Hi. I’m a newbie in forex trading. Before started Pipsology course I have zero knowledge about forex. I am now still studying kindergarten level in the course.
Can I ask anyone here is already become a successful consistent profit trader? Can I start trading with only 10 USD after I completed the course?
I am currently resigned my job to start the trading journey. I am not sure if it is too risky to do so. I hope you guys can share your thoughts and experience here.
In my opinion, $10 is not a good idea.
You must have at least $1000 to open a micro account.
If you start with $10 you’ll lose it easily. Start with a demo account first.
Back down to earth now , even with experience it’s not a consistent guaranteed income.With a £10,000-£20-000 start.So just practice maybe if you have.the time or a plan
Thank you so much for your encouragement. It’s mean so much to me.
Btw I am still in kindergarten level thou. I have no enough qualification to become a mentor. But I am currently still in survey to look for someone professional to become my mentor after I complete the Pipsology course
Since you’re going to be trading an account with $10 in it, I wanted to suggest that you might consider ringing up lloyds of London and asking them if they could write an insurance policy to guarantee you against any losses.
Hi and welcome in BP community try to finish pipsology course couple times then use demo account and knowledge from course. Find your own approach to be profitable trader, in the meantime try to get more funds, $10 is really low amount, even as a start. Visit Member Spotlight - BabyPips.com Forum maybe you will find some inspirations. Good luck in this long journey Regards Greg
Hey lorri, i am not agree with your suggestion cos 1000 is a very big amount to start. There is also a famous belief 90-90-90 i.e 90% people loss their 90% capital in 90 days. So, anyone should start with 100$ with 0.01 lot size
Hey Valerie, first of all congratulations for taking a step to become a trade . According to my experience you should continue your job until you become a profitable trader because it takes time to become a treader and even a profitable trader. So, there should be a source of money that can be your capital. At the end you should start with 100$. Hope it will help you.