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

    1. #1151
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      Well,$100 would be kind of suitable

      But then,you gotta keep the risks down and observe the market first instead of trying to make quick bucks

      That way,you will hang of it and you can later start with some trades with good risk managed set up

      Keep doing that,and you might get going(to bank)

      Hope good

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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?
      deposit money to trade according to your experience if you want to practice then open a cent account deposit 10$ if you able to turn 10$ to 20$ you are then able to turn 1000$ into 2000$ or more

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      i don't think it matters most the *amount* on which you trade with yet i find it better to have a higher capital like 100$+ for having a safe trading and to increase your margin , also it matters more for a new trader to just trade safely with no risk since you don't have enough experience to face spikes of the market and it can blow your account , yet we all learn from our mistakes.

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      As a newbie trader, first you must stick to cent or micro account and trade only 0.01 or 0.10 lot which is equivalent to 1000 units. It may look to small but you have no other safe choice than to use this quantity in order to protect your account from heavy losses.

    6. #1155
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      According to my knowledge in forex trading for the first time you need to invest at least 100$ in cent account with leverage 1:1000. With this way i can be sure you stay a long time in the market before your capital goes a way.

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      depend on your skills you should start with cent account 10$ in enough for cent account then start making money by big deposit if you want to earn big you have at least 100$ in your account you can make 1000$ with 100$ if you have enough skill in forex trading many of my friend deposit only 100 and ean 1000

    8. #1157
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      it is good topic because there are many people hurry to invest their capital and money have in the first trading and it is very dangerous because they are still in trial stage and they should assess their performance correctly before make this

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      Quote Originally Posted by hemaabdo View Post
      it is good topic because there are many people hurry to invest their capital and money have in the first trading and it is very dangerous because they are still in trial stage and they should assess their performance correctly before make this
      indeed a very interesting topic, but once again I suggest you to take a moment can still see your financial capabilities, I hope you do not force yourself to do transactions in the forex market with borrowed money, better save first to reach sufficient numbers and according to your need

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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?
      i advise every new trader to forget investing any amount of money in the Forex till they see the result of their performance and know if they are ready to trade or they need to receive more learning and this is better than investing and losing

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