pinoycity Posted April 8, 2011 Share Posted April 8, 2011 I agree with the post that says that in order for you to earn big in forex, you must trade with bigger amounts of money. Quite risky, but I would be contented with earning even 1% of my money daily. Imagine, having $1000 in your account and you earn 1% daily - that's $300 already in a month. Of course, easier said than done. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted April 9, 2011 Share Posted April 9, 2011 i used a very small capital to trade. i believe i used less than $10. most of the times, i traded with demo accounts. i may trade with a big amount some day, but i need to learn more about forex trading. i think you are moving very carefully and hope it will give you great success in future . i am trading from many days but still unable to get good profit because of some negative matter . anyway i also learning each day to trade with big amount which is really important before trade with big amount. Quote Link to comment Share on other sites More sharing options...
andry777 Posted April 14, 2011 Author Share Posted April 14, 2011 I think that will be varying each trader because there are retail traders and there are really traders who didn't use leverages. I suggeested for newbie, they used about 100 dollars in real account. I think that is enough to get some good profits but for expert, it will depend on their psychology. Quote Link to comment Share on other sites More sharing options...
adnan007 Posted September 24, 2011 Share Posted September 24, 2011 There is no fixed capital amount which I use. I have used a initial capital of $200 in the past but am currently have about $75 as my initial capital which was very low as per trading standards. A standard trader should have a minimum of $300 to get started in Forex. Quote Link to comment Share on other sites More sharing options...
senger Posted December 6, 2011 Share Posted December 6, 2011 For me, I started trading at the expense of Micro $ 100 and the account is good for me, but I then lost a lot of it later that I learned Quote Link to comment Share on other sites More sharing options...
omostar Posted December 19, 2011 Share Posted December 19, 2011 The first time I invested in forex, I invested $50 and over a period of sometimes I was able to make a profit of like $10. But If i will trade now, I will look to fund nothing less than a $100 so that I will be able to use a lower margin. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 7, 2012 Share Posted January 7, 2012 I do not think, we really have to invest anything in this business. Not when there are many forex forums around that will cater to traders posing as posters. IT can be quite depressing to lose your own money in forex. Not so, I believe, when your capital came from these forums. Quote Link to comment Share on other sites More sharing options...
zdaina Posted January 7, 2012 Share Posted January 7, 2012 hello, for now i use only the bonus from some brokers to test my skills . if i win some profits maybe i start with 100 dollar and try to do the best for my money . and maybe oneday i invest with 1000 dollar . Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted January 8, 2012 Share Posted January 8, 2012 For smart and safe trades, you need no less than $10K to start with. This way you can put on stake a little and keep the big capital as a reserve for your trade so even if market moves too fast in opposite direction, your money doesn't disappear Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 9, 2012 Share Posted January 9, 2012 I don't think, I will feel good with a capital close to $10k. That is already a very high amount for me. Maybe, I will only have that capital if I am already ultra rich. With $10k, I can already use that to invest in some programs that will give me sure profit. Quote Link to comment Share on other sites More sharing options...
ermaniso2011 Posted January 22, 2012 Share Posted January 22, 2012 one thing that all the traders have to be carefull is the capital.if the capital is small then we have to invest it in a mini or micro account so that we can still apply risk and moneymanagment rules.using a small capital in a standart account will just kill your account soon.all the new bies have to take note this. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 26, 2012 Share Posted January 26, 2012 It is really difficult if we dont know the possibility of how long or if we will be able to gain profit using small capital only. So really assume that learning first if having small funds will only good for scalping and cant be use in long term trading. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted January 29, 2012 Share Posted January 29, 2012 I think, we can also trade long term with small capital as long as we just put small amount in our trades. And this will probably not give us enough profit that will suit our taste. But this will give our strategy the needed tests. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted February 2, 2012 Share Posted February 2, 2012 I'd like to think that having small capital is just meant to lose, and just for learning experience! Anyway, we could make about 100 dollars in forex forums so even we lose all our funds as long as it came from forex forum is fine! Quote Link to comment Share on other sites More sharing options...
rexway Posted February 2, 2012 Share Posted February 2, 2012 I think using a micro account in forex is a bit more beter as we will be able to manage our fun wisely dispit the fact that the return in terms of profit may not be much but I think this is a beter way to start. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 3, 2012 Share Posted February 3, 2012 Yeah, a small account or a micro account is meant to be as an account for training. A trader should not expect a lot with a micro account. But imagine if we managed to make this micro account grow. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 3, 2012 Share Posted February 3, 2012 Making this micro account grow shows that we are improving and can brings more confident to traders,so I prefer this account to macro account were a trader stand a chance to loos big amount of money. Quote Link to comment Share on other sites More sharing options...
pinoycity Posted February 4, 2012 Share Posted February 4, 2012 Yeah, I agree. It will make a trader feel confident with him/herself when his/her micro account becomes bigger. This can be the perfect path. You start small and might end up big. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 29, 2012 Share Posted March 29, 2012 It all depends on the knowledge and the experience level o f the trader. For a new trader, that trader will have a very low experience level and as such a small starting capital should be used. I recommend a micro account with not more than $50. Quote Link to comment Share on other sites More sharing options...
Tariq777 Posted June 12, 2012 Share Posted June 12, 2012 I used much k's in the forex trading as capital so far and have also earned a lot from this business Quote Link to comment Share on other sites More sharing options...
freaky Posted June 14, 2012 Share Posted June 14, 2012 This depends on the level of knowledge a trader operates. For a newbie, i think he needs a small account of capital to start trading like 50USD to 100USD. For me when i started trading, i started with a capital of 300USD. Quote Link to comment Share on other sites More sharing options...
budado Posted June 22, 2012 Share Posted June 22, 2012 So far I have 30 dollars in one account and already earn 9.2 dollars. But I decided to stop trading and hope that I can have more funds in here. So I'm back in demo account and trade contest account instead. In this way I can still remain competitive while I'm waiting for my funds to increase. My hope is to have 500 dollars capital to start with. But I have other account also that I maintain. Quote Link to comment Share on other sites More sharing options...
rexway Posted June 28, 2012 Share Posted June 28, 2012 My capital has now been increase from 200dollars my initial deposit to 1300dollar since I started forex trading so what i do trade with now is just only 400dollar and I always do my possible best to minimize my lot size to what I think is bearable for me so its much more better for you to minimize your lot size to avoid loss. Quote Link to comment Share on other sites More sharing options...
gbengustic Posted July 2, 2012 Share Posted July 2, 2012 I totally agree, to make money in forex you need to have a big capital, that is where takings risks comes into play. I would love to start trading with $500. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 12, 2012 Share Posted July 12, 2012 actually the answers are depend on the person itself and how good they are into forex, you know there are something like newbie, mediocre, or expert, and every of them have their amount of capital for trading, as for newbie like me who still learning, $100 is big one, but so far $30 to $100 still in my range. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.