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Is $100 enough to invest in Forex

Discussion in 'General Business' started by viron86, Jul 5, 2010.

  1. Warner

    Warner Active Member

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    #21
    I think that it doesn't matter how much you invest in Forex - it matters how much you can earn with the help of it. At your place I would invest not more than $30 in Forex for the first time.
     
    Warner, Jul 23, 2010 IP
  2. MarTh-

    MarTh- Well-Known Member

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    #22
    You can transfer to your bank then to Liberty Mutual, they have Forex services at low rates. Or you can jump into a Forex broker such as Forex.com or FXCM.com. use a demo account first to get comfortable with the platform
     
    MarTh-, Jul 24, 2010 IP
  3. travelguides

    travelguides Peon

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    #23
    Somewhere around $300-500 would be a good idea if you're just starting out.
     
    travelguides, Jul 25, 2010 IP
  4. theforexgeek

    theforexgeek Guest

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    #24
    If you have a trading strategy where you use a tight stop loss and little risk (2% of your account) with high rewards, then yes you can compund that small investment into something larger over a long period of time. I developed a free robot that scalps using a tight stop loss with minimal ris kthat you can get from my site theforexgeek(dot)com completely free of charge, including instructions and set files.
     
    theforexgeek, Jul 30, 2010 IP
  5. jackoxxxx

    jackoxxxx Peon

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    #25
    Forex and share trading is harder than it looks and there are always fees
     
    jackoxxxx, Jul 30, 2010 IP
  6. webmasterz

    webmasterz Peon

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    #26
    man I have been in internet marketing for long time, the only advice I concluded all this time is never at any cost or thinking chase something that you are not very sure of its good returns in future, so if you think it is good to inevest in forex for whatever convincing reasons you have then go for it.
     
    webmasterz, Jul 30, 2010 IP
  7. khulet22

    khulet22 Member

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    #27
    $100 is not enough to start forex! :)
     
    khulet22, Jul 31, 2010 IP
  8. bama boy

    bama boy Active Member

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    #28
    you may lose them .. but you can give a try if you don't need them :)
     
    bama boy, Jul 31, 2010 IP