Forex Forum @ ForexAbode

[Jack Francisco]

I head that people should start trading with some serious money, 200 bucks (the most I'd be willing to spend) wouldn't cut it. I'd be interested to see how much money you started out with. Did you start with hundreds too and were still able to make it?

[Alchemist]

I think starting small is actually a better approach. I started trading with £500 ($). I could afford to trade with more, but I was making the transition from demo to live trading and so I wanted to start small. The more you risk per trade, the more it will hurt when you lose and this will have a negative impact on you emotionally/psychologically. This will affect your trading, so it is advisable to ease yourself into it.

Don't worry about starting off with just a few hundred. Once you become consistently profitable, and if you plough all your profits back in, your account will grow relatively quickly. You can also add to it from your income. It will take a number of years before your account is sufficiently large to trade for a living, but is definitely do-able.

[Dominator4fx]

I think starting small is actually a better approach. I started trading with £500 ($). I could afford to trade with more, but I was making the transition from demo to live trading and so I wanted to start small. The more you risk per trade, the more it will hurt when you lose and this will have a negative impact on you emotionally/psychologically. This will affect your trading, so it is advisable to ease yourself into it.

Don't worry about starting off with just a few hundred. Once you become consistently profitable, and if you plough all your profits back in, your account will grow relatively quickly. You can also add to it from your income. It will take a number of years before your account is sufficiently large to trade for a living, but is definitely do-able.

Their is a lot of risk that is associated when we start in the real trading. Most of the tried and tested trading systems may not work correctly in the Real trading accounts as they will have different operating environments and emotions attached with them.

[Alchemist]

Their is a lot of risk that is associated when we start in the real trading. Most of the tried and tested trading systems may not work correctly in the Real trading accounts as they will have different operating environments and emotions attached with them.

I think that when tried and tested trading systems fail it is for one of two reasons:

1. when they are used inappropriately e.g. using a trend following strategy in a ranging market.
2. emotions get the better of a trader and they don't stick to their strategy

[Haley12]

I started forex trading with minimum $100 because my broker AVAFX needs minimum $100 for opening a trading account.

[Rabah]

Hi I've started with about 1000 usd )

[Jack Francisco]

From my point of view, small trading account is like a payment for learning. It's hard to learn discipline on a demo account, but with a small real account one will start thinking twice before opening a position.

[Deacy]

Well i started with $500 with forex-metal.com.These guys are aweosme as a new bie they provide me
35% first deposit bonus;
$100 no deposit bonus for new clients
free automatic trading signals
ECN accounts with low spreads
Rebates for active traders starting from 0.5 pip
So i suggest you guys to trade with this smart company once.

[mdenamul]

I started trading with $400. I could afford to trade with more, but I was making the transition from demo to live trading and so I wanted to start small. The more you risk per trade, the more it will hurt when you lose and this will have a negative impact on you emotionally/psychologically. This will affect your trading, so it is advisable to ease yourself into it.


www.forex-metal.com/46662/1

[kevin101forex]

I started with 100 bucks