Starting Investment For beginner ?

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Originally Posted by moss

starting capital for currency trading should be minimum $100.Below this, it is really very risky to trade with.I have started trading about $200.So don't start trading with a very small capital.In this case your account will be zero very early as there is a huge risk.You should trade with.10 lot size with $200 capital.Using 0.05 or0.01 is really very defensive trading rule.Some traders suggest it, but i don't prefer.

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yes i agree with you ke starting capital 100$ se above nahi hona chahye kyun ke agar loss ho to kam ho or start main newbie itna zaida dishard na ho. or mostly traders usd main trade karte hain. in my opinion newbie ko start main demo account pe practice karni chahye.

When we are really dont have some experince in the real account, we should to trading just with little money, because we will learn a new experience about psychology and we never feel that in forex demo account. maybe $50 or $100 is good, and try cent account is better too.Beginner trader should not invest a large amount of capital and it is not more than $100. If the account is cent account then it is better for beginner.

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Originally Posted by didikebenaran

for novices may be confused about the analysis is still a lot of time frame then you should use or learn to use all of the time frame in order to be able to trade them safer in the trade they also need to use only a small capital for investment

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It was natural for beginners and my advice for those beginners should do a special about the coaching and training in basic forex demo account so that they all knew about this long dreamed of in the forex business.

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Originally Posted by kbavanmbnavc

For me I'm trading from fast 3 months and i have never ever got MC , this itself is a motivating factor for me. My profits are very less but still happy to protect my capital and slowly increase the profits trades..

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I think a good trader is a trader who play safe, so that the balance or the capital which he had not diminished, for it is a trader must be very active in all analyzes .. our ability to find out is our own

There are two aspects we need to consider first is risk, forex being risky we should invest least amount as there are more chances you may get losses being novice, second your capital should be enough so that you can expect enough returns for the time you spend on trading, so you need to balance these two.

open a brokerage account. These accounts allow you to purchase stocks, bonds, mutual funds, and other investments by paying professionals to buy or sell the items you tell them to.

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Originally Posted by bingbang

Most newbie start trade with live account, they are still not confident to be able to win I recommend that beginners should use a small investment could be $ 1-10 and use the account

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I don't like that tiny figure of $1, because people may not get any good profit by use this amount. Because the profit margin is very low. But if we need practice then they must need to test with demo account. But $100 is good for start up.

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Originally Posted by sofeenevu

i think newbie should invest $50-$100 at micro at the beginning stage of forex trading market. If he continue his profit and create a good strategy then he can go for standard account and deposit $1000+ based on his capacity.

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that for me, it's better that beginners do not have to first deposit, we manfaatin free capital of this forum, if there is not free deposit before we find the right strategy

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Originally Posted by antnetwork

I don't like that tiny figure of $1, because people may not get any good profit by use this amount. Because the profit margin is very low. But if we need practice then they must need to test with demo account. But $100 is good for start up.

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your profit depends on your invest so you can invests as your capacity, but i think first time we should less invest for loss risk, after knowing about trading system then you can invest huge amount.

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Originally Posted by Ramnit

your profit depends on your invest so you can invests as your capacity, but i think first time we should less invest for loss risk, after knowing about trading system then you can invest huge amount.

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See that the risk management is a good thing to have in the trading account with the trading plan and trading system. Therefore the risk should be as low as possible, reflecting upto 1 percent per trade. But this will reduce the gain of the account to 3 to 4 percent in the two weeks time so we will have to make sure that the gain and the risks are both going good.