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Old 01-01-2007, 08:41 PM
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Smile Hello am a newbie too
Am new to the world of trading but I would love to learn. I always see stock tickers all around ..I never understand it too well and am hoping to pick up some really good pointers here from all the obvious professionals that are on site
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Old 01-01-2007, 10:48 PM
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welcome my friend. We are all here to help in whatever way we can
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Old 01-02-2007, 04:45 AM
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Welcome to the board!
We all love to learn here!

Good luck,
Bye
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Old 01-02-2007, 06:06 AM
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Sorry, this question might have been asked, but I couldn't find it. How much money (Minimum) is required to start trading? Thanks.
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Old 01-02-2007, 06:17 AM
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Quote:
Originally Posted by ore View Post
Sorry, this question might have been asked, but I couldn't find it. How much money (Minimum) is required to start trading? Thanks.
Hello there

I recomend you to take a time and read babypips school whole - College : The number one Cause of deth Forex Trader -> Leverdge The Killer and below .I think that you will find your answer there.

Best regards

Vladimir.
Last edited by dzver; 01-02-2007 at 06:19 AM.
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Old 01-03-2007, 12:35 PM
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I'd say 1-5K...but ideally 10k
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Old 01-03-2007, 01:44 PM
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Originally Posted by ore View Post
Sorry, this question might have been asked, but I couldn't find it. How much money (Minimum) is required to start trading? Thanks.

There is no ideal answer as far as i'm concerned. It will depend on the nature of your trading style and what your return expecations are. Long term traders will have to tolerate bigger swings in the market so they need larger balances. Day traders on the other hand, require smaller balances because their stops are tighter.

I think you really have to look at your methodology and what your typical stop loss is. Although i would not advise this necessarily, you could trade a micro account (where pip values are 0.10/pip for example) with as little as 500.00. If you run the calculation, you would see that you could feasibly take a trade risking 1% of the capital while using a 40 pip stop loss.
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