So sad to hear about this.
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.
You got to cover your bases in this business.
Far from where I want to be but have made great progress and have more than tripled my profits in 2 weeks
Nice !! Are you a newbie just completed Pipsology as well ?
Not yet, but a newbie yes
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, $10 is really low amount, even as a start. Visit Member Spotlight - BabyPips.com Forum maybe you will find some inspirations. Good luck in this long journey Regards Greg
Thanks for your advice. Appreciate!
Hey lorri, i am not agree with your suggestion cos 1000 is a very big amount to start. There is also a famous belief 90-90-90 i.e 90% people loss their 90% capital in 90 days. So, anyone should start with 100$ 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.
You can find successful traders at brokers in the Pamm system.
A large number of people who know how to trade gather investors around them.
no criticism intended, but i strongly disagree
i’ve believed for decades (and still believe now) that $250 is the minimum sized account you need, to trade 0.01 lots safely and sensibly
there are some brokers who will let you trade much smaller position-sizes than a micro-lot, and $100 might be ok for those accounts
Yeah it’s all your experience but not all have that much money i am from INDIA and now 100$= 8200Rs thats can be risk. Anyway different people different mind. Thanks for your precious time
i hear you
i’m not criticising at all
i just noticed that you mentioned in another thread that you’re a complete beginner, so i hoped you wouldn’t mind my mentioning that i disagreed with your advice
the important thing, in this context, is that there are brokers who will let you trade much smaller position-sizes than a micro-lot, and $100 might be ok for those accounts, so people with $100 can still get started
Yes you can definitely do it , but I recommend getting a job or some type of income . Only quit your job when your consistent. Even when you start making money trading full time it still good to have other incomes coming in . Trading can be up and down
10 dollars is a very small capital and I don’t think that you can earn much profit with this little amount. If you want to start, then you can start with a $100 capital.
Forex is a profession which you can start with only 10 dollar but you shouldn’t invest such a small capital. If you have ability, try to invest some more capital so your return becomes higher.
Thank you for sharing this positive feedback. Such a great encouragement. How much capital did you started? Is this result demo or real money?
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