27 Replies to “HOW MUCH MONEY DO YOU NEED TO TRADE FOREX? (Trading Capital Requirements)”

  1. 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

  2. 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?

  3. 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 ?

  4. 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

  5. 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.

  6. 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.

  7. 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

  8. appreciate the content but there was a woman whos a student of charlie burton who turned 200 into 12k or so within a year. then she funded her account with 200k and made 130k profit for the year. but appreciate the videos cause they are helpful bro! this is definitely one my favourite trading channels.

    edit – also appreciate your honesty about blowing accounts. I think you needed to go through that process in order to change so I don't think it was a bad thing. You mentioned taking on too much risk, so I think that was the problem, not that the account was under funded. But because the way our minds work, the figures don't make sense. To trade x hours for a couple pounds etc.

  9. i love your videos man, compared to the other people you don't bullshit and you sound so real.
    I live in South Africa, so talking about 40k usd, that is R560 000, that is a hell of a lot of money to us. even the 12k usd.
    i worked at a church, so my salary was very little, it was R10000. that is 714usd. so taking all the calculations that you just spoke about, what would i have to start of with to make that R10000 a month. i will aim for higher after i get to this mark.

  10. Nothing wrong with starting a trading account with an amount like 500 pounds. You just have to trade 0.01 lot sizes.

  11. Einstein never said the "insanity" quote. It's falsely attributed to him after his death. The author of that quote is unknown but believed to have originated from the 12-step addiction rehabilitation crowd.

  12. i start with 100$ and now i made 20000$ after 1 year. trading is awesom.just start learning and start to making your own strategy in demo and when you get profitable in demo then start in real :))

  13. He's talking about making a living. If you just want to make an extra $20-$100 a day, a $500-1000 starting account is good enough.

Leave a Reply

Your email address will not be published. Required fields are marked *