I have been practicing trading for very little time with a practice account on forex.com It has become quite addicting to me as i am doing it right now. I intentionally started with 500 because that is what i plan on puting in I have had a 10% profit average each day but i have devoted around 8 hours daily. Today I made a killing off of the usd/euro I was told that paper trading is usless because you wont make the same decisions. I agree but i have made myself feel as if this is my money because in a sense it is because if i dont make a profit I dont not plan on put my actually cash in has anyone ever done forex with little money and made a signifacant profit?
It doesn't really matter how much money you have in your trading account, as long as you are making money.
What's good about starting with a small amount is that there is less ego and emotion involved with your trading.
When I was getting started trading forex, I started with only $300. I made good, and was able to grow that account 220% in a span of 14 months. I haven't been that lucky since.
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