruit
Messages
100
You need to make some decisions before opening a live account, and do a bit of soul searching. How much money do you have to put into a currency trading account? Realistically, it should be at least $300.00 minimum to trade a micro-account with lots of 1,000. But the amount is your decision. Like I opened an account with just $10 using TenkoFX broker. I like my broker facilities and services.
 

nahiyar

Private, 1st Class
Messages
799
I do work another broker, almost all gave you an opportunity to invest lowest amount. as $1 to $5 in accounts. For making reasonable profits we really need in thousands of capital so that we remain free to take some good risk .But it will be dangerous if you had not this amount . Put just some percentage of your saving in trading.
 

ForexVerified

Private, 1st Class
Messages
582
I do work another broker, almost all gave you an opportunity to invest lowest amount. as $1 to $5 in accounts. For making reasonable profits we really need in thousands of capital so that we remain free to take some good risk .But it will be dangerous if you had not this amount . Put just some percentage of your saving in trading.
I wonder how much money you can make with 5$ account?
 

kingsman

Corporal
Messages
192
Don’t work few months on demo account, just work only 2-3 weeks on demo account then start this business with at least amount $500 in order to entertain this business, with this amount you can earn reasonable profit.
 
Top