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How much capital is needed to make forex for living?

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Vernalta

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try to use $ 250 first, then you will grow it big
#1321 - March 10, 2023, 03:56:55 AM

kuhaku

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In my opinion, if indeed you can make a profit of 10 percent per month then you need around $ 4000 and above, then you can trade for living to meet your needs
#1322 - March 10, 2023, 04:11:50 AM

Nettawa

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Talking about capital, of course, it must be used according to ability and needs
#1323 - March 10, 2023, 05:59:52 AM

Vernalta

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for sure above $ 10,000 to $ 50,000 but still using a trading plan
#1324 - March 11, 2023, 10:59:55 AM

kuhaku

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If you live in a big city, of course your needs will be more and more and you need more than $ 20,000 to be able to trade for living
#1325 - March 11, 2023, 11:01:29 AM

Vernalta

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a lot of money to be spent in this case that you must be sure
#1326 - March 12, 2023, 06:11:18 AM

kuhaku

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Of course, we cannot answer this with certainty because the needs of each trader are different. But I have a capital of $ 5000 can meet my needs because the goods at my place are cheap
#1327 - March 12, 2023, 06:49:41 AM

Dyandra

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Talking about capital, you can use capital according to your own savings
#1328 - March 12, 2023, 07:42:16 AM

Nettawa

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I recommend above 2000 Dollars to 8500 dollars because it is indeed more comfortable if used all the time.
#1329 - March 13, 2023, 05:00:16 AM

kuhaku

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If I had $10,000 that would be enough for me, because I don't need much and I don't live a lavish lifestyle
#1330 - March 13, 2023, 05:08:50 AM

Dyandra

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The actual use of capital for life is not too big, what is important is that you are smart at developing it
#1331 - March 13, 2023, 05:31:35 AM

Vernalta

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Yes. It must be tens of thousands of dollars, but I'm not sure. Is it really possible to use small capital
#1332 - March 14, 2023, 03:08:17 AM

Nettawa

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worry about capital issues, the important thing is that you study books about your knowledge
#1333 - March 15, 2023, 01:19:30 AM

Dyandra

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logically, of course the capital needed will be very large, but you can adjust all of that portion
#1334 - March 15, 2023, 03:50:04 PM

Kardel Sharpeye

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Making a living from forex trading requires a considerable amount of capital. The amount of capital needed to start forex trading will depend on the trader?s individual goals and expectations, as well as the type of strategy they plan to use. Generally, a minimum of $5,000 to $10,000 is recommended to start trading forex, but this can vary depending on the trader. A trader should only begin trading with capital they can afford to lose. It is also important to understand the risks involved, and to have a plan in place for managing losses. With the right amount of capital and experience, forex trading can be a great way to make a living.
#1335 - March 16, 2023, 02:54:09 AM
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