How much amount should we invest in this business?
Page 1 of 4 1234 LastLast
Results 1 to 10 of 32

Thread: How much amount should we invest in this business?

  1. #1
    Trader
    Join Date
    Aug 2015
    Posts
    5,156
    Thumbs Up
    Received: 33
    Given: 21

    How much amount should we invest in this business?

    I am new in this business and some people says that forex should be started with strong investment while some say that never invest huge amount in this business.

    I am very much confused that which amount will be enough to start this business, should I start with huge capital or small investment.

    Please your suggestion in the regard will be helpful for me and all the respected member of forum.

    Not allowed!

  2. #2
    Trader Hukam's Avatar
    Join Date
    Jan 2014
    Posts
    8,615
    Thumbs Up
    Received: 250
    Given: 495
    Don't listen them mate, you should listen to yourself. According to me you should have a good forex trading experience at first so start with demo trading in starting phase. And when you have your trading strategy, risk management , and money management then you can test yourself in live market. I would not suggest you to start with big capital in real trading account, you should start with less amount.

    Not allowed!

  3. #3
    Banned
    Join Date
    Aug 2013
    Location
    State Himachal Pradesh
    Posts
    9,370
    Thumbs Up
    Received: 318
    Given: 538
    Welcome to the forex, well I don't think that we have to start with big capital, forex trading is that kind of business where you can start with low amount of capital also. Our first main objective should be learning in forex, big capital is only essential if you have a top quality of trading experience then for the extra earning you can deposit more money, but as you are saying you are new and to become successful and professional you have to spend so many year's in forex.

    Not allowed!
    Last edited by Khimi234; 01-09-2016 at 12:01 PM.

  4. #4
    Registered user
    Join Date
    Mar 2013
    Posts
    3,925
    Thumbs Up
    Received: 215
    Given: 113
    Quote Originally Posted by Khimi234 View Post
    Welcome to the forex, well I don't think that we have to start with big capital, forex trading is that kind of business where you can start with low amount of capital also. Our first main objective should be learning in forex, big capital is only essential if you have a top quality of trading experience then for the extra earning you can deposit more money, but as you are saying you are new and to become successful and professional you have to spend so many year's in forex.
    You are correct it is always a good idea to start trading in real account with a small capital. We should never rush to earn huge money right from the beginning. This will not happen even if we start real trading after a years practice on demo. Because Forex just needs a lot more than demo practice. It even needs psychological training without which success will remain a dream and for which real trading experience is necessary.

    Not allowed!

  5. #5
    Trader techboy's Avatar
    Join Date
    Aug 2013
    Posts
    6,904
    Thumbs Up
    Received: 80
    Given: 2
    Quote Originally Posted by PROPENSITY100 View Post
    You are correct it is always a good idea to start trading in real account with a small capital. We should never rush to earn huge money right from the beginning. This will not happen even if we start real trading after a years practice on demo. Because Forex just needs a lot more than demo practice. It even needs psychological training without which success will remain a dream and for which real trading experience is necessary.
    True, but it is not the case to most of us, because what we understand from the start is that forex trading can give quick profits and so we rush our trading in real money and we just end up a big loser, yes there is an opportunity to make huge profits but it takes time before we achieve such goal, having the right mindset is from the start is also a factor here.

    Not allowed!
    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  6. #6
    Banned
    Join Date
    Oct 2013
    Posts
    11,246
    Thumbs Up
    Received: 241
    Given: 193
    first, try to set the mind that forex is risky and especially when the traders have not yet understood to manage it, and second, think about how to make enough knowledge and get the skill then we can control and manage the risk properly, third, we have to have the ability to control the emotion with well, or you can get these experiences with try real account cents account type with make small investment at least $ 1 and use the smallest lots size,
    and forth, after pass all of them , you will know for how much the money is needed by you to invest it for this business and start to take higher responsibility,

    Not allowed!

  7. #7
    Trader cutiekc's Avatar
    Join Date
    Dec 2013
    Posts
    23,501
    Thumbs Up
    Received: 158
    Given: 236
    Forex is that one business which there is no amount of money that is said to be the amount of money that is needed to start with, traders just need to have the right trading concept and knowledge for them to be able to make money from the business. Furthermore, traders should invest with the amount of money they can afford losing. That is the thumb rule.

    Not allowed!

  8. #8
    Trader techboy's Avatar
    Join Date
    Aug 2013
    Posts
    6,904
    Thumbs Up
    Received: 80
    Given: 2
    Quote Originally Posted by cutiekc View Post
    Forex is that one business which there is no amount of money that is said to be the amount of money that is needed to start with, traders just need to have the right trading concept and knowledge for them to be able to make money from the business. Furthermore, traders should invest with the amount of money they can afford losing. That is the thumb rule.
    Absolutely true, to succeed in trading we need the skills, if we are not yet ready to trade in this market we are guaranteed to lose no matter how big our money is, what is important is to honed our skills so that we will possess the characteristic of a good trader and eventually we become profitable in what we do.

    Not allowed!
    " Trading is 70% Psychology, 15% Risk Management and 15% Strategy ! "

  9. #9
    Trader
    Join Date
    Feb 2014
    Posts
    5,556
    Thumbs Up
    Received: 63
    Given: 30
    I think that the suitable amount to trade with in the start should not be less than 1000 points to trade effectively . also we have to think of a good money management by which we can feel of the trading rules in the market regarding the news impact in the trading day after day.

    Not allowed!

  10. #10
    Trader cutiekc's Avatar
    Join Date
    Dec 2013
    Posts
    23,501
    Thumbs Up
    Received: 158
    Given: 236
    Basically the amount Of Money that traders should invest should be the amount of Money they can afford losing. Don't look at what other traders are doing, just focus on things to make you a successful trader and watch any amount of money you have invested grow to a good amount of money. Further more 200 dollars is a good amount to start trading with.

    Not allowed!

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •