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Investment Forex Version 21, Foreign Exchange Market Discussion

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dwayne817
post Jan 10 2020, 02:40 AM

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From: Kota Kinabalu


Hi can i know minimum how much i need to deposit to start the game? Want to know if FBS is eligible for any amount or how.. Sorry is been long time 5 year i didnt touch forex.. thanks all the sifu..
dwayne817
post Jan 10 2020, 05:56 PM

Getting Started
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Junior Member
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Joined: Jul 2010
From: Kota Kinabalu


QUOTE(TradeMinim @ Jan 10 2020, 11:05 AM)
It depends on your goal

- If you want "live practice" $100 would be sufficient, don't burn cash when you aren't profitable yet
- If you want to make $500 per month, evaluate your trading system first, how much does your
  trading system generates? If your system can make 100% consistently a year, you'll need $6,000 capital.
  If it's 20% consistently per year, you'll need $30,000.

Find your GOAL first, then depending on what your goal is, form a system that are able to achieve those goals. Most people do system hopping because they don't understand what they want, they just want quick and easy and just to earn money, You want a stable 20% return a year system? or you want a system that can give you 20% every month.

Form a system that fit your goals, back-test and get 5 years of data to make sure it's profitable
only then you determine your deposit amount.
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Alright thanks for the good advice. I hope i can stick with one system for live practice.
dwayne817
post Jan 10 2020, 05:57 PM

Getting Started
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Junior Member
86 posts

Joined: Jul 2010
From: Kota Kinabalu


QUOTE(demolationz @ Jan 10 2020, 02:01 PM)
FBS minimum as low as 1$ .  smile.gif
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oh really? But the profit for 1$ will be awful.. xD

 

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