For sure am So Anxious .
Idk what a funded acct is. Take a paycheck and deposit it, start as small as possible. Start with 0.01 lot until you can get stable returns… quantifiable.
Okay thanks i got you .
Do you want to?
A “funded account” is a way of starting as small as possible, exactly what you recommended.
For example, if you go to the funding company called “5%ers” and pay them $39 (one-off fee, not monthly), they set you up with a “play-money $5,000 account”, and if you can make $400 play-money profit from it (no time-limit), they give you back the $39 and give you another, new $5,000 play-money account which you can trade again, but with this one they’ll pay you a share (actually a big share) of the notional profits you make, when you trade it.
You have to stick to their trading rules, of course, but their trading rules are pretty reasonable and sensible ones, and quite a lot of people say they find them beneficial and educational anyway.
It’s not everyone’s choice of “how to start,” for sure.
But it’s also not a dreadful idea: there are some people (maybe not very many!) who have started off that way and actually made some money out of it, as a way of eventually starting off their own account without having risked their own funds (apart from the $39) to start with.
It’s not (necessarily) as crazy as it sounds, but you need to choose your “funding company” very wisely, as it’s not the most honest industry around (surprise surprise).
But for $39, for people who’ve already traded a demo account “successfully” and fancy trying something new, it’s a super-low-cost option to get going.
The important thing is for them to start small with the $5,000 account, so that whatever happens they don’t risk more than $39.
You can only just about buy lunch for $39, these days, after all?!