Hi, I was planning to start trading with $1000 capital? Is it feasible?
Yes. Most brokers these days will allow you to trade with as little as $50. This is called a micro account.
That’s totally depends on you. You can choose your capital according to the broker (the minimum deposit) or how much you want to start with.
Little capital is better to start trading. After practicing demo account, I first invested in cent account. After gaining experience of 2 months, I invested big amount in standard account.
Yes, it is completely fine to start going live with less than $1000. Even you can start with $100 as well, depending on what broker are offering for micro account.
All the best.
Certainly , keep to the smallest postion size allowed and use the fund to learn and grow slowly. If you chase the big bucks straight away the account will blow
Initially start with 200$. Maximum lot should be 0.01. The purpose of this would test your knowledge and skills with real money. It’s like an experiment. Most newbies do not follow any money or risk management rules. Don’t be like them.
You can surely start with a lot less than $100. Whatever capital you use just make sure that it is the amount you can afford to lose without taking a major hit to your finances.All the best.
Yes, 1000 usd is okay as long as you keep the 1 - 2% risk management rule. How you manage your fund is what matter, whether big or small.
Yes, it’s alright. Most small and beginner traders start small so that they can be safe from big losses that they cannot afford.