How much money do you need to safely trade forex | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Martingale! How to apply it as safely as possible! 14 replies

How to choose a broker safely 43 replies

Safely password protect your work? 8 replies

PipBoxer_SE Safely Exit an Open Trade 45 replies

Attachments: How much money do you need to safely trade forex
Exit Attachments

How much money do you need to safely trade forex

  • #41
  • Aug 20, 2017 8:40am Aug 20, 2017 8:40am
Quoting cfta
Hi fellows, Interesting discussion you got going here. I will transit to full time trading shortly after 8 years of trading alongside having a regular office job. I will start with $ 150k and aim at an average weekly return of 3 % and by default risking 1 % per trade or less. My hit ratio tends to be just a little over 50 % but the key in my strategy is adding to winning positions and let the losers stay with one entry. Looking at some of the spreadsheets here I think that if a trader is averaging a return around 5 % DAILY he is either taking on...

I TRANSLATE YOUR WORDS INTO EXCEL SHEET

IF YOU ARE REALLY SERIOUS AND YOU WILL FOLLOW EXACTLY WHAT YOU HAVE WRITTEN

THEN AFTER ONE WEEK ( 5 DAYS OF TRADING ) HERE ARE YOUR RESULTS
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #42
  • Aug 20, 2017 9:20am Aug 20, 2017 9:20am
Attached Image
  • #43
  • Aug 20, 2017 10:21am Aug 20, 2017 10:21am
"How much money to start trading forex? Or safely trade forex?

ZERO amount of money

If you are "starting" to trade forex, you should trade demo only, until you know the answer to this question.
  • #44
  • Aug 20, 2017 7:57pm Aug 20, 2017 7:57pm
Quoting benaiah
"How much money to start trading forex? Or safely trade forex? ZERO amount of money If you are "starting" to trade forex, you should trade demo only, until you know the answer to this question.
This sum up all the answer.

Quoting Samer1970
THIS QUESTION WAS BEING ASKED HERE IN ff FOR MANY TIMES BY MANY STRONG, WEAK AND funny traders.. the answer is still how much do you have, if you have less than 1000 usd, then go and find day job. this is not your field why bcz the trader must understand many things this 1000 will be a container for removal many things from it margin night swap floating loss losses if he is using stop loss even the great traders will not make 100% correct trades...
Bullshit.

There's a lot of broker who offer lowest deposit without commission, low spread, and swap-free account. Stop hunt? it's an excuse for a losing trader, spread widening have some technical reason such as servers, etc.
  • #45
  • Aug 20, 2017 8:04pm Aug 20, 2017 8:04pm
Quoting IPMan
{quote} Bullshit. There's a lot of broker who offer lowest deposit without commission, low spread, and free swap account. Stop hunt? it's an excuse for a losing trader, spread widening have some technical reason such as servers, etc.
Attached Image
people leave, but this thread will go on for ever
  • #46
  • Aug 20, 2017 8:25pm Aug 20, 2017 8:25pm
Quoting IPMan
{quote} This sum up all the answer. {quote} Bullshit. There's a lot of broker who offer lowest deposit without commission, low spread, and swap-free account. Stop hunt? it's an excuse for a losing trader, spread widening have some technical reason such as servers, etc.

IT IS CLEAR THAT YOU DO NOT UNDERSTAND ENGLISH.

WHAT YOU HAVE WRITTEN IS REALLY TRASH.
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #47
  • Aug 20, 2017 8:27pm Aug 20, 2017 8:27pm
Quoting Aussi
{quote} {image}
Really? At least I've experienced those things

Quoting Samer1970
{quote} IT IS CLEAR THAT YOU DO NOT UNDERSTAND ENGLISH. WHAT YOU HAVE WRITTEN IS REALLY TRASH.
Is it you or me? your answer about this thread are bullshit and non-sense. I offend your trash signature which talk about stop hunt.
  • #48
  • Aug 20, 2017 8:35pm Aug 20, 2017 8:35pm
Quoting IPMan
{quote} Really? At least I've experienced those things {quote} Is it you or me? your answer about this thread are bullshit and non-sense. I offend your trash signature which talk about stop hunt.
AHH I SEE, BCZ YOU ARE A VERY RICH MAN HAVING BILLIONS WHO DO NOT CARE ABOUT THE HUNTING OF HIS STOP LOSSES, UNLESS YOU ARE A MEMBER IN A BROKER FIRM, THEN I SEE WHY YOU ARE SO UPSET FOR MENTIONING THAT BROKERS ARE HUNTING THE STOP LOSSES

MY FRIEND, GO BACK IN HISTORY AND CHECK YOUR CHARTS FOR GBP/USD AND USD/CHF AND SEE HOW MANY TIMES THESE TWO PAIRS WERE HUNTING THE STOP LOSSES IN YOUR BROKER CHARTS....

