ITS ABOUT THE CASH NOTHING ELSE.
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Disliked{quote} it illustrate perfectly how to trade a "large account" safely...use a demoIgnored
DislikedIn my humble opinion a demo cannot produce the one ingredient that is critical for trading success - EMOTIONS. No matter how you slice it, the emotions are different when REAL money is on the line. I suggest starting as soon as possible with REAL hard earned money. Even if its $50. Learn to protect your capital and control your emotions.Ignored
Disliked6500$ wipe out today because of manipulated Eurusd, after all no guaranty for safe trading!! Be alert!!!Ignored
Disliked{quote} The question will be; how much skill do you need for safe trading! Because the success depends on your trading skill; not on your trading capital size!Ignored
DislikedMoney is not a factor for safe trading. No amount of money is safe unless you follow good risk management policy. It's about how expert you are and how well you can manage your trade and risk. Some people think more money means I am safe. Only invest good amount of money if you know what you are exactly doing.Ignored
Disliked{quote} Its not a simple question. are you married? single? have kids pay mortgage or live with parents? You need a lot of money to trade in a way that you can consistently eke out a living out of trading. So if you have 10 grand, 20 grand? dont even think about trading full time for a living. Whatever your yearly expenses, multiple that by 2 and thats the min amount of dollar you need. If you spend 5 grand a month, then you need 5x12x2= $120,000 min in your bank to start think about trading. My cred? I trade full time for a living.Ignored
Dislikedit depend on your risk appetite, and depending on your strategy how big is your drawdown ?Ignored