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HOW MUCH MONEY DO YOU NEED TO TRADE FOREX? (Trading Capital Requirements)

2408 ratings | 101724 views
One of the most popular questions we receive is about trading capital. In particular, new traders want to know how much money you need to trade (forex). In this video, we go through our own thoughts on money management, risk management and how much money you need in a trading account as a minimum to be able to execute sensibly. ================ JOIN US TO LEARN TO TRADE FOR FREE: http://bit.ly/DuomoInnerCircle ================ SUBSCRIBE FOR MORE TRADING VIDEOS: http://bit.ly/DuomoYouTube ================ GET OUR FULL ONLINE COURSE: http://bit.ly/DuomoCourse ================ SOCIAL LINKS: Website: http://www.duomoinitiative.com Facebook: http://www.facebook.com/duomoinitiative Twitter: http://twitter.com/duomoinitiative Nicholas Twitter: http://twitter.com/nikipuri Instagram: http://instagram.com/duomoinitiative Email: [email protected]
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Text Comments (327)
Traders, this video is talking you through an example calculation. However, if you want to be more precise with your own capital, you will need to spend some time collecting data from your own demo account trading. By doing that, you can figure out what your maximum stop loss is expected to be (as an estimate for the calculation) and put the number of opportunities you are likely to get into perspective, so you can understand how far your capital is going to take you. If you fancy watching another video, why not watch this one next: https://www.youtube.com/watch?v=J1QTzlbkyZE
Max Lee (14 days ago)
Where in the Uk are you ?
Ray Ryan (8 months ago)
+Larry Tk How is your trade now? Did you make much more money? I'm a poor man, and literally can't afford more than $100, even with this is quite hard for me to let go. Even if it's take quite long time, if it's profiting, then it's not waste of time I think.
Dontéx (16 days ago)
$12,250???😮...damn😶😑😔😥
Mind view Academy (21 days ago)
You better look like Hollywood actor not trader..I think you should try for marvel series..Nevertheless your views about trading is very nice..keep it up
Carrie's Love (25 days ago)
my God ,how I wish to trade in Forex soon :(
JoshMattingleyMedia (1 month ago)
I use signals. I've been following the trades for around 20 days and have made £180 from these signals in a £350 account. I have been using 0.01 lot sizes and have still managed perfectly (around £3-£4 per trade... Not 60p). Obviously my understanding is limited but I do believe if you are someone like me (a student) who is looking for some kind of extra money/money to compound then I don't see why it isn't possible. I do understand the video but I also think that people who wish to gain only small returns like I have been getting it is definitely worth the consideration.
Im Dumb and I said (2 months ago)
Very on point, especially the psychological part when you trade small amount. It will be a waste of time and you will always end up losing all capital like it is nothing. 10k is a legit amount to start with, but only trade it if it is your excess money not for paying bills.
Im Dumb and I said (2 months ago)
+Regena Paquet there is no 100% profitable trade, trade is a game of probability, find youself a trading edge and trade smaller amount each time. Play it defensively instead of offensively.
قناتي (2 months ago)
first of all thank you very much for your effort and great content second please correct me if im wrong if i have 5000 dollar account and my maximum risk is 1% 50 dollar , maximum lot size is 1.00 and my target is 100 pip witch is 100 dollar, then i will be in the right side or should i do some adjustments
icon (2 months ago)
just tell the dealer "ALL IN." oh wait no wrong game
Derrick Barker (3 months ago)
Finally a guy that says you can start an account with $100
ItsRauben (3 months ago)
This hurts to hear this lmao I dont understand how a 1K GBP account cant work ?Obviously not making millions but maybe like 20-30 GBP a day ? Then you slowly grow your balance? Am I missing something here ?
FANKI (3 months ago)
One question that occurred to me during the video. How would you take leverage into this calculation? Would you just multiply the overall account balance with the leverage factor or how would you do that?
