Does the amount of money you deposit in the trading account matter?

MoneyTec Forums Beginners Forum Does the amount of money you deposit in the trading account matter?

This topic contains 3 replies, has 4 voices, and was last updated by  ImBustedNoob 12 months ago.

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  • #1014

    chalithuo
    Member
    • 19

    I would say “YES” it does matter.

    When it comes to the money I know all “senses” are awake! Money has to be sweated for; it doesn’t just come on a sliver platter.

    Also, there is another thing that a trader should always keep in mind: Forex Trading involves significant risk to your invested capital!

    With all that said, I think the amount of capital that you choose to deposit depends on how much you trust yourself when it comes to trading. For the Forex Beginners, I would suggest that they invest a little amount ($50 – $500).

    Then, as the trading experience grows, you can deposit more money into your trading account if you so wish to.

    For the beginners, the initial deposit amount really matters since you most likely don’t have a lot of capital and after all that is why you are investing; so that you can make money. That is why I suggest that you go for a broker with an account that will allow you to deposit the lowest amount of money according to what you can afford to invest in Forex for a start.

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    #1536

    Remphan
    Participant
    • 14

    It obviously does matter a lot, but you got to understand that skills are the ultimate glory. If you got skill then you could actually turn 10 USD into 1k and so on, but if you lack skills then even 1k will be lost or it will be hard to make profits from it.

    So, I say it matters but skills are the MOST crucial aspect for anyone.

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    #1610

    george
    Member
    • 14

    It obviously matters. If you are having bigger amount to trade then you will always be more relaxed and calm with how you work. But if you have a lower amount, then you will always be in risk and it will be a lot tougher to manage likable results. I care a lot about the size of the investment since it is something that plays the roll in easiness and difficulties.

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    #1761

    ImBustedNoob
    Participant
    • 22

    I disagree with many people who say that if you are an expert that it’s not a matter. I believe it is a matter. If anyone has truly seen an expert, then he will know the amount he got is the biggest thing. As the higher money management, it is the better.

    If you see an expert having 100 million in his account, it will be just 1-2% that he will be using, so just shows how much money management is the key. So it matters a lot!

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