it’s because of the leverage on the account and how it works.
when you gave this scenario [quote=“GLTrader, post:1, topic:137154”]
why will you be more successful with $10 000 or even $100 000? Will you not make the same mistakes just in a much larger scale?
you left out a lot of things in consideration.
now. if it was just about scalability, you would be correct, BUT IT’S NOT
so… long story short, it’s not advised to start with $100 However you can try it with a $1,000
if you start with $100 you will probably find that given the min lot size, you won’t have enough money to finance a trade and the amount of pips you need to set your stop loss at, which would otherwise be normal
if you however start with $1,000 you can pull off moves that would be normal, that’s the difference