you should invest how much you can afford to loose. if you can loose millions then invest million and if you are not willing to loose anything just keep quite and don't invest.
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you should invest how much you can afford to loose. if you can loose millions then invest million and if you are not willing to loose anything just keep quite and don't invest.
before we invest it would be better that we know about the business we will invest. so we can be wise in making decisions. such as the forex business, if we do not know about forex and immediately started this business, then you will feel confused in making decisions.
You say you repeat the same error every time, which means you got to know the error is located him in every time and we have to put before you, when you open each deal and say to yourself I will not repeat this and think about it until the end of closing the deal and you'll find yourself not located in this error again
Really i agree with you. a beginner should start her trading with just $10. If he is successful by this $10, more money invest not need for him. If you successful with $10. sample if you make $50 with this $10. you can make $500 by this $50. and after you can make $5000 by this $500. All are possible for a sensory trader.
When you study every one of the persona on the market place. You can find that each this twos contain the possible to generate a profit. While this tryout bank account you have to have located a number of alternative twos which fit your investing technique.
For beginner trader i think you should invest less for the first time to know the real market. You will loss all of your money if you didn't learn on the demo account. So invest less and know your weakness and recover that weakness by learning the forex in a demo account.
Well beginners are expected to trade immaturely and so may lose their capital often - in order to minimise the losses they should go with as much lessor capital as possible this will keep helping them to improve their experience
you are right, prepare everything with good before get into the real trading and i guess this is a must then they can reduce the risk and avoid from bad condition, waste the money and also the tme too,
and for it, they need to continue learning and practicing at real account with using small invest, and this is good for to do then they will feel comfortable, and they know for the risk that they will accept
Well, i will not let the beginners be scared but the thing is that iuf you don`t manage your account very well and adopt a nice simple strategies in your trading, you will fail.