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    Thread: What is the perfect amount to trade for the first timer?

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      There is nothing like the perfect amount to be traded by the first time real account trader as they are going to lose it anyway, atleast the majority of the traders do that. Hence, it is always best for the traders that they invest the money that which they can afford to lose such that they can be able to bear the losses made.

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      When i start my career in start of 2014 then i start trading when my bonus balance reachd near about 120$ that was sufficient amount but unfortunately due to less knowledge and experience i lost my all capital due to my greed i use a big lot size so 100 plus is good for trading in Insta and use minimum lot size inwhich you do secure trading.

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      Quote Originally Posted by jynpornia View Post
      How much should the first timer invest for the trading thing?.
      Been using demo account now but still on the stage of learning.
      Just wondering what is the best amount of investing for the first time if doing it in real?
      There is no any limitation or counting of time in basic learning of forex. I will say that do demo practice upto that until you make consistent success on that pair, so that you have gained well and confidence. After that you should come in real but with no emotion and be in patience,.
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      Quote Originally Posted by kfarah27 View Post
      There is no any limitation or counting of time in basic learning of forex. I will say that do demo practice upto that until you make consistent success on that pair, so that you have gained well and confidence. After that you should come in real but with no emotion and be in patience,.
      Certainly it is very much important for the traders that they should be able to gather some good trading capital if they are confident enough of handling the trading account with ideal risk and money management implementation in each and every trade. Thus, we need to manage the money effectively for profiting.

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