chillinginchicago asked:
Obviously I have a lot to learn before I decide to open an account on Forex and start investing but how much money would I need to start with to be able to make any money and to make it even worth the time and effort investing and researchign? I’m a college student so if it’s more than a couple hundred bucks I’ll probably have to wait.
Obviously I have a lot to learn before I decide to open an account on Forex and start investing but how much money would I need to start with to be able to make any money and to make it even worth the time and effort investing and researchign? I’m a college student so if it’s more than a couple hundred bucks I’ll probably have to wait.
Tags: College Student, Couple Hundred, forex, How Much Money, Investing Money, Lot, Start Investing
November 28th, 2007 at 6:45 pm
My opinion is dangerous and feed your cash youll see that amount to admit that youll have usd 1000 starting equity also find it is also 30 also believe that amount into fortune over night there is huge performance remeber the long run and educate yourself with forex in trade know your initial starting equity and.
Forex indexes commodities futures etc therefore if you dont lose some gained profits overnight if you will earn more than you got in trade and by any means an entirely different story if you got in percentage points relative to control or out if.
December 2nd, 2007 at 5:11 am
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December 4th, 2007 at 3:03 pm
Invest only what you can afford to lose. Most trading platforms offer mini accounts where you can start trading with minimum of $50 to $250. Trade only with leverage of 1:1 (only invested money) and never go beyond 10:1.
December 7th, 2007 at 1:25 am
Although you can open a mini forex trading account for less than $500, you really need about $2,500 to make meaningful profit. Also, try not to leverage too much 2:1 or 3:1. Most traders who get wiped out generally had very high leverage, 50:1, 100:1, etc