Conventional financial wisdom tells us that to make money in the markets, one must first have a small fortune. While this assertion may hold true in real estate or government bonds, forex trading gives individuals of all capitalizations an opportunity to generate consistent profits.
Putting a hard figure on how much money one needs to trade forex is relatively straightforward. It is a function of strategic concerns and expectations, specific to each trader. As long as resources are in line with market-related objectives, success is possible for all account balances, large and small. Remember, you don't need a massive initial deposit to start trading forex. All you need is the three Ds—desire, dedication and discipline!
Putting a hard figure on how much money one needs to trade forex is relatively straightforward. It is a function of strategic concerns and expectations, specific to each trader. As long as resources are in line with market-related objectives, success is possible for all account balances, large and small. Remember, you don't need a massive initial deposit to start trading forex. All you need is the three Ds—desire, dedication and discipline!