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Do you trade with personal money full time? What kind of profits can you expect over a year? What would you recommend be the initial starting capitol?

2006-06-29 06:35:35 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

Before you start trading, you should backtest your strategy on at least 15 years of historical data. Then you will know what profits (and more impotrantly, what losses) to expect.

The annual attrition rate among professional currency traders is about 15% (translation: half of all traders last less than four years).

As to starting capital... The more, the better, and make sure most of it is not yours.

2006-06-29 07:15:56 · answer #1 · answered by NC 7 · 0 1

trading in the foreign exchange is most of the time rather simple and plain sailing, however it can be risky if you are looking for big profits, I suggest you read as much on the subject and find good articles before doing it, one free resource site I particularly like is this :

http://umgarticles.atspace.com/forex-trading.htm

2006-07-03 02:07:21 · answer #2 · answered by Anonymous · 0 0

indefinite return @ starting USD 10 k - 15 k ; m looking for GENUINE partner or investor

2006-06-29 14:12:13 · answer #3 · answered by ganjil_benar 1 · 0 0

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