HOW MUCH MONEY DO I NEED TO START TRADING FOREX
*Minimum Investment for Forex Trading – Why Is It Important?
*Start Forex Without Sufficient Capital
*Forex Trading – How Much Money to Start With?
*What Makes a Good Risk Management System?
One of the biggest problems facing the Forex retail trader relates to how much money needed for Forex trading. A proper answer to this question is not an easy one – it deserves special attention.
Different factors come to the equation. For instance, the trading strategy involved. Or, the expectations from Forex trading.
Some traders prefer to jump in and out of a trade quickly. Called scalpers, they aim to trade each single market move. For them, small amounts of money to “play” the market are enough. However, being consistently profitable using such strategies is a challenge.
Other traders prefer to keep positions open for a more extended period. Swing traders, as they’re referred to, they need more capital for available margin because the swing strategies used to require a wider stop.
Investors, on the other hand, tend to keep a position open for a longer time. Often, they trade ahead of the curve, right at the peak of the business cycle or before contraction ends. To sustain such long periods until the market turns, investors require large amounts of capital sitting idle in the trading account.
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