How much will I be able to get back in profit
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How much will I be able to get back in profit
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Technically you can,
howver its not advised. Most forex accounts are margin accounts. When your account drops below a certain level. Your trade will automatically be closed. With only $100, your account will be closed almost instantly.
If you open a mini forex account. You are trading $10,000 with $50. The smallest movement, will give you a margin call. I suggest you have atleast $2,000 for a $50 trade. And, $10,000 for a $50 trade would be the most conservative.
And your profit on a $50 trade. Would be the percentage you gained X’s $10,000
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Nathan
http://oureconomics.blogspot.com
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You can really make good money provided you know which currency to buy and when to sell. Check the website below where the top forex trading programs have been reviewed. I feel it will definitely help you in selecting what you are looking for.
Hope it helps
http://money-review-site.com/investment.html
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I would strongly discourage you from entering the Forex market with $100. You should only invest in Forex with money that you can afford to lose. My guess is that with only $100, this is not money that you could afford to lose.
Now a very wise investment would be for you to trade free demo accounts while you learn about the workings of the Forex market. I always recommend babypips.com as the premier place to get a free Forex education and you can open a free demo account at most any Forex broker of your choosing.
While you are learning you can work on getting that $100 investment fund increased a little bit. My advice is that an initial Forex account of anything less than $2000 is working against the odds.
Good luck and take your time. You are on the right track you just need a bit more ammunition.
Paul
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No.
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Please take that $100 and go out and buy yourself 4 books on trading, it will be much better spent than losing it all on the Forex, which is what you’ll do without reading them.
Jeff
http://www.best-stock-trading-systems.com/trading_stocks_online.html
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