Forex: How much money should I start with? | Forex
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Join my FREE live room here! https://telegram.me/Motivfxbroadcast Many forex "gurus" will show you how to flip a small account using high leverage or high pip values. don't BELIEVE the hype! This is how much you should be starting your account with. www.motivfx.com
Comments
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Man talks sense
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Could you suggest starting a 100$ account wih pip at 0.50?
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hi drew how can i get ur 1 on 1 help just feel like i need a great mentor plz hit me up if u can help me in anyway thanks. smitty.t@icloud.com
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how did you work out how much 1 pip is or is a pip just $1?
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I just want to know where can I go to learn this step by step before I even go into a demo account do I need to read certain books or just learn from a broker/mentor?? I'm just saying I need to take baby steps because ive heard plenty of time trading is not for everyone and I hear people lose more money than they actually make so whats the right approach to it?
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Cheers mate,nice video for sure. Have one question for You,just to see if I got You good. If I have a 1.000 $ account,my stop loss should be 3% of my account so that I follow rule of not trading more than 3 % of account? I'm having some trouble figuring out account percentage which I should risk. Thanks in advance...
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great video m8 :D hey if i wanna get 30$ a day how much money do i need to invest and the lowest pip i can get to 30$? i have full time job what do you think? thx in advance
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i can tell you actually know what you're talking about and not like the scammers I'm definitely going to start trading soon
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Can you mirror somebody's account? Say a guy is doing good in live trading can you run a duplicate trade scheme and just follow that guy and make the sane trades? Like betting on a player at a poker table.
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Trading without indicators makes good money. Never use forex indicators!
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Great videa
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I know you said only risk 3% per trade but does mean only 1 trade per day then if the 1st trade is a loser and lost 3% already? Sorry if this is a dumb question...
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If I start with $2000 in forex what leverage should I put 1:100 ?
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I have traded $20 to $200 in ~2 weeks on XAUUSD. My strategy then was using the Bollinger Bands on the 1H and 4H charts.
I am now trading up from $11.23 cents with another broker. I am currenty in profit of $64.32 that's a balance of $75.55. Currently trading the EURJPY, using raw trading or just support & resistance.
Micro lots :) -
Awesome video bro
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i want to know if you have website. i can read. i want to start trading fx next year. i want to learn more and practice more before i will go live. i like how you teach us how to manage risk 3%. wow thanks man.
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Great great video! Money management is the little known / used holy grail of trading. I prefer 2% risk on the whole account any time, probabilities being what they are. Now add the use of long term (daily and weekly) charts and mastering the phycological aspect of trading.
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what's your email bro?
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Great video
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What are some legit trading academies?