How much money do you need to trade in forex

How much money do you need to forex trade - Benefit of this route is that a well-taught class or great mentor can significantly shorten your learning curve and get you on your way to profitability in a much shorter amount of time compared to doing everything yourself. If you are unable to start with a large amount of trading capital that you can afford to lose, be patient, save up and learn to trade the right way until you are financially ready. Hear about traders all the time targeting 50%, 60% or 100% profit per year, or even per month, but the risk they are taking on is going to be pretty similar to the profit they are targeting. If it is more logical to place a stop loss 25 pips away from the entry price, then take only two micro lots to keep the risk on the trade below 1% of the account.

HOW MUCH MONEY DO YOU NEED TO TRADE FOREX? (Trading Capital Requirements)

One of the most popular questions we receive is about trading capital. In particular, new traders want to know how much money ...