Printable View
the best for the newbie is to trade with cent account.since they may loose it then at least it must be small amount so that they can still have reserved money to trade next time.l did the big mistake from starting and l have lost very huge amounts.it is really gambling to invest big amount if you are still not professional.
you are right, gold trading has a higher level of risk compared with the currency. is really the price of gold tends to rise, but one day there will be a substantial correction. so, if your capital is not big, very easy to have a margin call.Quote:
Originally Posted by sayed halhoul
my advice never start your trade if you don't have $1000 for micro account, $10000 for mini account and $100000 for standard account. i know it seem too much but actually its the least amount that you must follow in order to get an ideal condition. many traders seem forget that adequacy in capital is an important matter in trading forex.
as long as the investment is the amount you can afford to loose than it's okay to start it. beside, without ever start it how can we know that our skills is increasing, we need real field to test it and starting to put real investment is a real action.
I am agree with you. It's important to use amount which we can afford to lose in forex because if you're not readyQuote:
Originally Posted by aryan
to face the amount of losses so it will impact to your psychology control in forex. So any amount could be used as capital
in forex but I think it will be better if the investment is not less than 50 dollars but not more than 200 dollars.
i think 100$ will be the best option to start trading if u know little about the trading also to start making low profits at the beginning since Forex market is very risky. don't put 10$ otherwise it will flash in couple of moments or in days . if u want to learn than open a demo account and start practicing there until u know how to trade
Deposit at the beginning of a small amount and this amount does not need him and I will be on the faith that this account is possible to lose a deposit of $ 100 just this reason can be collected a large amount so you can manage money does not lose much in the same time
Beginners should not think more and more to win the first time and they should try demo account and they should not think to open the standard account, rather they should try to use the demo account after they harvest a large experiance and after he can profit.
I think beginner traders shouldn't invest too much in the first time of their trading because they still didn't know the performance
when use real account although they could make good profits consistently in demo account. Real account will be different with
demo account so it's better to use small amount of funds to know your performance and emotion control while you're trading
with real account. $100 is enough as starting investment.
I invest only $ 10 only at the beginning of my learning trading. since the beginning of trading we do not know much about forex trading strategies have not yet, not yet know the exact time of trading. invest first in the great possibility we will have a margin call