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How much capital is needed to make forex for living?

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the capital you use to trade foreign exchange forever is maybe around 100000 dollars for a professional for a beginner maybe only about 5000 dollars is enough so it all depends on you how much
#1051 - September 23, 2021, 04:41:08 AM

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If you want to decide to seriously do forex trading business at least you must have capital above 5000 dollars so you will be calm in getting things that may be around 10 dollars
#1052 - September 27, 2021, 02:52:33 AM
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« Last Edit: October 21, 2021, 10:39:15 PM by Hagu »

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How much capital is used for trading for living I think everyone has their own capital we can't be sure or set How much capital we have to spend at least because each person's strength is different
#1053 - September 27, 2021, 10:40:52 PM

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usually around 1000 to 5000 dollars or it could be less than that or it could be more it all depends on what you have when you don't have money then you have to be able to do what was in your previous capital
#1054 - September 29, 2021, 10:34:44 PM

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for trading for living you can use a capital of $ 10,000 to $100,000 but it doesn't have to be direct you can save first so you can reach that capital
#1055 - October 01, 2021, 12:19:55 PM

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for finance I think it's up to you because you are running it because you live using this foreign exchange business, I think everyone has different capital.
#1056 - October 01, 2021, 11:02:11 PM

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Of course everyone must have a different value therefore won't be the same, if I myself rate if I need around $ 5,000 to be able to trade properly and comfortably
#1057 - October 02, 2021, 12:33:46 AM

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the way we use a lot of capital for living trading for living, in my opinion, capital is only limited to numbers. The most important thing is how do you do the trade. Can you have a good plan or not, anything is easy
#1058 - October 02, 2021, 10:52:54 PM

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I think it's above 5000 dollars because that way we will hold open positions when we do floating minus and that's very important for us because with that much capital we are able to hold everything
#1059 - October 03, 2021, 06:08:30 AM

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for the cost of living doing foreign exchange trading, there are indeed many, but you can choose only one and hopefully it will be your consideration to open a position with the capital you have
#1060 - October 04, 2021, 10:36:12 PM

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for forex trading needs it is usually only limited to how to develop it well because if you can't develop it well then you won't be able to do it well for capital it's up to you
#1061 - October 05, 2021, 07:30:57 AM

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usually for daily trading it takes more than 2000 Dollars of capital because indeed with 2000 Dollars of capital we will be able to hold our positions which may be when we make analytical errors we can still tolerate
#1062 - October 07, 2021, 11:07:14 PM

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How much money should we use for the first time trading capital or to live in the trading world it actually depends on how much you have the most important thing is whether you can develop it or not
#1063 - October 09, 2021, 07:10:41 AM

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How much money is used for daily foreign exchange trading depends on how much capital you have so you can use above 5000 dollars so you can rest easy to get a day profit maybe 5 to 10 dollars
#1064 - October 11, 2021, 05:54:14 AM

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usually indeed when we use money to live in foreign exchange it is at least above 5000 dollars or up to 100000 dollars it all depends on how much capital you use you don't have to use it too much I think the important thing is that you can develop it well
#1065 - October 13, 2021, 07:07:38 AM

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