uncle gober

To start forex we don't need much capital as starting, you can even start with $5 only and then start to compound your earning here and gain more and more profit from each previous trading, with bigger money you will earn bigger profit too, only if you know the right way to manage your trading.

Yes we can start from $5, even with no deposit at all

But it is not easy to do compounding, requires extra patience and discipline to it. Unless with armadamarkets, we could not do it because the minimum deposit is $ 25. I use this broker because I like to spread.

Making Consistently Profit in Forex? Try this step :

1) Focus on trading, not just on making money

2) Learn that NOT trading is part of the game (Being out of a trade is a position)

3) Become organized and disciplined

4) Take a longer-term view of what “success” means

5) Develop a strict daily trading routine to develop positive trading habits

Yep, for me forex is a business, so I treat it carefully, thoughtfully

I wanna make trading for living. It is not easy, but if we always work hard, we can make it.

Anyone here using armadamarkets? I am using it right now.

This broker offering the lowest spread of the world. Armada Markets is a partner of LMAX. Armada is registered as a foreign exchange and metals broker by the Ministry of Economic Affairs in Estonia, a member country of European Union and the Eurozone.

I think we can't eliminate all the risk. On forex, risk is a part that can not be separated, the only way we can do is to manage the risk. We can minimalize the risk by more understanding about the market, more disciplinefor sure.

Forex is a business. We can built a good career here. One of the most important lessons for you to learn early in your trading career, is that successful trading requires you to not only be able to correctly interpret a forex chart, but once you have indentified a specific trading opportunity, you must completely “believe in your trade”.

I think in forex trading, loss is a certain but profit still a possibility.

I am sure we can't ALWAYS make a profit at Forex in every trade. There are too many non-predictable events that can impact the market on a daily basis. It is the nature of the market that you will have some days with gains and some days with losses. But if we can discipline, patient, we can make weekly or monthly accumulative profit

I think the most mistakes from newbie is they don't understand the real risk fromforex trading. They only knew that forex trading is a high return business.