Mack Joseph (3 months ago)
1250 is reasonable and trading 0.01 is like that plus you can waste you time trading it
Wavemaker (3 months ago)
0.01 lot is actually very good for beginners. In this case, the beginner can lose longer and can learn more since he is trading longer. He is also learning the forex market the cheapest way. Beginners are expected to lose anyway so better lose the cheapest way possible.
ags noufal (3 months ago)
Thanks from Alappuzha Houseboat
Cristian Micu (3 months ago)
right on point 100% correct i would like to add tho, a negative aspect of trading small accounts coupled with minumum trade volume requirements of your forex broker if you have a small account and go for 1% per trade, you might find yourself unable to trade larger time frames like daily , because the daily range of a pair is greater or sizeable with your stop loss nice video , ty
Evan Barth (3 months ago)
You can risk 1-2% per trade with 500. Did your broker not offer micro lots or something? As a beginner, you’re going to lose a few accounts. Best to keep it small until you’ve proven consistency. Thanks for the content! Keep it up 👌🏼
ismail belli (4 months ago)
i saw some trading teams turning a 1000$ trading into a million $ in around a year or so .. i think if you work in a team of traders you'll do less work and get better results
Khol M (4 months ago)
With risk management you can start with even £250.
Miguel Fernandez (4 months ago)
You just described my past experience 100% that brought me to make the same conclusions made in this video. I learned them the hard way too. I would strongly recommend this video to any new trader.
ALL IS HERE (4 months ago)
Bro. can u start live trading ?
Gregory Peterson (5 months ago)
You can trade micro lots until you build up a larger account.
David Newman (5 months ago)
I did some calculations a few years back. Yours sound pretty closed to those figures. I calculated, that to give up your job and become a full time trader you'd need around £500,000. You'd probably average 15% a year in profits, if you were any good, and would allow for a bad year or 2 and still stay in game. It's probably better to trade part time along with your day job and use compounding interest to grow your account. I think phycological, having the pressure of relying on your trading profits as your only income, would probably be enough to start coming away from your trading plan. Especially if you had long period of drawdown. Great video........it really gives a realistic view of home much you can draw from the markets.
FinalKill Dangel (3 months ago)
Omfg that is a lot of money.... in POUNDS Edit: better change the country in other countries you can do really well with less, for example 100000$ are more than enough for me
Muttaqina Sanzida (5 months ago)
Investing money with a regulated and licensed broker is one of the most important tasks of a Forex trader. Because there are more thousands of Forex brokers who don’t have any trading license and are not regulated. But Forex4you is one of the top rated brokers who have regulation and license from the Financial Services and Commissions. For their security and customer service system I like them most. They also allow all types of trading techniques.
Chris Chapple (5 months ago)
Your brilliant Nicholas thank you for everything you are doing for us and have a happy Christmas 🎄
Ali Olusola (5 months ago)
What's the best broker for trading
BabyUcon (5 months ago)
I use Tradersway
simon makuno (5 months ago)
I like this video, It's the painful truth
Just Jesus (5 months ago)
I died at 6:47 😂 peanuts into a mansion! Love the vid
Spitfirebattle (5 months ago)
NIce video, as usual, but I personally disagree on your considerations on the 0,01 lot trades. Open a small account, trading 0.01 lots gives you more learning than opening a 1000000$ demo accout. You may have to trade 0,01 lots for a year, sacrificing your time, but: is there anything that comes without effort? let's say you deceided to go to university to get an high salary job (you are not fit for tradidind because you need a fixed income, but this is out of topic) you will invest four to five years without earning and paying the fees, way more expensive that trading little amounts for as long as you need until you learn, but this is just my two cents...
eternalreflection (5 months ago)
He's saying 1250 pounds...which doesn't sound to bad!
Kelvin Keter (6 months ago)
Bro if you didn’t make profit with 200$ don’t expect miracles to happen with 2000$. Just tell the people that you need to learn what you’re doing and don’t get into a risky account
Yuan J Chong (6 months ago)
In my opinion, high probability trading setup through chart screening in 4h&1D time frame (required technical knowledge). To Command Risk Reward Ration min 1:1.5 through calc pips to lose and realistic SL / TP (via support/resistance). Using how much pips to lose over total account balance to determine position sizing and ensure remain your risk appetite per trade say 1%-8%. Above all, please do not use leverage more than 1:50. The gist is, you are managing calculated risk with discipline and execute with peace of mind because you know what you are doing and how much comfortable you dealing with risk in trading. You'll see the $$ flows in sooner or later, but only for those who have perseverance. - YJ
FM Trading Strategy (6 months ago)
I can feel you... True Trader say things true and have self reflection.
