I realize I'll probably be blasted quite a bit for saying this but, when I started all I HAD was $400. Remember, the idea is trading with monies you can afford to loose??? I didn't have the thousands recommended to start with. So, I started where I could.
BUT!!!! Trading 1 lot each trade? NOPE! Started with ONLY .1 per trade and took quite a bit of time before I got to .2. Then, another eternity before reaching .3. I HAD to force myself to remain conservative in my trading. Wasn't easy but, has paid off.
I do believe people can start with smaller amounts. But, when doing so, you MUST be willing to be conservative and be realistic in your expectations.
But, that's just me...
|