What to do when you know how to trade but don't have money to start

Beginner Questions
1

Well, in this situation, there are two options.

One: Register a micro account with a broker that offers it and deposit as low as $100. Trade 0.1 lot and compound.
Two: If you don’t have money to start, find a broker that offers a no deposit bonus. Some brokers even give $100 no deposit bonus for you to start, (offshore brokers are very good at this). If you are a wise trader, you can take advantage of such bonuses.

This is the best answer you’ll get when it comes to the answer above.

2

Thank you for this post. I have only seen one broker that gives $100 no deposit bonus once you open an account. You can find a review of this broker at Review - ForexSanity. This is good for newbies who do not have any fund to start trading. For those who have at least a $100 to start trading here is a useful post: 301 Moved Permanently

3

just a thought: if you already know you can not afford to open a trading account, then why waste your time in a counter productive manor learning the basics of trading. Also, let’s be honest, nobody knows how to trade until they have opened a live real account. That’s like saying you can walk before you can run…

4

I can do 2 things either I will work with mini or micro accounts where investment limit is low. It will sharp my learning and skill because I will remain in touch with real market. The second thing I can do is the usage of onus amount or I will use forums bonus for trading from which i can make some small profits.

5

What do you mean by forum bonus. Is there any broker that really gives a substantial amount to begin trading. Don’t give me those forums where you’ll have to post your hands off before you get something good to start with.

6

I heard that MT5Forum offer forum bonus. But never tried them by my self

7

What to do when you know how to trade but don’t have money to start?

Get a job and open a demo… learn and earn before venturing into any live trading.
Like it or not you need sufficient trading capital.

8

I think this is just terrible advice to any trader. You should never rely on a bonus to start with and you need sufficient trading capital. Your suggestion is counter-productive and no wise trader accepts a bonus to get started.

9

Find a contest that its prizes are trading money or find a job in Forex industry.