BenZoneOfficial (6 months ago)
If I am able to throw 40k or even 10k pounds to a platform that doesn't guarantee a profit specially as a beginner that means im rich enough waste money and time in trading. So this tradings is just like past time for wealthy businessman.
As a beginner you should be using a demo account. Once you know what you are doing, taking calculated risks to earn money is just part of life - nothing guarantees a profit!
Dumane Daley (6 months ago)
You are so right, I've been going through the same process you describe. Trading too small an account, burning it out and depositing as much as I can afford every month. What your saying about saving it up and putting together a descent pot of cash is what I've been trying to convince myself to do. Looking at all my losses? I've really lost alot, had I saved up that money I could have a really good stack to trade from. Tiny accounts are really a waste of time. You don't have much connection to the money, the returns are unattractive and feel like nothing. You just want to be trading all the time to grow the account, and anybody who has been trading for sometime that's a recipe for disaster. Thanks for doing this video. Really helped to straighten my perspective.
Westsideguy (6 months ago)
Curious if you take on clients? I pay you to show me how to trade, in person? I have a lot of the fundamentals, understand price action, and have been trading paper-accounts for a while. I feel a good teacher would help the learning curve. I’m leaving a successful business to pursue trading (which is something I’ve always wanted to do. What do you think?
rob camp (6 months ago)
Well done on this good info. One of your best yet. ADVISE people watch this twice.
Santi Carzola (6 months ago)
Don't we go by Lot sizes??? why does it have to be a standard lot in all these videos?? Yes a standard lot offers $10 per pip, but one can start with a mini Lot even though is $1 per pip with a 40-50 pips daily target...sorry maybe I am missing something but starting capital is always a factor in any investment and some of us are just aiming for a passive income. Saving 40,000-50,000 just to start trading is a buzz kill
Stock Pumpers (6 months ago)
it took me a few years to learn this lesson, if you're serious about trading you will save at least 15k before you trade and you will learn while you get the money or you will blow up small accounts until you realize that you need money to make money. Finally im starting next year with 20 to 25k to give myself a real chance at success. Don't waste your time and give yourself a real chance at success if you wanna give your money away feel free but what he's saying is very true. In fact if I ever were to trade forex I would come to him for sure just because he's the first person that doesn't say " with 200 you can be a millionaire bullshit talk" Same thing when you go to fix your Iphone X and they charge you $250, you think apple builds a 1k phone with 30 bucks in chinese parts? same thing with trading. Treat this as a business not as your personal gambling addiction
Aka Neymar (6 months ago)
Can you please send Me £12,500 So I can start trading?
Mwansa L. Matafwali (7 months ago)
Oh no... 😖
Jasford (7 months ago)
Im a very poor kid right now, I have about 1 grand to my name and barely make any income, this money has taken me ages to get and I wanted to be atrader, I went to a beginners workshop seminar for trading hosted by "learn to trade" they were good at showing some ebasics but then offered a 7k course and it was all a scam and said i can make it as a trader starrting with just 500 pounds alongside their course, this guy is aweesome, love his content and he gives actual answers not bs fluff that doeesnt even mean anything and doesnt ive answers, just leaves you with more questions, love you bro
Jasford (6 months ago)
+Santi Carzola wow good choice, they aree a bunch of money grabbing thieves, which city did you attend? I was at the one in liverpool
Santi Carzola (6 months ago)
I was at the workshop myself...once they said the course was £7000 I just walked out
malthus101 (8 months ago)
I just started going live on stocks and began with a 1% risk profile. After losing many consecutive trades, I have brought it down to 1/8th of 1%! (about 12.5 basis points) Feel much better now and can trade live while preserving most of my capital for when I finally get the hang of it. 1-2% should be your risk AFTER you have become consistent at making profit and growing an account for at least 6 months I would say.
