Do you need money to start with Trading?
Do you need money to start with Trading? One of the most mistaken questions i ever experienced in Trading. People who want to sell their products on your good-will and belief say: "You dont need money to make money on the stock markets!". Well, that is kind of right, kind of wrong. And i will tell you why! First: Why is this true for a certain idea? On stock markets, you can create a trading account with nearly no money. Brokers start to give you access with $10 to trade CFD or Nano-Lots, the smallest form of Forex-positions. So yes, you can start with these $10. And you can make money with it. Of course it depends on your Trading skills and your strategies, but even more on your risk-willingness. If you stick to certain risk-management systems, most of them will not suggest that you risk more than 5-10% of your account, which means: $0,50 to $1 per Trade. As you can see: You can make money, but about $1-2 a day, when everything runs perfect. But if you want ...
