View Poll Results: How big was your first FX Account?

Voters
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  • $100 or less

    37 20.33%
  • $100-$1000

    68 37.36%
  • $1000-$5000

    48 26.37%
  • $5000-$20000

    20 10.99%
  • $20,000 or Above

    9 4.95%
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Thread: How big was your Forex Account when you Started?

      
  1. #201
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    Default Re: How big was your Forex Account when you Started?

    My first account is a Micro account in Profiforex. The fist deposit was just 50$. You may say, it is so little to trade. But you know, in this Micro account, 50$=5000 unit. You can trade on this Micro account using 50$, like 5000$ on standard account. That time i just traded several months on demo account, i was afraid to lost more money. Through Micro account trading experience, i did better when i switched to standard account.

  2. #202
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    Default Re: How big was your Forex Account when you Started?

    $100 mini account

  3. #203
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    Default Re: How big was your Forex Account when you Started?

    AUD $3000.... now its $609... ive gotta bring down the leverage i use.... i was making a killing shorting after they announced the growth figures but i got ahead of my self and used 10 lots ... market went the other way.. ...

  4. #204
    My Pips Are Growing Spirit of J.L.'s Avatar
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    Default Re: How big was your Forex Account when you Started?

    Quote Originally Posted by gregoryfx View Post
    $100 mini account
    This.
    But eventually I lost all the money in couple of months and reopened with $500.

  5. #205
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    Default Re: How big was your Forex Account when you Started?

    mine was around 10k

  6. #206
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    Default Re: How big was your Forex Account when you Started?

    I think that it's better to start with a deposit of 100$ and this is what i'm planning to do when I finish practicing with the demo account soon.

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  7. #207
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    Default Re: How big was your Forex Account when you Started?

    Mine was only $100, quickly grew it to $400 through luck and listening to other ppl.

  8. #208
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    Default Re: How big was your Forex Account when you Started?

    Quote Originally Posted by Mike View Post
    Thread To Earn You Guys Some Points...

    How big was your Forex Account when you Started?
    nothing bad

  9. #209
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    Default Re: How big was your Forex Account when you Started?

    I started with $5500,..and quickly bring it down to $168/- And that is when I started to be more discipline. I start to write journal via blog (http://inlovewithgold.blogspot.com) and it helped me move whatever capital I have left to $350/-.
    I need to know if any of you out there knows how to maxismise your profit ? Like place more than 1 order for a currency pair and take profit at different time ? Is there a strategy or risk/reward ratio that will help bring my capital up faster ?

  10. #210
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    Default Re: How big was your Forex Account when you Started?

    I was really curious what the "average" amount was that most people start with in forex -- now I don't feel so inadequate if I go with $500 or $1000 to start!

  11. #211
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    Wink Re: How big was your Forex Account when you Started?

    It's good that you didn't give up.

  12. #212
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    Default Re: How big was your Forex Account when you Started?

    I started with $300.

  13. #213
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    Default Re: How big was your Forex Account when you Started?

    I started with $10 and turn in $30.

    Then Increase the capital up to $ 100. I Lost that amount in two days and again lost another $ 100 within next two days.