Infamous Xpert (8 months ago)
lmao im trying to trade with 5 dollars on 1.3000 leverage interest rate decisions will get me to 50 road to 1250 from there
xy double helix (8 months ago)
thank you.
Vuyo Sidinile (8 months ago)
Thank you for being honest.
Alan Haynes (8 months ago)
Bit of a blinkered view of trading for me, based solely on making 'Life changing sums'. Making £200 per month with a £1000 account is entirely possible. add compounding to that, and in 1 year you can certainly build to £9,000. This is risking no more than 2-3% on any trade. 1 year is pretty short term, continue to build for 2-3 years and you would comfortable be earning a decent wage.
Nero Okios (8 months ago)
so are you gonna stop your stop loss a little bit below 1% /$400... if thats the case youll get stopped all the time and youll just keep loosing $400 for no reason!!
Night24 (9 months ago)
to be honest you can start with only £250 and do small lot sizes like (0.01 - 0.05) then once the account grows you can do bigger lot sizes. it's more risky and it'll take longer but it works.
nPlatin (3 months ago)
Transaction costs
Rishawn Morley (9 months ago)
Night24 i agree
Bud Pierce (9 months ago)
Not .1?
Bud Pierce (9 months ago)
I like you but I don't understand pips and I don't understand Euro's .Can you change it to Dollars?
US Citizen (9 months ago)
Trade the best leave the rest.
Eugene Govender (9 months ago)
Brilliant video, extremely helpful for where I am in my trading.
AmpzTech (10 months ago)
Started with only £60 in a crypto account. Now making over £5000 per trade. Maybe I got lucky or maybe people just expect shit to happen overnight. I do think I started way too low and sure I was "gambling" on everything e.g. 50x leverage on some trades, but it has payed off. Idk this guy does speak the truth though. (Sorry if it sounded like bragging just wanted to give an example of successful trading with a "peanut" account :)
FinalKill Dangel (3 months ago)
Can you teach me?!?!?! I am interested in FX aswell and lost 4 accounts (I risked everything mostly but still lost them). I want to be financially free aswell
Ryan Coombs (10 months ago)
What trading platforms do u recommend? Uk
Michael Aslanian (10 months ago)
If I trade with .01 of a lot (10 cents per trade), then a 50 pip stop loss would equal $5.00 dollars, so $250 would be the minimum account size if we want to risk no more than 2% on any given trade. I don't know why we assume 1 standard lot on this video.
Mozzus (10 months ago)
good info man .. im trading cryptos at this moment returns are way better than forex + u can lose all your money in matter of seconds forgot to mention that, i really would liek to start trade forex as well ... as it is not so volatile as cryptos :D
B G (10 months ago)
Why forex instead of stocks?
Divine Campe (4 months ago)
+Arthur Smith's youtube channel Why forex over futures. I do not get it I day trade bonds and fond the Forex market to be absolute shit to trade. There is no central exchange the way the spreads widen so much force you to assume more risk. I see zero advantages in spot Forex over Futures. Futures have the leverage, are more regulated, and way more liquid.I can not even trust the spreads as most spot brokers have no DOM or market book. Also he just straight up wrong about needed more money for bonds the ZN tick value is 15.62 per tick at 500 needed in margin to control one contract. When i dabbled in spot forex day trading one little news event made the spreads go so wide in the spot market, now compare that the E7 euro futures which did not. It seems very corrupted to me and differently makes it an inferior market to day trade. Why trade something with less regulation and MUCH larger spreads.
leverage
Stevie (10 months ago)
Bruno Gonçalves because forex is cheaper than stock?
Bob's forex strategy (10 months ago)
Well, I agree my friend but the truth is that if you don't know what you're doing (when you're trading) THE LOGIC SAYS THAT there is no matter how much you risk because soon or later you will end up with empty account.
Neil bickerdike (11 months ago)
As long as your risk managment is on the ball you can start with £500 or less and compound it... before you know it you have way more..
Matthew Fx (4 months ago)
+Victor Tarimo you're asking me to be real after you come out with figures like that. lols. i wont be replying to you again. good day sir
Victor Tarimo (4 months ago)
Matthew Fx if you can consistently compound 500usd in 10 years you will have 524,288,000 milion usd, be real mate do you have a patient to wait for this..?
