yes agree with you , its a good reply with nice information , thanks again for your nice reply.Rather than spending time on questions about how much you should lose, focus your attention on the traders' equation: are the chances for success times the reward noticeably greater than the chances for failure times the risk.
Don't take another trade until you can answer that question about that trade.
Though more pessimistic than need be, I think this OP's attitude is still waay better than the more typical attitude of people going into trading with hopes of being successful rightaway.If this is a serious question, then I have some serious advice to offer you: don't become a trader - it's not for you. Do something else. Anything, anything at all, just don't waste more time or any money on trading.
Using more leverage you increase magnitude of impact of price movements on your equity. Hence you increase are potentially increase variance of your returns. Hence you potentially decrease your Sharpe ratio - get suboptimal performance.As a beginner in trading should i trade with an higher leverage since I'm in demo, even though i know the fact that demo and live are different ?
Just for the experience is it a good idea to trade with higher leverage or trading with an average leverage gives the same experience on risk factors and strategical thinking ?
Always you will need [email protected] Management. Fund your account always with money you can effort to lose.I plan to start trading real money instead of a demo account and have accepted the fact that I will lose it all. What is a good amount to deposit considering the fact that I will definitely lose it all?
Risk is how much money you willing to lose at any given time. Let's say you have a £1000 account and you want to risk £10Always you will need [email protected] Management. Fund your account always with money you can effort to lose.
Exactly, We shouldn't invest more than we are willing to lose. This is a great tip for beginners.Always you will need [email protected] Management. Fund your account always with money you can effort to lose.
Well Trading isnt a Casino... so it is a very odd question to ask how much money you should put in with the view you lose it all anyway, if that is your view, i would tell you go and do something else and buy yourself something nice... you have to start trading with the view to learn and get better and look after your money. With your current view hard to make it as a trader but happy to answer more of your questionsI plan to start trading real money instead of a demo account and have accepted the fact that I will lose it all. What is a good amount to deposit considering the fact that I will definitely lose it all?
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