How much should i start with

[FOREXunlimited]

Ben its not about the leverage, its about the risk. I can use 100000:1 leverage and still have zero risk in the method I described. The risk is determined by the stop loss, not the leverage. You are missing out on a lot of upside potential using such a low leverage. You also have to keep much more money in your brokerage account than I do. No wonder you think you need a 100k to make a living from forex. I know that everywhere you look, people are warning about the perils of leverage, but used properly, leverage is really your best weapon, and it is what gives forex a huge edge over equities.

I’m under no illusion that I can keep doubling my account all the time. My point is that you will get some months when your return is much better than 10%. So if you average that out, you can achieve the 10% on average.

Spot-on. The concept of effective leverage is absolutely crucial to trading FX.
This is a [B][U]must[/U][/B] read: How Much Capital Should I Trade Forex With? | DailyFX