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How much capital is needed to make forex for living? in General Forex Discussion_67f83ac065b44

How much capital is needed to make forex for living?

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Before having a large capital, the ability should first be improved. Big capital is needed for trading for live, but if we can develop capital it will be even better.
#991 - November 01, 2020, 04:33:04 AM

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Trading for living requires a relatively large amount of money, so traders must prepare enough capital and money that can be used to bail out something bad.
yes it makes sense too, but even if you want to work full time as a trader you just need to learn and prepare enough capital, it doesn't need to be big because it's useless if you don't know how to work in forex
#992 - November 02, 2020, 11:45:48 AM

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In my opinion, trading for living requires relatively large capital, for the amount we cannot determine with certainty because every trader has varying capital needs.
#993 - November 04, 2020, 01:13:11 PM

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I can personally say that you can trade for living with a minimum capital of $ 10,000, but the progress of today's brokers we can use the fore copy facility for trading for living with small capital.
#994 - December 31, 2020, 05:45:38 AM

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To do trading for living in general, traders need large capital, so apart from being calculated and adjusted according to their needs, traders must also have savings or other investments to recover losses in the event of something unwanted.
#995 - January 06, 2021, 04:22:27 PM

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How much capital is needed to make forex for living? in General Forex Discussion_6803a6c52eb12
#996 - Today at 12:17:09 AM

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In my opinion, the capital range of $ 1000 - $ 2000 can meet the needs. maybe in some other countries that much capital is still small, but in my country this capital is already included in the standard trading for living.
#996 - January 19, 2021, 08:01:32 AM

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Trading for living is something that requires a lot of preparation so if we are not ready then trading will be difficult, including the capital used in trading for living.
#997 - January 21, 2021, 07:38:46 AM

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The average capital required by a living trader is usually $ 100,000 and that too only uses a very small lot in each transaction.
#998 - January 28, 2021, 01:04:51 PM

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Capital depends on the class of trader, ideally it must be different. for professionals, they definitely need more capital, which can reach millions of dollars, because the trading methods and calculations are different.
#999 - February 07, 2021, 05:20:57 PM

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for the start, you should use a capital of $ 100 with a maximum lot of 0.01 or you can just make cents, this aims to train your acumen in analyzing the market and complying with MM in the application of the trading system
#1000 - March 01, 2021, 12:00:56 AM

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for me the most sensible capital for trading for living is $ 10,000 because with that much capital we can trade casually because the percentage of profit we will receive will also be quite an amount
#1001 - March 01, 2021, 03:32:15 AM

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of course everyone will be different in value, but for me $ 5000 is enough
#1002 - May 03, 2021, 11:27:13 PM

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In order for us to be trading for living we have to trade for training first. Because a successful trader must have an unyielding attitude. All businesses have their respective risks without exception for forex trading. There are no traders who have never failed. So when you experience losses don't despair especially decide to stop from Forex trading. Rise up and learn your mistakes so that they don't repeat the same mistakes in the future. To become a successful trader of legal illegal to give up easily. Because success is not achieved as easy as turning hands but needs hard work. Especially when you are in a sandwiched position. Stay calm so the step taken is right on target and don't hesitate to stop loss when needed. Important emotional controls have every trader to prevent you too greedy so that it acts without thinking. Also avoid excessive fears so as not to limit you in determining trading steps. Then successful traders must admit the mistakes they have made. Learn your mistakes so that it is not wrong to step again on the next trading transaction. If you always consider yourself right then the arrogance you have will easily destroy the profit foundation that you are getting up from forex trading. One key sukes in Forex Trading is discipline, starting from making trading plans to run it as a rule that you must fulfill. Every execution should not be done with doubts, but must lean on the trading plan that you have stacked hard. A trader should focus on the process done, not on the target. There are times when we lose big but don't be afraid, because it's normal in trading. As long as we run trading plans that have been tested quality, rest assured that several times the loss will pay off with a greater advantage.
#1003 - May 17, 2021, 04:29:25 AM

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in my opinion everyone will definitely be different nominal, but if you want to be safe and comfortable around around $ 10,000.


#1004 - June 01, 2021, 06:22:23 AM
« Last Edit: June 01, 2021, 10:30:58 AM by Admin »

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in my opinion the most ideal capital is between $ 8000 to $ 10,000 with a target of around 5% -10% in a month
#1005 - June 02, 2021, 10:46:26 AM

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