Forex Trading

G

gurillaradio

Hello,

I asked this question in the stock section, but now I´m going to ask it in the Forex forum. Is it possible to make money in forex trading with a starting account of $1500? Is it reasonably possible to do this as an End of day trader, not a day trader?

Thanks!
Dan
 
Quote from gurillaradio:

Hello,

I asked this question in the stock section, but now I´m going to ask it in the Forex forum. Is it possible to make money in forex trading with a starting account of $1500? Is it reasonably possible to do this as an End of day trader, not a day trader?

Thanks!
Dan
More...

Dan:

I usually only place trades at around 7am and again round 8pm. And for the past few years I've been making between 35 to 120% per year. And in general, I only make my trade decitions using technical analysis, and only trade pairs where you earn interest.

So I would say yes.

But with that size of an account, I would only try it with OANDA, and make sure you use proper money management, or you could blow the whole amount on your first trade.
 
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