can help you put into perspective what would be necessary to turn 100 in assets into 10,000 within one year. Lets assume for a moment that you move forward with your plan to start trading Forex with 100. A Better Question In the last section I examined whether you should take a brokers offer to start with just 100. If you open a standard account, you will likely still be able to trade mini or micro lots if you so choose. These are huge investments, but keep in mind that the daily trading volume on the forex can range from 2 trillion to 5 trillion depending on periods of volatility. Registration of the account in 30 seconds. Title_success scription, account number, password. Many brokers accept amounts as low as 10 and in extreme cases just 1 will get the job done. Now assume that instead of 100, a few large investment banks make trades with the same 464 percent daily profits, reinvested daily. If these big banks had the same 464-percent daily return needed to produce a 9,900 profit on an initial investment of 100, how much money would they have at the end of one year?
Nor am I saying that your broker doesnt or wont offer exceptional service. Many of those brokers also provide up to 1:1,000 leverage. Remember, everything is relative, so any trading performance should be measured by percentages and ratios rather than dollar amounts or pips. Combine that with a 1 minimum deposit and they have created a ticking time bomb for the unsuspecting trader. But my experience tells me otherwise. At this point, youre feeling on top of the world. On the very first day of your newly funded account, the eurusd forms a bullish pin bar at a confluence of support. That trader starting with 1,000 is also less likely to make emotional decisions because they can afford to lose. Moreover, if you have 1,000 that you can afford to lose, it means youre less likely to make emotional decisions. Text "Join" to (save this number in your phone's contact list). Scared money is not an option The reason I shy away from telling someone to begin trading live with 100 has to do with financial security.