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its better if you have a minimum of 5000$ . there are brokerages who offer you an account for as low as 250$ but the chances of you not losing that 250$ in the very first day itself is slim. but again remember if you are first time trader always go with less money even 250$ or 500$ is good. becose its certain that you would lose your money if you are first time trader. before i started trading i had read above 90% of first time traders lose money. and i said to myself ok i am one of the 10% lol. and i started and i lost. but i was a lil careful and limited my loss to half the investment.
as a first time trader .. there would be so many things to learn. if you are the type who learn it hard way.. then go with the minimum investment possible. but the losses you make will teach you lessons. and that's when you will start researching. that is what happened with me. i started trading 2.5 years back. and in my first time i lost half the investment. and all my josh came down to a sudden halt. i did not trade for the next .. i do not know exactly but i can say that was atleast 6 months gap. during which time i observed the markets and learnt from it. the more time passes after u start trading the more comfortable and the less loss you make. if you are trading for the first time.. i advice you not to look for the profit.. instead learn how not to make losses. with time i assure you will get better. donot lose your patience till then. good luck. smnred@Yahoo.co.in
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Is a series 7 needed for day trading?
No it is not only if you are trading someone else's money.
What exactly is forex trading needed for?
Forex trading is just basically means foreign exchange. A broker is used for this and you can lose or gain money. Forex trading is needed/used for earning money (and sometimes you lose some money too).Its Totally depends on your analytic who elaborate about currency at right time at right investment like mmfsolutions.sg.
What companies offer competitive rates on trading money?
There are several companies that offer competitive rates on trading money. Some of them include: XE, Forex Trading, Money Corp, Money Way, and Canadian Forex.
Does intraday trading can make money?
Yes,Intraday trading can make money for sure. I would recommend you to try out binary options if your a new trader.
Where can one get advice about forex investments?
Trade99 is one such renowned trading platform that allows trading in multiple assets with the aim to increase the profit-making chances of the traders. The MetaTrader5 has advanced tools and analytical charts that are needed to speculate the financial market trends accurately. The top-class customer support and provision of trading in multiple assets make it an idle online brokerage firm to start trading on.
Is a series 7 needed for day trading?
No it is not only if you are trading someone else's money.
Large sums of money needed by merchants to invest in businesses and trading ventures?
Capital was large sums of money needed by merchants to invest in businesses and trading ventures.
What exactly is forex trading needed for?
Forex trading is just basically means foreign exchange. A broker is used for this and you can lose or gain money. Forex trading is needed/used for earning money (and sometimes you lose some money too).Its Totally depends on your analytic who elaborate about currency at right time at right investment like mmfsolutions.sg.
Capital was large sums of money needed by merchants to invest in businesses and trading ventures?
Correct.
Why is Canada called a trading nation?
Canada is called a trading nation because of it's large economy. It has one of the largest trade base between a HUGE amount of country'. It is also called a trading nation because most of it's income is relied on trade. Trade is very important in Canada because the amount of jobs it creates and the money it brings in.
What companies offer competitive rates on trading money?
There are several companies that offer competitive rates on trading money. Some of them include: XE, Forex Trading, Money Corp, Money Way, and Canadian Forex.
What is needed to try Forex Day Trading?
Foreign Exchange (or commonly known as Forex) day trading is a fast-past market that has recently been made available to the general population by use of the internet. The only things needed to begin are a little bit of money and an online brokerage account.
Did the coureurs de bois gain or not gain wealth from their fur-trading activities in colonial French Canada?
They were also trading furs but illegally. They often got more money than fur traders cuz they were doing it the dark way.
Did Rhode Island use money during the colonial times?
Yes, they had money in colonial Rhode Island but the colonist mainly trading to get thing they needed,for example if someone needed an axe and would give a hammer for it while someone needed a hammer and was willing to give an axe they would make a trade so they both had what they needed despite the price for the two items.
How did people start trading?
they started trading when they didnt havre money 1920s
History on trading instruments from subsistence ecomomy to money economy?
trading instruments is to exchange subsistencr economy to money economy is to give something and take money for it
Did the lydians developed a money economy because the barter system was limited?
Yes because it made trading for the goods and services you needed much simpler than bartering
