The minimum amount, if no use of leverage, is $10,000,000. However, I do recommend higher amounts.
Trading with a leverage? This is a very risky business. Leverage is what silently kills most traders. That is like 99.99% guarantee (for the bankers) the traders will surely fail. The trader does not even have to trade, for the bankers to know the money is no more trader's property... it is all just question of time now. But if you have the $10 mil and no leverage in use? Then it is a completely different picture...
Either way, with or without a leverage in use, a good strategy is a must have, before start trading the financial markets. So, the right order of the question have just changed:
What strategy I must trade to stay profitable?
Once you pocket the right answer - you would never ask how much money will one needs to start trading... cause you will already know the answer.
Trading with a leverage? This is a very risky business. Leverage is what silently kills most traders. That is like 99.99% guarantee (for the bankers) the traders will surely fail. The trader does not even have to trade, for the bankers to know the money is no more trader's property... it is all just question of time now. But if you have the $10 mil and no leverage in use? Then it is a completely different picture...
Either way, with or without a leverage in use, a good strategy is a must have, before start trading the financial markets. So, the right order of the question have just changed:
What strategy I must trade to stay profitable?
Once you pocket the right answer - you would never ask how much money will one needs to start trading... cause you will already know the answer.
Maadik Hugiis. IQ 69.
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