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Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
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I think it is better to deposit the amount of investment that you can properly manage money and risk. If you try to make an extra profit with a small deposit, you will never succeed in trading. As a trader, I always try to develop a trading strategy and maintain money management.
I think it's best to start small and learn to grow that account $100, no more than $200. Once you've become disciplined then you can increase your balance. I've blown too many thousand dollar accounts.
I think it's best to start small and learn to grow that account $100, no more than $200. Once you've become disciplined then you can increase your balance. I've blown too many thousand dollar accounts.
No matter how much I trade with deposits, I have to do money management and risk management. If I can't manage risk properly, I can't gain profit no matter how good I am trading with deposits. For this, I have to maintain risk by developing knowledge along with trading strategies.
You can start with as little as $5 depending on your brokers minimum deposit. Make sure you have a system that allows you to trade cent account and with leverage atleast 1:500.
the amount of depot is not important, what is important in forex trading is discipline in trading .. When discipline, small capital can grow that capital
I use Oanda and Hugosway. Oanda is regulated in the US and you can start as low as $5. Hugosways isn't regulated but allows indices and you can start with $100 or lower.
No matter how much I trade with deposits, I have to do money management and risk management. If I can't manage risk properly, I can't gain profit no matter how good I am trading with deposits. For this, I have to maintain risk by developing knowledge along with trading strategies.
Trading requires a good broker. If a trader cannot choose the right broker, he will not be satisfied from deposit to withdrawal. As a trader, you need a good broker with money management and a trading plan. That's why I take the help of brokers.
$10 sounds way too little to me. Unless you are using a cent account to practice trading when you are a beginner - in that case, a small amount is enough. But if you want to make decent profits, you need to start out with more money.