What amount is good for starting

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Old Mar 25, 2011, 8:59am   #1
 
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Cool What amount is good for starting

Hello
Just registered - hello forum.
I want to start trading - what kine amount is good for beginning - not to loose money.
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Old Mar 25, 2011, 9:27am   #2
 
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Re: What amount is good for starting

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Originally Posted by ForexBeginner View Post
Hello
Just registered - hello forum.
I want to start trading - what kine amount is good for beginning - not to loose money.
Whatever you can afford to lose...but it may be better to go with micro lots or demo if just starting out. There is no guarantee that you will not lose many, let alone make any...in fact you probably will do the former...but remember the 1st tsak of a trader is to preserve capital (you gotta stay in the game long enough to get good) so over-leveraging and big risks will likely add to your chances of losing.

Whatever you decide,

G/L
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Thanks! The following members like this post: shadowninja
Old Mar 25, 2011, 9:35am   #3
 
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Re: What amount is good for starting

ForexBeginner started this thread Thanks for advice
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Old Mar 25, 2011, 9:38am   #4
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Re: What amount is good for starting

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Originally Posted by ForexBeginner View Post
Hello
Just registered - hello forum.
I want to start trading - what kine amount is good for beginning - not to loose money.
Hi FXBeginner,
Welcome to T2W.
Soon after you registered on the site, did you receive a welcome message? If so, would you be kind enough to copy and paste it here please?
Thanks,
Tim.
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Old Mar 25, 2011, 9:42am   #5
 
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Re: What amount is good for starting

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No welcome message
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Old Mar 25, 2011, 11:47am   #6
 
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Re: What amount is good for starting

100, Alpari. Why risk more unless you know what you're doing?
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Old Mar 25, 2011, 5:05pm   #7
 
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Re: What amount is good for starting

I agree with the above comments, start off demo trading until you are consistantly profitible then move onto a micro account yet again trade until consistantly profitible.
watch out for leverage it works both ways for you and against. Also search this forum lots of good info
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