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No, it is not compulsory, you can also play with a negligible amount also. If you want to clarify all details and queries, it is better to go and learn from the websites like Forex Times - Forex Updates News and Currency Trading These sites definitely learn you and solve your queries.
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Unless you are playing in a micro account, it is essential that you properly fund your trading account. The more you deposit, the lower your risk becomes and you can use better Money Management.
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Earn 1/2 pip rebates at RebateFX http://www.rebatefx.com |
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yeah it is really not compulsory.. You are the one holding your money and it would be your gain or your lose if you wouldn't manage it properly.. So if you are a starter, better to invest on a micro account...that way the risk is not that high..
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In forex trading, we should make pips..and not money..if you simply want to get a lot of many you should have a very big account. And this is not good for your health.....let's make big pips....he..he..
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Well I guess you should have to learn Money Management.. that way, you know how to control your losses and your risks.. If you learn how to control it, then you will have a chance at being profitable.
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Forex Trading Strategies Last edited by Btrader : 12-04-2007 at 12:13 PM. |
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