How Much Money Does a Trader Need To Start Trading?

This is a discussion on How Much Money Does a Trader Need To Start Trading? within the New to Trade2Win forums, part of the Reception category; for european brokers you will need a lot more entry capital now from july18 when the New ESMA rulings are ...

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Old Apr 9, 2018, 2:32pm   #201
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for european brokers you will need a lot more entry capital now from july18 when the New ESMA rulings are implemented

30:1 for Forex and a lot less for other instruments

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Old Apr 9, 2018, 10:35pm   #202
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Originally Posted by DavidKSawyer View Post
Though, you may make a few dollars a day which will grow your account over time. If you want an income from forex day trading, start with at least $1000, and preferably $3,000 to $5,000. This amount allows you to potentially start building a monthly income, which is what most day traders are after. It can help you to earn more.
I find $1500 is the perfect amount for generating monthly income.You can't go wrong with that amount in your forex day trading account
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Old Apr 13, 2018, 8:14am   #203
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I find $1500 is the perfect amount for generating monthly income.You can't go wrong with that amount in your forex day trading account
How much will,that generate monthly K ?

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Old Apr 13, 2018, 8:21am   #204
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How much will,that generate monthly K ?

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i was just joking mate, its an arbitrary amount. Have a good day
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Old Apr 13, 2018, 5:40pm   #205
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The most expensive part of trading isn't in dollars.. it's in patience. Make sure you stock up on it!
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Old Apr 13, 2018, 5:52pm   #206
 
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a million dollars would probably work for me to trade ONE NASDAQ contract. i'm not to get scared out of the trade if it goes against me a few ticks or so, keep a level head keep thinking clearly. if down "few ticks" at end of the day, i'm not going "oh fk". tommorrow better be a good day.

thats how much would work really good for me
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Old Apr 13, 2018, 10:56pm   #207
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a million dollars would probably work for me to trade ONE NASDAQ contract. i'm not to get scared out of the trade if it goes against me a few ticks or so, keep a level head keep thinking clearly. if down "few ticks" at end of the day, i'm not going "oh fk". tommorrow better be a good day.

thats how much would work really good for me
You don't need to use a futures contract to trade the stock market. If you trade a position size that scares you, its your fault
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Old Apr 22, 2018, 12:10am   #208
 
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It is not about money, it is about education and experience you need to acquire in order to be steady, profitable on your simulator first.
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