What’s a good amount of money to start with in forex ?

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What’s A Good Amount Of Money To Start With In Forex ?

What’s a good amount of money to start with in forex ?

What’s A Good Amount Of Money To Start With In Forex ?



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What’s A Good Amount Of Money To Start With In Forex ?

What’s A Good Amount Of Money To Start With In Forex ?
What’s A Good Amount Of Money To Start With In Forex ?
What’s A Good Amount Of Money To Start With In Forex ?

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Comment (8)

  1. I’m starting with 250. But a guy I know whos managing accounts of 50$ for 100/mo is making 24 dollars a day on each 50$ account.

    So it depends. Yet again it doesn’t matter if u know what ur doing.

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  2. Depends on your goals, how much you can put aside, and aldo very importantly, how much leverage you plan on using.

    Anywhere between 3 and 10% profit/month is a good goal for most people that trade reports and are aiming for a steady (but increasingly higher) profit margin.

    If you’re planning on scalping for example, and want to expose 90% of your balance in each trade, then you’ll need a balance that’s not availanle to most of us, in order to be successul.

    But in general, if you’re trading with a highly leveraged account, lets say 1:400, something like 1k should be good to get started. But notice that all of this info is useless without a very good comprehension of risk management

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  3. Depends what your goal is. If you want to make a living by trading, you could probably use $20-50k with proper risk management of 2%.

    If you’re looking for something quick, risking more and probably end up losing it all, then $500-1,000.

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  4. The start should be a demo account, working on your strategy (clearly defining it) and backtesting it. Once comfortable then start with whatever you are prepared to lose. That figured is subjective and only you can really answer that.

    Good luck!

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