Sunday, September 20, 2009

How much money should I use to start trading?


Keep these simple rules in mind when you start trading.
  • Invest whatever cash you have that you don't really need for anything else.
  • The best is to keep at least one year of salary at the bank so you don't get in trouble.
  • If you are just beginning with trading then don't start too big.
  • Since there are transaction costs involved in buying and selling you'd better start with at least 5,000$.

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