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. #121
    Hindsight Hero! DickP's Avatar
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    Quote Originally Posted by leah0024 View Post
    what's the safest amount to start an account?
    $10,000 is a completely safe and reasonable amount



    "I came to make pips and chew bubble gum...damn, I'm all out of gum..."
    -DickP, 2011

  2. #122
    Pippier Than Thou! ChartWizQ's Avatar
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    $10000 is an unrealistic figure for many of first time investors and may scare off more people to this than not Dick.

  3. #123
    Forex Menthor
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    I started with $200, all was wiped away, another $500 thesame thing, now i put in $200 again, just left with $24,,,,, but with the help am geting from forex forums, i see to it that i will make it. so am not giving up! Cheers

  4. #124
    I Don't Post Much GagaPips's Avatar
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    My account was $2000

  5. #125
    Primordial FX Goo
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    Fail

    Started off with $7,500. made it over a few times, lost it and working on re-organizing / re evaluating and going back to what worked before.

  6. #126
    Primordial FX Goo
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    Quote Originally Posted by DickP View Post
    $10,000 is a completely safe and reasonable amount
    Exactly. For your everday college student trying to start forex as main job, $10,000 is pocket change! I wanna know how some people made such large gains their first month.

  7. #127
    Pips Are My Game Matt's Avatar
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    I started out with only $1000 and turned it into $2000 the first month, i had ups and downs but Im doing much better now
    "I agree, Obama destroyed Forex in America"

  8. #128
    AK47 PIPS DarkManFX's Avatar
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    still trading demo yo

  9. #129
    Will Work For Pips
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    Only on demo trading but a friend of mine can't remember the size of his account, only the feeling of devastation when he lost it.

    But that did not stop him from trading, said that blowing up the first account was actually worth it in the long run.

  10. #130
    Automatic Trader Network FXMatics.com's Avatar
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    start with $20 up to $100 in cent type account to feel how is trading your real money.

    it will be 2000-10000 to trade!

    just feel it first...
    FXMatics.com - Automatic Trading and Networking

  11. #131
    AK47 PIPS DarkManFX's Avatar
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    I started out with a $100 and i lost it quickly. want to try again soon.

  12. #132
    Forex In The Blood paphapeach's Avatar
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    im trading demo still.. lol
    Paphapeach

  13. #133
    My Pip Hand Is Weak
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    yea im trading demo too, little weary of putting real money on line

  14. #134

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    I opened an account with $3000 just yesterday. Could'nt start to trade with it as its friday already. I would start fully on monday. in the next 3 days. Anybody got ideas for me?
    <-------------------------------------------------------------------->
    mine is $3000 still stagnant cos i am yet to place a trade with it.

  15. #135
    ^Yong^ mangoman's Avatar
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    I first started my account with $500, and so far it hasn't gone anywhere. still a lot to learn I suppose

  16. #136

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    I must say that forex is cool business but it is filled with paths that must be threaded with caution. i could say that $3000 is a safe amount to start with

  17. #137
    Primordial FX Goo
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    This is actually a great thread! Honest post can save a lot of money to newbie traders...

    I lost like 1000 USD on Zulu. Before that I lost about 300 USD on my first account... then started to take it seriously and learned more... now from 170 USD to 2300 (as of now) in three and smt monhts. But with strict MM, SLs and so on... The learning process is neccessary, to somebody it could take a few months, to me it took years
    Live it or leave it!
    * http://slurpeeforex.blogspot.com/ - from 200 USD to several thousands in one year *

  18. #138
    Forex Warrior mundo's Avatar
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    I jumped in just over a year ago and lost $500.00. By the time I realized I was still wet under the collar I had lost another $600.00.
    I have been paper trading since then now 11 months. Even though I'm now making money paper trading I'm not doing any real trading until another three months maybe four.

  19. #139
    My Pip Hand Is Weak PABST's Avatar
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    Default Re: How big was your Forex Account when you Started?

    working with $500 account now

  20. #140
    Pips Are My Game ★FX★'s Avatar
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    Default Re: How big was your Forex Account when you Started?

    I deposited $2000 into my first Forex account and I am doing really well with the same initial deposit.