Interview 2: How Much Investment Do I Need To Begin Trading?

Andy Elaborates on the Forex Market

Category:

Education

Tags:

• Fx
• Money
• Map

[sang3Eta]

@BSSMDBS Don't use 1:100 leverage. You think you're risking £1k but you're probably risking your house! The casino won't let you play unless they know you have some other assets like a home. If you have a big loss they'll come after it.

[G5ive1]

@KungFuChess The pause and facial expression are due to the spokesman attempting to comprhend that which is being said on his speakers, in reference to the market (News) possibly. watch again.

[DickSeng]

@BSSMDBS I dont think so. The trade will automatically close. But you are seeing in the wrong way. Its not one trade that will give you the money. It is over a 100 trades with net wins that give you your profit. Put 1-2% per trade. If you average 10% a month, year end your equity would be approximately 300%. This is not a quick get rich game but rather a business.

[BSSMDBS]

Hi, could you tell me how much you could lose in spread betting if you put £1000 in to an account with a ratio of 1:100. Is it possible to lose more than the initial £1000 deposit in one trade if you used up all of your leverage?

thanks

[CDPuffer]

I look at is as playing poker. Yes, you can loose your shirt if you don't know what you are doing but you can also learn how to play the game. There are professional poker players and professional traders, there aren't any professional slot machine players. You can learn to play the market like you can learn to play cards.

[Gafnndotcom]

Great video also check gafnn dot com

[KungFuChess]

I like that blank look on his face after he catches himself saying the word "gambling"

[peruface]

Only trade about 3-1, and only risk 2-3% of Your capital