Matthew Fx (6 months ago)
+Cross8ow no one has the patience to wait 6 months to turn 500 to 1000£. Be real mate.
Aka Neymar (6 months ago)
+Cross8ow thanks
Cross8ow (6 months ago)
+Aka Neymar google compounding.. you let your earnings work, unless you need to live from profits.
Matt Klages (11 months ago)
Just a quick question. I understand that every trader is different with their goal preferences and Stop/Limit order, however for you personally, what percentage of profit do you try to aim for when trading. Just to give me, a newbie trader, an idea of what to shoot for as well.
I usually look for at least 3:1 on a trade, with no more than 2% at risk (usually below 1% at risk). - Nicholas
E2 theLP (11 months ago)
Not sure you'll see this comment considering how old the video is, but what about starting with less than the minimum but still make sure to stay within the risk guidlines explained in the video. Capital wise it's a waste of time, but at least if you can still grow the account consistently, you're developing a track record that you can show to potential investors in a year or two. If your method works then maybe that track record is all you need to get some 'real' start up capital, provided your system doesn't get into any volume/liquidity problems down the line
Absolutely, if you can stay disciplined with it then you can still generate money. From experience I've seen most people take risks that are too big with lower capital amounts, or just get fed up of the slow progress and give up. - Nicholas
Nicholas, my favorite Forex preacher, preaching the truth, and very realistic, that´s the way it is ! ¡ Saludos !
Shadhir Jannath (1 year ago)
Can totally agree with you bro!.. can agree with each and every word since I have gone through all what you said!.. like it or not.. very practical advise.. thanks and keep it up man!
Rufio MFZB (1 year ago)
Fantastic video! I personally started with a 3000 dollar account, but I'm still doing it as a hobby and compounding my profits until I know I can go full time. It would also be worth mentioning what kind of lifestyle people have/want, where they live (cost of living), style of trading etc. that would also affect how much one needs to start trading.
nPlatin (3 months ago)
+LITE trabaja alli ahora
LITE (3 months ago)
+nPlatin que
nPlatin (3 months ago)
+LITE mcdonalds
LITE (6 months ago)
how's your hobby going
Emmanuel Lawrence (1 year ago)
Thanks for your vid, very informative. perhaps consider using a white board. you go through a lot of numbers in your vid and it's almost impossible to keep up since nothing is written. just a suggestion. I'm a newbee so tryna learn as much as i can
jay singer (1 year ago)
i know a couple hedge fund guys and they've all said the geniuses trade currencies. You should start a hedge fund! It's hard for an investor cus you have to understand the entire economic and political landscape of a country (interest rates, inflation, FDI). Then you have to predict what those will be in the future. Then you have to understand what country in the same region's economic and political landscapes are and will be. And then the same globally! . IS THIS TRUE ????????????????????????????????????
Sam Lucas (1 year ago)
£50,000
Rubén Blanco (1 year ago)
I'm not sure when you have to stop trading if you get a row of losing trades, how much percentage of your account you can afford to lose before quitting for the day, and trading binary options you should stick to your initial money managment strategy or should you try to recover the following days the money lost to reach your monthly target? Do you think is possible to get a return of 60% every month doing compounding?
ThisnThatPackRat (1 year ago)
Honestly, if you only have smaller amounts look to stocks and etf's. Much better to trade especially if you're young and willing to really dig deep to learn. Forex with serous cash for a beginner is a lark at best, and pure insanity for most.
Mal (1 year ago)
So true, I concur....
Kuziai (1 year ago)
5k- 10k is enough to trade forex and make fortune in 10years
akram team75 (5 months ago)
Why are you talking about fortune we just need to make a living
M Ibrahim (1 year ago)
Solid Information. Realistically, the 2% rule is irrelevant because the accounts are leveraged, you should really just use an amount that you are able to make a return over a basket of trades that your edge could play out. So, if your make returns over 20 trades, then you could risk 5% of your account per trade and still end up on top.