AGAIN............. WHAT YOU HAVE WRITTEN IS REALLY BULLSHIT... BIG ONE I DO BELIEVE,

OFFEND :

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #49
  • Aug 20, 2017 8:40pm Aug 20, 2017 8:40pm
Quoting IPMan
{quote} Really? At least I've experienced those things {quote} Is it you or me? your answer about this thread are bullshit and non-sense. I offend your trash signature which talk about stop hunt.
please put your comment about stop hunt in the right forum question please . nonsense as you put it , people are interesting in learning and on this thread there is some very good comments and gives a very good guide
people leave, but this thread will go on for ever
  • #50
  • Aug 20, 2017 8:41pm Aug 20, 2017 8:41pm
Quoting Samer1970
{quote} OFFEND : {image} AHH I SEE, BCZ YOU ARE A VERY RICH MAN HAVING BILLIONS WHO DO NOT CARE ABOUT THE HUNTING OF HIS STOP LOSSES, MY FRIEND, GO BACK IN HISTORY AND CHECK YOUR CHARTS FOR GBP/USD AND USD/CHF AND SEE HOW MANY TIMES THESE TWO PAIRS WERE HUNTING THE STOP LOSSES IN YOUR BROKER CHARTS....
I've a different dictionary, if you want to speak with yours then I'm insulting you.

I've precise point where to put SL and consider the floating spread, that's why I don't say they hunt my stop coz my stop are never "hunted"

*edit:
your
  • #51
  • Aug 20, 2017 8:45pm Aug 20, 2017 8:45pm
Quoting Aussi
{image}

Roughly a $1000 USD in my experience, But trading 1/2% positions.
  • #52
  • Aug 20, 2017 8:47pm Aug 20, 2017 8:47pm
Quoting IPMan
{quote} I've a different dictionary, if you want to speak with yours then I'm insulting you. I've precise point where to put SL and consider the floating spread, that's why I don't say they hunt my stop coz my stop are never "hunted" *edit: your
again this is not the stoploss thread
people leave, but this thread will go on for ever
  • #53
  • Aug 20, 2017 8:51pm Aug 20, 2017 8:51pm
Quoting Aussi
{quote} please put your comment about stop hunt in the right forum question please . nonsense as you put it , people are interesting in learning and on this thread there is some very good comments and gives a very good guide
I'm sorry if I'm out of topic, I'm just giving my opinion about his misleading answer which in my understanding that he blames broker for losses. It's trader mistakes if they got losses because they don't understand the technical about their broker/platform. Period.
  • #54
  • Aug 20, 2017 8:51pm Aug 20, 2017 8:51pm
Quoting PeteVantage
{quote} Roughly a $1000 USD in my experience, But trading 1/2% positions.
thanks pete for your comment
people leave, but this thread will go on for ever
  • #55
  • Aug 20, 2017 8:52pm Aug 20, 2017 8:52pm
Quoting IPMan
{quote} I've a different dictionary, if you want to speak with yours then I'm insulting you. I've precise point where to put SL and consider the floating spread, that's why I don't say they hunt my stop coz my stop are never "hunted" *edit: your

NO PROBLEM, I SAW SO MANY FOOL , IGNORANT DONKEYS LIKE YOU HERE IN FF WHO ARE TRYING TO TEASE AND INSULT OTHERS BCZ THEY ARE JUST THINKING AND LIVING LIKE DONKEYS WITHOUT BRAIN.

Attached Image
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #56
  • Aug 20, 2017 8:55pm Aug 20, 2017 8:55pm
Quoting IPMan
{quote} I'm sorry if I'm out of topic, I'm just giving my opinion about his misleading answer which in my understanding that he blames broker for losses. It's trader mistakes if they got losses because they don't understand the technical about their broker/platform. Period.
i have been trading for over 20 years
people leave, but this thread will go on for ever
  • #57
  • Aug 20, 2017 9:03pm Aug 20, 2017 9:03pm
Quoting IPMan
{quote} I've a different dictionary, if you want to speak with yours then I'm insulting you. I've precise point where to put SL and consider the floating spread, that's why I don't say they hunt my stop coz my stop are never "hunted" *edit: your

AND I CAN SEE THAT YOU ARE IGNORING THE BIG GREAT TRADERS HERE WITH HIGH IMPACT 1% LIKE NOT-KPMG

IT IS CLEAR THAT YOU DO NOT UNDERSTAND FOREX AND I AM SURE YOU HAD A FIGHT WITH THE GREAT TRADER NOT-KPMG AS HE WAS TRYING TO SHOW YOU GOOD THINGS TO DEVELOP YOUR TRADING STYLE AND YOU WERE JUST IGNORANT

BCZ OF THIS .... YOU ARE NOW ON MY IGNORED LIST, ANY ONE IGNORING BIG TRADERS WILL BE IGNORED.

Attached Image
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #58
  • Aug 20, 2017 9:10pm Aug 20, 2017 9:10pm
Quoting Aussi
{quote} i have been trading for over 20 years
Then you must have the answer, you don't even need to open this thread.
  • #59
  • Aug 20, 2017 9:34pm Aug 20, 2017 9:34pm
Quoting ipman
{quote} then you must have the answer, you don't even need to open this thread.
knowledge is gained by a group of people giving ideas to us all and learning with opened mind is a must
people leave, but this thread will go on for ever
  • #60
  • Edited 11:03pm Aug 20, 2017 10:17pm | Edited 11:03pm
Quoting Aussi
{image}
Not to put a dampener on things but I will lay out a hypothetical in Australian Dollars assuming you are trading for a long-term living and assuming you are a successful performer with realistic expectations and sound risk management.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 37 KB


Notes:
1. Long term returns adopt the average adjusted Gross CAGR of CTA's since 2000.
2. Dependence of alternative sources of income (eg. spouse) for livelihood not included
3. Assumes mortgage on principal place of residence held
4. Assumes family of 4
5. Assumes no substantial capital growth

Of course as an individual without debts....options 3 and 4 can result in significant savings reducing your capital requirement.
0 traders viewing now