Is it ok to invest $ 10K for forex trading?

Jump to Last Post 1-5 of 5 discussions (8 posts)
  1. profile image47
    nilbosposted 7 years ago

    Is it ok to invest $ 10K for forex trading?

    account with USD 10,000 with oanda.com. However, after seeing your comments, I have stepped back and want to do a further study.

    Do you suggest I shoudl be doing forex trading ? If yes, would you be kind enough to share any points I must be careful for?

    thanks & regards,
    Nilesh

  2. profile image45
    managedforexbizposted 7 years ago

    When you new to forex trading, first trade on a demo for months/years.. And then you could start easy with 10k.. But if you looking for a good forex manager, i got one: http://www.managed-forex.biz i got an account with them and doubled my account this year smile

    1. Fx Djamel profile image59
      Fx Djamelposted 2 years agoin reply to this

      hi
      dear members
      result of this month may on paid group telegram
      +1100 green pips
      +517 pips on free group and trial
      https://telegram.me/Ramifx_signalsFree
      to subscribe on paid group rami fx and get a forex signals with high accurate
      contact us
      what

  3. freshjust.in profile image66
    freshjust.inposted 7 years ago

    Hi Nilesh,

    Forex is great to invest in but it is high risk so if you want to invest 10K make sure you know what your doing.  Here are a couple tips.  Demo trade for at least a year so you know what to expect as the forex markets can get volatile.  Learn the trends and patterns.  Do all of this before putting your real money on the line.  Once you do actually start trading CONTINUE to demo trade.  Always use demo trading to run tests(Backtesting and Forwardtesting) and then when you find something that works try it on your 10K with low risk.  Remember forex is not about making money fast but once you learn you will start making money consistently and coupled with compounding and smart money management you will start to see your profits grow.  Another option that has rise which I currently use is following forex signal providers.  This is honestly the best way to get into forex from a investment standpoint as you can watch how other professional traders trade.  Here is my hub on where I currently invest when I am not directly trading.

    http://www.hubpages.com/hub/ZuluTrade

    Please note that even following signal providers can be risky so keep your risk low and learn a system inside and out before you follow it whether it be direct trading or following signals.  Currently I only follow accounts at Zulutrade that use there own money directly and not demo accounts.  With 10K you could put your settings at 10 cents a pip and follow a little more riskier providers.  I hope this helps and if you have questions send me a message I would be glad to help.

    1. Ramsa1 profile image60
      Ramsa1posted 6 years agoin reply to this

      Thanks for the tips. I've opened a practice account with Oanda. I will put real money in when I'm really comfortable with Forex trading. A year of demo trading seems like a wise suggestion.

  4. trilochan88 profile image55
    trilochan88posted 7 years ago

    i think forex trading is the only way to earn money fast but don’t make the mistake of thinking that it is easy and you will be earning a lot of money within few days.By trading on demo account for years you will be able to trade but Like any other profession you need a solid education and experience before you get started. After all you are planning to earn more money than all the professional who gave their almost 20-25 years in education.Some new bees think that they don’t have to learn anything. They believe a magical system or abc software is enough and it will trade for them and make them rich while they are sleeping. Or rely on some trading guru, tradings calls and follow them blindly without knowing the market.If you want to invest $10000 that is no problem if you giving few years to learn but a forex fund manager who trades on behalf of you and you also have access to that account will be ok for you.........

    1. profile image50
      akm1993posted 5 years agoin reply to this

      http://forex-edu.com/?hop=akm110892
      visit here to know about the most advansed fe- bot trading system and make money faster

  5. sangamkr profile image54
    sangamkrposted 4 years ago

    The question is not how much you invest. The best way to safeguard your money and still earn on Forex is trade with as little as 1% for each position and unto 5% on all positions together. Thus you are saving 95% of your margin money and risking 5% on positions..
    However are best predictions and best understanding of Forex, it is speculative and risky. The above method is the safest.

    Remember two points.
    1. Any currency value over a period of time increase.
    2. No country will will willing to devalue their currency or to see a abnormal growth in their currency value

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)