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Starting small

  • #21
  • Jan 21, 2021 8:42am Jan 21, 2021 8:42am
If your a beginner and entering into live trading for the first time then its the best option to trade small.

The lower the investment the risk is low, and there is exposure on live trading markets even if the profit earned is not great, the live experience will help you build strategy and skills.
  • #22
  • Jan 22, 2021 10:05am Jan 22, 2021 10:05am
Quoting Niels.Lar
{quote} Always make trading decision with clear and calm mind. Trading is a mind game.
I agree. I try to do the same but it doesn't always work.
  • #23
  • Jan 24, 2021 11:34am Jan 24, 2021 11:34am
Quoting EliasWalter
Can I start trading live with two months of demo account experience? Because most of my demo trades have been successful and thought it would be the right time to start live trading with smaller capitals.
If you can make consistent profit in demo account, you can try real trading. But start small with micro or cent account.
  • #24
  • Jan 25, 2021 10:20am Jan 25, 2021 10:20am
Proper money management and risk management are not possible with small deposits. So every trader should trade positively and simply. And trading with better deposits should be done.
  • #25
  • Jan 27, 2021 6:36am Jan 27, 2021 6:36am
Quoting EliasWalter
Can I start trading live with two months of demo account experience? Because most of my demo trades have been successful and thought it would be the right time to start live trading with smaller capitals.
If you are successful in demo by following a very specific methodology for a long period of time, you have higher possibility of doing good in live as well. But if you are random in demo, your chances are zero in live. When it comes to real money we start thinking a bit differently.
  • #26
  • Jan 27, 2021 6:41am Jan 27, 2021 6:41am
It is not possible to survive in trading if you follow money management properly. And to manage money, you should deposit as much as you need to invest.
  • #27
  • Jan 27, 2021 9:28am Jan 27, 2021 9:28am
If you do follow or if you do not follow money management?
  • #28
  • Jan 31, 2021 11:43am Jan 31, 2021 11:43am
Every trader should know in which position he should enter the trade. If the entry in the trade is not right, then the emotion will work in the trade. And emotional trading is very harmful. I never trade on weekends because then the market is volatile. I always try to trade in the middle of the week.
  • #29
  • Jan 31, 2021 12:42pm Jan 31, 2021 12:42pm
How much you spend is not matter to make money in trading. Even scalper can good money if he or she has good knowledge.
  • #30
  • Sep 29, 2022 5:20pm Sep 29, 2022 5:20pm
If you have $5,000, you can start investing.
It's much easier to make money that way.
  • #31
  • Nov 1, 2022 7:57am Nov 1, 2022 7:57am
Investing all of your pocket money in trading would be a big risk. Especially if you're just started to trade, it's best to hold the rope a little tighter.
  • #32
  • Nov 4, 2022 2:31am Nov 4, 2022 2:31am
Quoting OwenBavin
It’s not possible to get right 100% percent. First question you can ask what went wrong. Sometimes it’s wrong analysis, sometimes it’s early entry, sometimes it could be emotional. Find that make a note of it and try not to do that again.
And sometimes its just naturally occuring losing streaks in your strategy which you can not necessarily fix anything but just manage risk
"The markets will remain erratic longer than you can stay solvent"
  • #33
  • Dec 14, 2022 1:32am Dec 14, 2022 1:32am
As long as you can sustain your decisions with their outcomes, starting small is okay.
  • #34
  • Apr 1, 2026 4:14am Apr 1, 2026 4:14am
Quoting Myfight
If you have $5,000, you can start investing. It's much easier to make money that way.
Agreed here, investing far more safer and nerve wracking than learning how to trade properly.
  • #35
  • May 7, 2026 11:59pm May 7, 2026 11:59pm
Quoting Gabriele
Hi. New here. Will be short. I wish to start to try some forex trading. I'm willing to risk max 5.000 Euro but i would prefere to start with about 1.000 Euro to play with. I'm more interested in intraday, i would like to close my positions before going to bed. Questions: 1- Which platform/broker to choose? i've seen many use fxsomething but i've read it's only minilot while with my money i've read i should prefere microlot. I would like to use a good solid platform but should not be too costly as my account is small, so my margins, too. Also, i've...
Good questions for someone just starting out.
On the broker side, for small capital look at brokers with cent accounts. MDM is one worth checking out, they are built specifically for newer traders and the cent accounts let you trade real market conditions with very small exposure. MT5 is worth learning from the start, most solid brokers support it and it has everything you need.
On books, skip the forex specific ones early on. Trading in the Zone by Mark Douglas is the most useful thing you can read as a beginner, it is entirely about psychology which is what actually determines results. For charts, just screen time beats most books.
On the 1-2% daily target, that is quite ambitious consistently. Most professional traders aim for that monthly, not daily. Keeping expectations realistic early on protects your account while you are building the skill.
  • #36
  • Last Post: May 8, 2026 10:54am May 8, 2026 10:54am
Starting small is not a problem if expectations are also small. In my experience, the main goal of a small account is not big profit, it is learning execution, discipline and how you react when real money is involved
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