as everyone has said
it’s the same as with other amounts
but here’s the thing
TECHNICALLY , it can be done
so… should YOU do it
ANSWER : hell no
as a newbie, YOU should not even attempt this.
in my experience…
people that ask questions like “how do i start in forex with $300 or less”, are inexperienced and WILL LOSE ALL THEIR MONEY
that’s a guarantee mate
I’ve been there,
you’ll lose it
oh, also,
i’ve lost like $14,000 over 5 years approx. to learn this lesson.
i now trade very very profitably and i have more than recovered the initial loss.
so. i’m telling you straight, if you try to do this, YOU WILL LOSE
now. can i do it
yes i can
but, that’s me
I’m patient
i plan my trades
i understand how risk works and what affects it
i have complete control over my emotions, actually,i remove emotions from trading completely.
now… can you do that ?
Most people can’t
Most of the time, the MONEY in trading is irrelevant
it’s more about
- Your emotional state
- Your level of greed
- are your goals realistic, given market conditions and the pair that you’re trading
- are you tired and trading
- are you hungry and trading
- do you need to go to the toilet,but are holding it in because you have a trade on
it sounds funny,
but SERIOUSLY
before trading
go to the toilet, have a meal, drink plenty of water
(you’d be suprised how much of a difference that makes)
also, don’t eat crap, eat healthy food, it helps you think clearer
but after all that
YOU NEED EXPERIENCE
you cannot trade with a start balance of $100 with no experience and expect to get somewhere.
you may as well give it to charity
because you’ll lose it anyway
or…
keep it for yourself