Private, 1st Class
Totally agree. Having realistic expectations before coming to trading is vital. I also met many people who had the idea that they will get rich the following day after their first day trading. Surely, they blew their budget and then said that forex is a scam. That is why, forex market has dubious reputation. I also agree with the fact that you'd better have not less than $10,000 in order to start trading. You'll have decent motivation and you'll not have to risk a lot in every trade, so you don't have the risks of losing the money at once.