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; Lots depend on how much money you have and your risk management....

Reply
 
LinkBack Thread Tools Search this Thread
Old Mar 24, 2015, 10:23am   #106
 
3 Posts
Joined Mar 2015
Lots depend on how much money you have and your risk management.
everyTHING is offline   Reply With Quote
Old Mar 27, 2015, 8:34am   #107
Joined Nov 2013
Quote:
Originally Posted by Johnmcc View Post
I think unless you have $25000, you can't really make good money in the stock market.

Has anyone made it, let me know.
I think if we have small we can earn small. Example with $5000, we can have hundreds dollar profit a day. Right?
trade2bpro is offline   Reply With Quote
Old Mar 27, 2015, 11:22am   #108
Joined Nov 2014
Quote:
Originally Posted by trade2bpro View Post
is $50 enough for a start in Forex?
yes...it will be enough for you to learn, if you lose it, you have not learnt yet....you should not lose it if properly money management is applied even if you have not leaned to trade yet.....once you have leaned to make consistent returns you may add more if you can...otherwise do not, not point. Treat your $50 as $50,000.
Fugazsy is offline   Reply With Quote
Old Mar 29, 2015, 2:54pm   #109
Joined May 2013
Depends on trading systems. There is no general minimum.
Solas0077 is offline   Reply With Quote
Old Mar 31, 2015, 9:51am   #110
Joined Nov 2013
is there a site that collect all minimum deposit from most popular brokers? It would be very useful.

I know some broker can offer small deposit and some larger, but need a site to compare their trading conditions as well.
trade2bpro is offline   Reply With Quote
Old Apr 6, 2015, 11:22pm   #111
 
3 Posts
Joined Apr 2015
If you wanted to start with a very low deposit amount to learn, you can always mess around with Bitcoin. You can buy $50 worth and zap it over to Bitfinex to practice your trades. You can margin trade at Bitfinex with leveraging of 3:1 (i think. they keep changing it). I like trading BTC, its fun and very volatile.
__________________
my daytrading blog about indicators, ta, chart patterns, and candles, etc. I like to trade Bitcoin, FX, and commodities - http://cfdtradingreviews.com
garrett123 is offline   Reply With Quote
Old Apr 8, 2015, 11:14am   #112
Joined Nov 2014
$10 will do, with some brokers like Oanda or CMC you can trade 1 unit in forex, 1000 units is a micro lot which is the minimum with most brokers on MT4 platforms
Fugazsy is offline   Reply With Quote
Old Apr 11, 2015, 3:36pm   #113
 
fx turtle's Avatar
Joined Jan 2012
Start with an amount that you can completely afford to lose because most likely, this amount will be gone if this is the first account you ever opened in your life.

Start trading with the correct mindset and right from the get go, respect risk right away, by having a leverage not over 50:1.

This amount will let you discover a lot of things about you that you think you knew.

Cheers,
FxTurtle
fx turtle is offline   Reply With Quote
Thanks! The following members like this post: NVP
Old Apr 12, 2015, 2:58am   #114
 
4 Posts
Joined Apr 2015
Well, I am trading with the most VILE secret EVAR! I am RARELY if ever gonna say this. If I don't mention it again, I will have to ask you to get over it, because I did it... Here Goes!

NOTHING! NOPE! FREE No deposit Bonuses. There! I said it! Happy now. For once I ripped at the seams.
jmintuck1912 is offline Commercial web site   Reply With Quote
Old Apr 12, 2015, 7:55am   #115
NVP
 
NVP's Avatar
Joined Jun 2004
Quote:
Originally Posted by fx turtle View Post
Start with an amount that you can completely afford to lose because most likely, this amount will be gone if this is the first account you ever opened in your life.

Start trading with the correct mindset and right from the get go, respect risk right away, by having a leverage not over 50:1.

This amount will let you discover a lot of things about you that you think you knew.

Cheers,
FxTurtle
not bad at all dude ............
NVP is offline Coach/Trainer   Reply With Quote
Old Apr 13, 2015, 9:25am   #116
Joined Oct 2011
A newbie must start forex trading with at least $100 on micro account to test broker. and after few months they can go with big deposit.
Samira Bhagvat is offline   Reply With Quote
Old Apr 13, 2015, 9:45am   #117
 
5 Posts
Joined Apr 2015
Beginners

If you are doing the trading yourself start with accounts of around £250 pcm

If you are going to use a trader to do the deals for you for a profit share you would probably need around £25k.

WARNING IS THAT YOU "ONLY PLAY WITH MONEY THAT YOU CAN AFFORD TO LOSE" WITHOUT IT AFFECTING YOUR LIFESTYLE.

IT IS THE ULTIMATE "HIGH RISK HIGH REWARD" INVESTMENT
takeaview trading is offline   Reply With Quote
Old Apr 13, 2015, 10:00am   #118
Joined Nov 2014
guys, first we need to learn how to trade, with a good broker we can start with only $10, I do not see why I should trade more if I do not know how to trade? having more money does it make me a better trader? Money is not an issue went we start to learn, even if we have not learnt yet we should not lose that $10 if proper money management is applied..
Fugazsy is offline   Reply With Quote
Old Apr 13, 2015, 10:03am   #119
Joined Oct 2011
Quote:
Originally Posted by Fugazsy View Post
guys, first we need to learn how to trade, with a good broker we can start with only $10, I do not see why I should trade more if I do not know how to trade? having more money does it make me a better trader? Money is not an issue went we start to learn, even if we have not learnt yet we should not lose that $10 if proper money management is applied..
Indeed, My suggestion was for testing broker so you can go after it with big deposit.
Samira Bhagvat is offline   Reply With Quote
Old Apr 13, 2015, 10:08am   #120
Joined Nov 2014
Quote:
Originally Posted by Samira Bhagvat View Post
Indeed, My suggestion was for testing broker so you can go after it with big deposit.
I see.....

there are some a few good brokers around that are not taking the other side of your trade.....it is all part of the job shopping around...it is also important to choose a broker based on how we trade, some are good for scalping some are not because of the spread and so no.....
Fugazsy is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
How much money do I need to start trading? ciguli First Steps 74 Apr 1, 2016 4:36pm
Start trading career as an equity option trader? mizhael General Trading Chat 16 Dec 29, 2008 3:15am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)