I am totally disagree on this. people can start to learn from as low as USD10 account, a lot better than demo account. Starting is not about getting profit, it is about survival and learning technique then only you start to think about getting profit.

Demo account i could earn a lot mang. Can even make 50% profit.

When i put in money inside, real money, about USD600. I blew up the account in just 2 months time. LOL

I am now starting to relearn again. And trade from the balance USD4. I read a lot trading books when i got time. I don't see the need for me to keep on pumping money inside when i am not ready yet.

I am a loser, but i will improve and become a winner one day.

To those of you underestimate USD10 account. If everyday u can grow it by 3%. tell me how big can tat be in 1 year time.

3% increase in forex is easily achievable with the right mind and technique.

Hmm i don't know about others but i think USD500 is more than enough for a start because

no matter u r starting with a USD10, USD500 or USD500,000 account

if one didnt learn the survival ways in forex, it's gonna blow anyway. So why not start small? I assume people want to put in big deposit so they can earn big fast money, which is wrong.

Hmm just my 2 pips. i am a loser anyway. I have blown a USD600 account, I regret that i keep pumping money into the account when the most important thing i should do is pumping knowledge into my brain. i should have just learn to trade with the remaining balance long ago.

Hehehe problem with human nature, when you got big account, sometimes if the trend move opposite our trade, we might 'revenge' it by placing more contract because in hand we got a lot capital. or some people call it 'sai lang' or show hand'. We all have greed, thats why we are here discussing trading. So no matter small or big account, is still the same untill we realize and change. hahaha. Well it all depends on dicipline i guess. But for starter, one will not know his own behaviour and weakness untill one start trading. So why not start with low capital first before putting in more? If one can't handle a USD10 or USD100 account, how can one handle a USD5,000 or USD50k account?


So why demo account don't work for me? human nature. Free things we take for granted. LOL. We have almost no emotion threat when playing demo account. Hey it's fake money. Just dump everything in. LOL. If own money, sakit hati mang.

been stuck with EUR/USD pair since last week friday nite. LOL itchy hand go masuk sell order when i should have turn off the pc and sleep after meet my daily target. LOL somemore stupidly go revenge, place more sell order. Since monday no more capital to play because dun wan to close the trade(I am expecting it to fall to 1.410 range).

This post has been edited by NINJIAO: Mar 23 2011, 11:01 AM

Yeah, theres so much to learn in Forex. Hhahaha but sometimes really need the dicipline. Know it is wrong but still countinue doin it. hehe. Been telling myself not to revenge when the pairs move unflavorable. but a lot time, the revenge reflexes kick in. then after 15-30min will be like "OMG what have i done". Hahha.

but luckily now play small small. use back last year sisa sisa baki of USD50 je. hehehe. Now got USD98 in account.

I think i'm gonna make an order form templete. Whenever i need to place an order, i will fill in that form. hahha. stating when, why, how much, stop loss and take profit and etc. To counter my 'revenge' sickness.

But still got USD600+ previous year relised lost.

Lol long way to get back that lost.

EUR/USD Still goin down down down. curently lowest 1.4160.

Huhuhu. will it hit my take profit at 1.4104 tonite? huhu let see.

LOL yest i have laught of my life,

I was looking at 15min chart for usd/jpy. Then I saw some opportunity there so tot of making some fast hit and run. so fast fast place my order.

Then waited there for a long time. Movement still range from 2-3 pips only.

after 2 hours, really cannot tahan d.

Then i see the daily chart. OMG. What happen. Look like a straight horizontal line. Hahahhaha. Then i just put take profit of 3 pips and this morning i check, yeai 3 pips profit. hahhaa. So yest nite for usd/jpy pair, i made 3 pips. the 'hit and run' turn out to be 'hit and sleep'. i was holiday for like 1 week mar. no do trading.