Tuesday, February 1, 2011

HOW MUCH MONEY DO YOU NEED TO GET STARTED IN DAY TRADING

If you are familiar with the term investment, then I am pretty sure you would have already understood, what it means to have a portfolio. Having one may require, - in some cases- a lot of procedures and in others not much but a click away. As long as you have acquired the knowledge of trading the forex market, then all you would need are affordable capital and a portfolio/an account that will enable you trade to maximise profit.
As earlier stated, in some cases, you may require a lot of procedures, while in other cases, you may not be asked to do much and still require minimal capital to achieve this. Many thanks to the heavy competition in the forex world today, you can actually have a small amount to begin your “day trading” adventure. All you need is to affiliate yourself with a good, well regulated broker, that does not require heavy sum of money to open an account with them and you are on your way.
Some of these brokers accept as low as a hundred dollars ($100), on first account opening. Remember that, how you have in your portfolio/account will determine how much you make –if you are that good-. So you are not limited to opening with just a hundred dollars ($100) alone, but as much as you can afford to risk. Off course knowing full well that it is an investment for you. Make sure to check that you broker is well regulated.
Visit: www.fxtrendman.blogspot.com / www.trendman3.wordpress.com for more incisive experience with what you need to know.

Ephraim Archibong is a trader of over four years and counting and is willing to share his knowledge and experience with anyone who is willing to learn.

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