Damian Furrer (1 year ago)
Or you could get some with only 1$ per pip, what would reduce the requirement to 5000$
Raven Flau (1 year ago)
I'm a noob trader. Not a year yet. Living in city where US$300 is the monthly cost of living. US$1000 was the starting capital and I earn pretty much $600 a month. I haven't experienced a loss that drained my money to a point where I needed to replenish it. But I'm scared -___- So can you tell me if what I'm doing is sensible?? :)
FinalKill Dangel (3 months ago)
Aim for 5000k at least
danzi333 (1 year ago)
I like your style, straight talking with no ego :) I do feel trading at 0.01 has its uses, when I felt ready to go live I made a wise decision to trade at 0.01 for two weeks. I was quickly taught I wasn’t ready and went back to the demo.
Charley J Ramos (1 year ago)
Great video! This is excellent, and extremely precise. Thank you very much!
Jonathan Connor (1 year ago)
are you saying its impossible to grow an account from 500/1000 or that its just highly unlikely?
crazypaco (10 months ago)
Ross from Warrior Trading is a momentum day trader so he buy/sell within 20-30 seconds. It's quite risky. Ross also have few years of experience, at the beginning he was making only pennies and loosing a lot. Jonathan, keep that in mind
Diogo Rocha (11 months ago)
Trading FX yeah, it's extremely unlikely. However, there are instruments that give you a more expressive opportunity to grow a small acc. If you really know what you're doing, day trading penny stocks (i mea "penny stocks" as defined by SEC = tocks under 3$, not stocks literaly worth pennies) is one of them. Ross from Warrior Trading actually grew up a 583$ acc as a challenge, to almost 400K in 12 months doing it. check it out, its all on YT But again, regardless of what you trade, chances are you won´t succeed without a loooooot of studying, optimized RM strategy, and a substancial ammount of papertrading
Ashfaq Sheikh (1 year ago)
Highly unlikely. But you most certainly will lose it all quickly.
Toby Grey (1 year ago)
Hi there! I really have a burning question and I dont know where i could ask you so i'm asking it here: is it also a good strategy to use 10% of youre account for 1 Trade (€10.000= €1000) and on that amount you put in a stop loss of 10% so you can only lose €100 on a trade of €1000, that is 10% of youre total account (€10.000). So you end up losing only 1% of youre whole account? Or is it to risky? Nice video btw! ;)
xfactorb25222 (1 year ago)
you would get stopped out most times and just lose fees...
Martin W (1 year ago)
I don't really agree with the conclusion of this video. I am using a live forex account now funded with 300$ and am practicing money management. I am buying such small amounts of units and a win for me would amount to a 10 cent gain. However, a loss would be 10 cents as well. The value of pips are in percentages of cents. I plan on doing this until I can demonstrate an effective strategy and then increase my account size. I did a demo account for a while, but it's not the same as live money. I had a 25 cent gain the other day and it was amazing. If I can reliability make 50 cents a day then I can scale it up to 5.00$ a day and so on. The issue for me is to demonstrate MM and risk management. I am on Oanda's platform, but I can imagine you can do this elsewhere.
Kevin Akol (1 year ago)
so i need 2,000,000 kenya shillings to trade!? i beg to differ
Theone martes (6 months ago)
+AK Chebiegon how can i reach you man?
Santi Carzola (6 months ago)
lmao
AK Chebiegon (7 months ago)
i started with 50k saa hii natrade na mita na si kuringa ni kujiamini. i trade in crypto though.
