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In my view you should not deposit your money at this time. Because in the start of real trading if usual to lose. Wait for a month or more and make a good bonus from the forum and trade with bonus money. This will be help for you and you will not lose your hardly earned money.
Yes it's true that every beginner should drop small amount at first. Because the maximum loss for a beginner to trade in their money to drill gonna give bad feeling about the area and if someone starts with a small amount, it should treat small batches. Gives his own way. Because his account is small and can can not recover its loss. so think before reacting and not regret later
the original case was required to repository a real low that we bang the have and not a amount. Because most of the newbies are making losses they see themselves to be unsuccessful. In improver, you can also regain a broker who gives liberate metropolis for trading.
heemmm, I feel it's very large amount for a beginner in the forex market. and I see there is rarely a beginner trader is willing to invest the money for it, they will think twice about it .....Quote:
Originally Posted by playfx
I think the amount is too large. for beginner, $ 1000 is a large amount. you also have to think about the risk that you will encounter. Do not just think about profit only. for beginners, $ 100 or $ 200 is enough.Quote:
Originally Posted by playfx
Well if you are able to make consistent profits in demo account then you can open a cent account with 5 $ - 10 $ and start to trade in small lot sizes and try to make some consistent profits and slowly grow your account and gain some experience of these markets .
Can anyone say about cent account. I dont understand about this. I think at least for 1 year one should not deposit his own money. Try with demo account or bonus or forum bonus to trade. Because for forex trading we should practice at least 1 year I think.
Low capital is a hurdle for trader who is experienced and is a expert trader and is unable to perform good trades due to lack of funds or low capital . apart from that for newbies it is good to trade with low capital and small lot size.
Lower your leverage and trade. Dont withdraw the profit. Accumulate it and increase your deposit. Take risks occationally so that you could build your deposit faster.Quote:
Originally Posted by atif58
I dont think that is a good decision to deposit such an small amount in forex. Because it is very difficult to make profits from that deposit. You better practice demo account more and you get posting bonus from this forum also by which you can also trade forex.