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Starting investment is depends on trader interest because do not have any rules for starting investment. But need some amount for proper trading and i hope good for start trading with 50-100$ is best. So try to learn more and then try trading with your earning.
you should be able to comprehend the currency dealing well with learning.if you already comprehend the reasons for dealing, then you could only think to get.Should we be beginning with a relatively little investment first ..
a beginner with less expereince and knowledge could not able to manage more capital...a trader should invest those only .he can afford to lose..as beginner he need to invest less with view to learning ..beginner trader should practice in demo more ..and for realtime market experience he should invest into cent account..
when you are new to the forex trading then it is better to open the micro account in which you can deposit small amount and trade on it without taking much more risk. and if you lose then you will not lose much more amount. so try to trade on the small amount first.
As a beginner in Forex ( I have started trading only few month ago) i want to say that you should learn market before you start trading a really big amounts of money.
I usually trade EUR/USD, sometimes GBP/USD. I started with deposit 100$, i had some losts and some profits. I think that deposit with 100$ is ok for newbies but you should trading with a 0.01 lot size.
Selecting currency pairs, is the right of each trading. When you have been practicing on a demo account, you must have known some suitable pairs for you. When you start investing, you should have had the preparation, especially preparation skills.Quote:
Originally Posted by forexpips
I think that for the beginner is actually investing in the foreign exchange business is not thought about appropriate because it takes plenty of experience & know only well the time for a nice foreign exchange to understand only well, so for beginners still takes about to years to make foreign exchange as a nice investments..
for newbie investment could 100$, as a result of 75% new trader could loss. by loss or by profit once expertise, they will invest as their ability. then they actually trade eur/usd, thanks to several data are obtainable concerning that currenciy. or eur/jpy...
Different broker house investing system is different.If you want long term trade,i think insta is the best broker house.Otherwise,if you want scalping,i thinh hot forex broker house is better.
i think that is what is supposed to happen always if you are a beginner then you are surpposed to make money and invest it in a clean piece of market for more money.