50k, 100k, 150k= undercapitalized?

how much it is necessary?

http://www.forexfactory.com/showpost...2&postcount=56

http://www.forexfactory.com/showpost...9&postcount=63

Depends on your goals. If you want to make money and know how in Forex you can start with any amount, you will make $....how much well that depends on your initial capital of course, how much do you need or want to make? Along the lines of your first link you posted, if you want to make GOOD money scalping where you are counting every single tick then you need to be with Currenex where most white label partners or prime brokers require 250k just to open an account. Sounds like a lot? Yes but you get almost no spread and very little commissions and on top of that very LARGE liquidity.

thanks for your answer Richard.

about Rainbow: looks like only CanyouSeeme,Flash (and you now)are making profit using it...oh, and Linuxtroll obviously.

There are others making profit with it, the problem with it is that most people want an indicator or system that will work right now with minimal practice. They get frustrated when they make losing trades and end up overtrading chasing their profits etc thinking "this has to work...it works for so and so" It's really not all that difficult, I consider it a method that is "outside the box" compared to everything else on FF I have read mainly because it demands totally different MM and risk control along with the potential for astronomical profits compared to anything else I have seen... This is of course my opinion

Oh and how do you know I am profitable with it?

I don't know much, I'm a newbie, and this is my second week of really looking into forex. From what I can figure, you don't ever want to put more than 2% of your account at risk. I would completely recommend based on what I've read, that you have a tried and true tested trading system, before you start at all. Of course, I didn't follow this advice, but I lost the $200 and it taught me a lot, I'm OK with that. The most valuable lesson it taught me is not to trade live until you have a tried and true tested system. After that, and with some basic math calculations, I'd figure you could trade with as little as $100. You would have to have a scalp system, trading 1 micro lot per trade, and a 20 pip stop loss. That would put $2.00 at risk per trade. You need to realize that your system would have to have a fairly high success rate, so your drawdown potential wasn't too bad. This is probably hard to do, so I'm sure I wouldn't recommend it to a beginner. Theoretically it doesn't matter if you test your system properly. I know a lot of people recommend a lot more to start with, but if the ratios are the same, why does it matter? Of course, it may take you a while before you can actually make any money, but that is my two cents.

Edit: By the way, one of the main reasons I posted this was for someone to tell me why I am wrong. I don't know that I am, so I would like to find out.