How Much Do You Need To Invest In Forex.
Messaggi: 6
Member since: 07/12/2013
There is no rule about the number of shares an investor must buy. If you can afford a single share (plus commissions), a broker will get it for you. As a matter of fact, through the Monthly Investment Plan you can buy a fraction of a share, although the Plan requires a minimum investment every month.
To invest in the Forex, you will probably need a float of around $400 and invest from $1 to $10 per pip to start with, then reinvest your profits.
So there is a much smaller outlay required to invest in Forex, although it is more speculative.
Messaggi: 47
Member since: 13/09/2013
How about $100 deposit?Is this recommendable for newbies who are still learning live trading?
Messaggi: 84
Member since: 12/10/2013
Messaggi: 42
Member since: 06/11/2013
Yap i believe $100 is an ideal amount.
Messaggi: 41
Member since: 07/11/2013
Yes its also good to start with the amount of $100.
Messaggi: 14
Member since: 30/07/2013
EURUSD traded today I opened my position by selling when the price was 1.37892 and all indicators showed a downward trend, I checked the exponential moving average, stochastic oscillator and the Commodity Channel Index (CCI 50) When the price reached the take profit order was closed and I made 217 00 pips in trading Forex online. but other strategies or techniques that can advise me to learn a little more?
Messaggi: 45
Member since: 06/11/2013
Originally posted by MargaretLekkerEURUSD traded today I opened my position by selling when the price was 1.37892 and all indicators showed a downward trend, I checked the exponential moving average, stochastic oscillator and the Commodity Channel Index (CCI 50) When the price reached the take profit order was closed and I made 217 00 pips in trading Forex online. but other strategies or techniques that can advise me to learn a little more?
" />
Traded with USD/JPY & EUR/USD today (GBP/USD was a little slow), i found both these currencies are range bound atm, i did a little range-trading and got a sneaky lil profit, it also allows a margin of error if you traded the wrong way at first because its ranged trading you can predict the direction and how far in that direction.. i used icihimoku cloud and MACD + some home-made trend-lines :)
Hope this helped!
(PS. i dont think $100 is the strict ideal amount, it is between 100-200 in my opinion... higher deposit gives you more numbers to play with)
Messaggi: 41
Member since: 07/11/2013
Thanks for your opinion I hope it helps.
Messaggi: 21
Member since: 08/11/2013
I can say that $100-$200 is a good amount to start with.Thou ofcourse for newbies we cant be sure enough to gain profit immediately so newbies would rather not expect a return for investment for a start but to experience what so called actual trading.
Messaggi: 47
Member since: 13/09/2013
Originally posted by gracebI can say that $100-$200 is a good amount to start with.Thou ofcourse for newbies we cant be sure enough to gain profit immediately so newbies would rather not expect a return for investment for a start but to experience what so called actual trading.
Maybe you could just consider that deposit as your learning fee in live forex trading. or start live fx trading with a money you can afford to lose