in order to me, if any newcomer go through pips school 2-3 times including demo account , a small amount can be sufficient to kick off real trading.
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How much did you start with? 94 replies
How much you need to start a broker 5 replies
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How much do I Need to start trading?? I was shocked when I saw this. Please reply 8 replies
Dislikedin order to me, if any newcomer go through pips school 2-3 times including demo account , a small amount can be sufficient to kick off real trading.Ignored
DislikedReally good advice, I think starting from a small account, is the best learning curve, education you can take when starting out.Ignored
Disliked{quote} I agree. Don't risk large sums if you're a newbie, you'll likely just lose money and a lot of confidence.Ignored
Disliked{quote} If you can take a small account say on 0.01 lots and build that account successfully, I believe you will go far. As in order to do that you must apply good Risk Management, patience, and be unemotional. A small account is equally as good for the mindset, in the sense that a large account we fear losing the money, but on a small account we have to master the greed of trying to grow the account to quickly!Ignored
Disliked{quote} This advice does not apply to the newbies - too many details have to be taken into consideration to become successful so fastIgnored
Disliked{quote} If you can take a small account say on 0.01 lots and build that account successfully, I believe you will go far. As in order to do that you must apply good Risk Management, patience, and be unemotional. A small account is equally as good for the mindset, in the sense that a large account we fear losing the money, but on a small account we have to master the greed of trying to grow the account to quickly!Ignored
Dislikedfor scalpers which amount is more appropriate can anyone explain ?Ignored
Dislikedno, it isn't. You can start with 200 dollars and build up your account.Ignored