matco prutcher (8 months ago)
It's all about your risk management
NJ (10 months ago)
Kevin Akol sema buda huyu ni jokes
HemaRampersad (1 year ago)
This is the third video of yours I've watched... and I love you lol #AwesomeContent
Rajesh Raghavan PM (1 year ago)
Solid advice
JEREMY LASCANO (1 year ago)
One of the best video ever about starts trading budget!! thank you so much
Mr.Futures Trader (1 year ago)
What brokers do you recommend for US people
n91605 (1 year ago)
yes you are making a lot of heads spin.....swing trade or scalp? scalping can work but only after you mastered swing trading ....stop gap is 50 to 200 pips..... 4H and daily chart....split the position in half.......so then $1000 / 1% = $ 10 of [email protected] 50 pips = 20 cents / pip...= lot 0.02....so then risk 2%.... 2 X 1% 50 pip stop...target 50 or 100 pips on one position..if target hit...2nd position move stop to + 5 pips and let it run as far as you can !!....What if your holding a position in profit and another good set comes....need another $ 1000...the minimum lots is 0.01 or 10 cents / pip you could take 1/2% trades X 2 then the absolute minimum is $ 500 / position....but 50 pips is too tight you really need more fire power 200 pips stop now you are dangerous .. traders lose because market squeezes them out ...trade bigger stops like the big boys and be a winner..so you need $ 2000 / position @ 2 X 1% @ 200 pips stop...trades .. if your stop is calculated @ 100 pips you make twice as much profit the lot will be 0.04 X 2 positions... you can only afford to take one position at a time ...but you have deep enough pockets to play the game.....use these risk parameters and trade demo till you are 65% hit rate....trade your set up 4 hour or daily.....trade like a bank or stop....do not trade.....emotion is the key to winning 90% are trading stops too tight.....and 70% are scalping ....Nail Fuller channel .....let your stops get hit.....set and forget ... the only time you move the stop is into profit.....do not sit around watching the market....
August Priest (1 year ago)
Ooo, from the thumbnail with ugly sweater and puckered lips..I thought you were going to do a george Michael imitation. . but your stores are always cool...
Uyi Osa (1 year ago)
Very wise words from a young head ! I deeply appreciate this video and, yes, you are the BEST Scrooge ever !! LOL !!!
Keith Hudson (1 year ago)
I'm not saying you're wrong because let's be honest, I'm not the millionaire here but I feel like for a newer trader that isn't able to push as much volume, you are going to have to trade at a higher percentage. Your average person just doesn't have 40 grand to set aside. Maybe idk what the hell I'm talking about but I feel like someone could take some time to learn strategy and trade maybe 5-10%.
Sergio M. Lebrón (1 year ago)
Well, ALSO you can look at it from this point.. if you're not going to be successful trading with $500, what makes you think you'll be successful with $500,000?
Jakub Valenta (1 year ago)
Sergio M. Lebrón that's easy. You can risk just 0,5% of $500.000,- to make a very good living - minimal emotional pressure. But in case you want to make good money out of only $500,- and not to lose them, you gonna be under extreme emotional pressure and probably lose it all.
hakim messaoudi (1 year ago)
thank you for this video, it really open my eyes to the reality of a minimum capital to put in forex. I change my mind I may think of different way to invest, thank you so much .
kemms (1 year ago)
What's a good demo app to use to learn?
Offshore Expat (1 year ago)
A really great video but one point that you mention in many of your videos is how you lost then made roughly 200K gbp in a week. of risking 1-2% per trade, you would of had to have 5-20mil gbp in an account. Where am I off? When you lost then made 200K gbp what was your trading balance? Thanks!
SUNIL K. GUPTA (1 year ago)
IS IT FINE TO TRADE ON expertoption.com ??????????????
Luano Fortuin (1 year ago)
Hi which forex broker are you using?
Hello, I am just starting to learn. This is one of the best videos I have seen. You show us a kind of inside strategic formula to set a relation among all the facts involve which is also most important than determine the minimum investment. I took my notes. I will follow you without any dude. Thank you very much. It is capital to understand this calculations. Very clever.Thanks again.
Ktoma7 (1 year ago)
I know a guy who does high risk and started with just $20 and now he's at $9,000 in 3 months
FinalKill Dangel (3 months ago)
What the hell. Can you teach me? This is mental
CovenantTrading (1 year ago)
That's the truth, bro.
LakeSide87 ! (1 year ago)
Dammit I wish I knew about trading years ago. I feel so behind 😫😩
The Life Ignitor (1 year ago)
Awesome video. So true bro.
Aerial (1 year ago)
25k min. Not a cent less. You can make a nice weekly income with this and stay safe. The more you get, the more you can make faster while being safe. The only problem is the broker.

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