Hello am a newbie too
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  1. #1
    Join Date
    Jan 2007
    Posts
    29

    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

  2. #2
    Join Date
    Dec 2006
    Posts
    184
    welcome my friend. We are all here to help in whatever way we can

  3. #3
    Join Date
    Dec 2006
    Location
    Cairo, Egypt
    Posts
    327
    Welcome to the board!
    We all love to learn here!

    Good luck,
    Bye

  4. #4
    Join Date
    Jan 2007
    Posts
    1

    Default Capital

    Sorry, this question might have been asked, but I couldn't find it. How much money (Minimum) is required to start trading? Thanks.

  5. #5
    Join Date
    Dec 2006
    Posts
    55
    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 07:19 AM.

  6. #6
    I'd say 1-5K...but ideally 10k

  7. #7
    Join Date
    Dec 2006
    Posts
    184
    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.

    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.

  8. #8
    Join Date
    Jul 2016
    Posts
    1
    Thank you for welcoming me.... i feel welcomed

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