Without experience should I invest a big amount

[gabanda]

before invest we should to compare a lot of PAMM managers

yes, we should be more selective in choosing PAMM account manager. we need to get the manager PAMM very profitable so that our investment will generate. we must to look at the track records of the PAMM manager

 

[fxapex]

yes, we should be more selective in choosing PAMM account manager. we need to get the manager PAMM very profitable so that our investment will generate. we must to look at the track records of the PAMM manager

Yea while investing in PAMM accounts you should check its previous returns , moreover you should choose account with stable returns rather than high returns.

 

[gabanda]

you need is not a huge investment, you need experience. We can get experience with trading on a demo account. Using a demo account so we can exercise to the maximum. that is why we have to use a demo account with either. By having experience then you can trade with any capital

 

[Ramon]

demo account it is a good opportunity to learn how to trade

 

[kupz]

i guess we all agree, that investing big amounts without experience is a bad idea, unless lets say its an amount u dont mind losing, coz chances are you will be burning that money, i mean take it slow learn the markte the platform, get a good broker like hotforex or lmfx, and start with smaller acocunt, even if its pamm or a managed account make sure you know the manager it has a good track record etc, forex is a risky busness depite what people promote it to be. just be mind full of what u plan on doing

 

[gabanda]

Yes right, choose manager pamm also required research and also if they can get source information from another investor that joined with these pamm manager, so if result is stable hence it will giving good return on their investment, currenctly many broker also offer copy trades and newbie can trying this service

yes, we can not arbitrarily in choosing a PAMM manager. we should be more careful in selecting profitable PAMM manager. We could see the track record of the manager PAMM before deciding to invest

 

[kxforexmart]

If you are a newbie and wants to invest big amount in your trading ,i feel that it will be a suicidal case because traders have to improve their experience and skill to deal with the market well ,otherwise the trading account will be blown in a short span.

 

[Ramon]

for all newbies i recommend to read forex blog about trading from liteforex, it is very useful

 

[gabanda]

Too dangerous if we do not have the experience but we are trading with large capital. We should know that forex is a very high risk and therefore, we need to continue to learn and practice trading with good to get a lot of experience so well that would be very beneficial for us. and we can start trading using no deposit bonus first

 

[kxforexmart]

The whole concept of investing money depends upon the traders ability to engulf the loss because Forex is very risky so we should invest the amount which we can digest if loss occurs but yes if with experience ,we can invest the amount ,we can trade safely .

 

[kxforexmart]

Many trader said if forex is risky business, but for good trader forex is not too risky anymore, because we can trade safely with strict risk management and money management

Risk should always be taken with proper knowledge and experience and if a trader can handle the market situation well by usage of proper Lot size and with the trend ,they can invest more money ,everything depends upon your skill and capability .

 

[dynamichunk]

I don't think that it would be a wise decision to invest a big amount without proper knowledge and experience.

 

[kxforexmart]

Experience is such thing which can make a trader confident and for that they can invest more ,without experience traders will face the loss more and for that they should be cautious about the investment issues and options .

 

[gabanda]

Experience is such thing which can make a trader confident and for that they can invest more ,without experience traders will face the loss more and for that they should be cautious about the investment issues and options .

Yes, experience is important in forex trading, the more experience it will make us further improve trading results and therefore, we should be able to improve the experience well with a demo account or to participate in the contest demo

 

[kupz]

never invest too much if you are a bigginer, its like donating money, only invest what you can afford losing. never belittle forex trading, its a fast paced money generating business the same happens with losing.

 

[Nezami]

I have seen according to my trading experience that by and large trader in particularly the newcomer’s focus on big investment to start live trading. But practically, big investment cannot bring profit at all. If you have most powerful analyzing trade knowledge, then it is possible to make small investment larger. So, we have to focus on our trading knowledge than big investment.

 

[sininfinity]

One should spend an amount which will affect his/her emotions. If the amount spent is very little, then it won't train emotion and bigger amount may create problem for that trader.

 

[Faal]

Never and ever, Forex trading is not easy way of money making! Yes, it’s too much risky for the novice traders who don’t know details about technical and fundamental trading! I have invested my money after practicing my demo account for 1 year and 3 months!

 

[Haffizz]

Well... diving into this world like ALL IN in casino doesn't work. It has been checked for many many times

 

[Glenn Phillips]

You can; but may be you are going to crashing your live trading account very soon! Don’t try to test your luck here, it’s not lottery! Without enough technical and fundamental knowledge success is quite impossible thing here! Practice demo for six months (minimum)!