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The catch 22 of trading


Tariq777

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You want to trade full time, however you are undercaptalized so need to grow the account to make earning a few % a month worth something. To grow an account you need to trade intra day otherwise it will take decades to build an account. But you cant day trade because you need to work.

 

In my opinion having a decent capital to start trading is key. There is no way around this.

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  • 1 month later...

A trader does not need to trade decades to get a small accout say, a micro account to a large amount. What is required is skills and the sooner a trader acquires the needed skills, the easier the growth in the account balance. Again, it is not only intra day trading style that can grow an account.

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  • 11 months later...

Its a decision to make from an individual since most of the brokers do offer free money to start trading with I think depositing huge amount of money here is just a wast,one can easyly make money from there then use it to invest if that is the case.

Yes most of the broker offers us free money but that is intended to check their services rather than earning money from it. We cannot make huge money from this small start up capital. We need to have a decent capital to make a good earning from Forex.

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