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  1. #1
    Rookie Member

    Getting started with Binary Trading !!!

    I wanted to know as a new member in the binary trading industry, how much money recommended to invest as a start?

  2. #2
    Legendry Member Okane's Avatar
    Hey!
    It depends on your risk and of course how much you want to invest per trade.
    But first you want to try the broker out so do the minimum deposit and demo-trade for a while.
    If you are comfortable deposit the amount that will give you plenty of leverage so you can take many losses.
    Also, some brokers have VIP offers for higher depositors that can be worth your while.
    In conclusion; what you need to consider is your risk/moneymanagement. Taking 1 dollar trades on a 250 dollar
    account gives you lots of room to make mistakes but 24$ trades as the minimum investment allowed on a 250 dollar
    account does not. 10 trades and your out of the game.




    Some articles here on bots that might clear things up a bit:


    http://www.binaryoptionsthatsuck.com/deposit-minimum-come-collect-your-100ks-in-24-years/


    http://www.binaryoptionsthatsuck.com/opening-a-binary-options-account-how-much-to-deposit/

    More articles about first deposit:
    http://www.binaryoptionsthatsuck.com/preschool/
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  3. #3
    Legendry Member willyw's Avatar
    Quote Originally Posted by KarenCorreia854 View Post
    I wanted to know as a new member in the binary trading industry, how much money recommended to invest as a start?
    Trade with what you can afford to invest. Start small

  4. #4
    Veteran Member Optionguy's Avatar
    Just don't lose more than you can afford. Reality is pretty bitter. Most traders lose their money. If you do not give up, learn from your mistakes you can open a second account and do better on that one. Just do not put everything you plan to invest on your first deposit. See how well you do and then you will be able to make your mind with some backed up experience behind your shoulders.

  5. #5
    Veteran Member Dan21's Avatar
    Quote Originally Posted by Optionguy View Post
    Just don't lose more than you can afford. Reality is pretty bitter. Most traders lose their money. If you do not give up, learn from your mistakes you can open a second account and do better on that one. Just do not put everything you plan to invest on your first deposit. See how well you do and then you will be able to make your mind with some backed up experience behind your shoulders.
    That’s the best advice that can be done. Never put all your capital at ones. Learn on demo and than slowly grow your account till you get comfortable with it.

  6. #6
    Moderator Kolyo's Avatar
    You should start with as much money as you can lose without real harm. You should also be prepared to lose them. Every beginning is difficult. Start with small positions before you start to feel the movements of the market.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  7. #7
    Specialist Member LesterK's Avatar
    The right answer is “not much”. I don’t know anyone who has started up with big profit and no losses at all. Actually most people start with losses. If they don’t surrender at this point, they start to win eventually.

  8. #8
    Junior Member KarrathaMick's Avatar
    OMG Almostfamous9090, You didnt just post a link to some new crappy signals software with your affiliate link included, you must be joking, here check this link describing the software you recommend

    You are blowing bad smoke signals paleface....

    http://binarytoday.com/ataraxia-7-and-tradesec-org/

  9. #9
    Administrator Martin Kay's Avatar
    Quote Originally Posted by KarrathaMick View Post
    OMG Almostfamous9090, You didnt just post a link to some new crappy signals software with your affiliate link included, you must be joking, here check this link describing the software you recommend

    You are blowing bad smoke signals paleface....

    http://binarytoday.com/ataraxia-7-and-tradesec-org/
    The user was banned.
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  10. #10
    Active Member rockettrader's Avatar
    If you want to keep your interest at first, you should try to loose as little as you can. Nobody is here to fully understand the markets or the first world problems; we’re all here to win money. When a beginner starts loosing with every loss, his enthusiasm drops a little. When you start by loosing big, you can even get to the quitting point. So, invest little at first, so you will be happy at every success (even if small) and you’ll ignore the occasional little losses.

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