That depends on your style, but I assume your using < 1%, since your trading with $0.5 a pip, and you seem like you know something about money management from your last post. But I would demo first at least to get a system, because you want to minimize your losses in the beginning when you start. If you go in without a system that's just like buring money, even if it is a small amount in comparison to your account. I blew out my first account because I only deposited like $300 and traded $1 per pip. The amount you risk per trade will determine how long you can trade until you blow out your account. The way I see it is it is better to be overcautious then partially cautious. But, that amount would most likely keep you in the game for a long enough time. Since your going live you will experience butterflies in your stomach everytime your enter or are in a trade, but you probably experienced that from the horseraces right. As far as I'm concerned that is a reasonable amount to start with. best eh!
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