How much did you start with?

Starting fresh with a $150 account at Oanda.

Two Mules, and my Sister Sara.

I started with just $50 with etoro. Enough to make, and burn 2 trades of $25 each with 400:1 margin. etoro is a social trading platform where you can copy other trader's trade. There is no trailing stop, and it's completely web-based. You cannot use your MT4, and the chart available does not provide enough customizations nor does it allow custom indicators. It's either the first stepping stone for beginners or an alternative for serious traders. You're better off with proper online FX broker. OANDA has just an award for being the best global forex broker per this press release.

http://www.forexpros.com/brokers/oan...D-award-133201

a "go" cart, couple arms, legs and a 20 yr old lawnmower.


http://www.stevestenzel.com/photos2/...n_mowing_1.jpg

A very Interesting Thread

I have been reading posts on this forum for a number of years and it all comes down to the same question – Can you make money in Forex?
The answer is yes.

The reason that quite a few people struggle with this profession is that there are no proper guidelines as to how to trade profitably.
I read on a number of occasions on this forum that 95% of traders are not profitable – that probably is true and I think that the single biggest reason for this failure rate is not enough Capital and a lack of determination to see a “Set” of trades through.
The “Set” of course is determined by a strategy/ies which have been backtested over a number of years and then practised, maybe on a demo or if you can afford it, on a small live account.


This then determines the following:

- The biggest losing day
- The biggest losing month
- Margin Requirements

The above 3 help you to establish the maximum amount of capital required to run a strategy. All you need after this is shed loads of patience and determination to see every day through.

started with 200$ in 2007 with fxcm, this amount was burn in 3 trades

classic lol

I started with $5000 and still sitting on $5000. can't consistently profit

Your ae 100% correct!!!!! It is like you have been sitting next to me and noting my problems especially when you say "seeing the trades thru" This by far has been my biggest problem plus being under capitalised as a result of losing most of my acc.

Started with 1000$ at zulutrade , now have more than 4.000 in my account. I had my bad days (lost 500+ pips in few days) but the "risk less" lesson was well received and my account returned back to being green and healthy.

My Ist post here, have read a lot over a while now here and am very impressed with the members input and expertise, so hopefully will be able to contribute a lot as well a s learn a great deal.

I started with a very small bank to be honest 1000 GBP and at the time which is a very long 8 years ago was what I thought a lot of money, but found it does not go far if you don´t know what you are doing.

I certainly learned the hard way but have now tried many methods and believe I use the right one now, well by bank balance does show this.

Glad to be here.

Ferret21 (Ronald)

Opened first account in year 2005, with 100 bucks on easy-forex, and burned it in a few trades.

Then I quit for many years and kept reading, but not even trading in demo.

Year 2010, opened my second account in OANDA with 800 bucks. Traded only GOLD long term and a few pairs. So far built it to 2000 bucks, but only made like 10 trades during the last 12 months.

I can't feel comfortable to trade all the time, or like some people do, that they do like 20 trades per day.. I dont get it how they trade so much and so short term. Really sounds like GAMBLING or they are aliens who can predict the future...

Obviously Im still missing a lot of things in this.

Did a lot of reading and traded using the demo account for 2 months before going live. Started with S$3k using Oanda leverage 1:20.

It was tricky switching from demo to live, the money is for real. The psychological effect cannot be ignore. I worry too much and often find myself cutting losses way too early (sometimes too late) or hesitate for too long before making entry. The timing is always wrong.

I am into the 5th month of trading live and manage to maintain the initial capital of S$3k + profit and have increase the leverage to 1:50.

Still learning the trade..

Starting with a $100 account at Alpari.

I started with a small $500 mini account, lost about 25%. Withdrew everything, went back to demo for 6 month, got a much better understanding of the market. Started again with $1000, +800% and climbing.

I started with $0 in 2009 and still it is $0 i put in my trading accounts. I participated in various contests and built up some decent amount to trade with. And till now i am giving my all to have things this way.

I've started with 5000 EUR few months ago, and now I've around 4900 )) First 2-3 months i lost a lot of money, and now I just started to get them back. Sometimes it goes fine, sometimes not - its like swing...Hope it will be better, definitely its improving in small steps...

i started with 100$ and lost it after 1 week

I funded 1000$ with FX on 3 Brokers. The first has platform on web and its own platform ( very lagging), the second with forex.com, and now with forexclub, left only 100 (
With gold, that's the first time with real money, it becomes better than i think, so until now i can't say that im successfull in gold.

I started with $1000, lost half, then put in about $1000 on my way trading up to $5000, then busted myself back down to about $500. Recently I've traded my way up to $5800, which is nicely past my previous psychological barrier of $5000 (which was a goal 500-5000 in six months). Now, I am pulling money out of my trading account 100-400 per month and building equity.