Yesterday I was at a very large bank teaching a bunch of traders my method for consistent returns.
And on one of our breaks, one of the traders came up to me and asked me a question I never thought I would hear from a “professional” trader.
He asked “How much money should I start with if I wanted to trade for myself“.
This would only be the 500,000,000,000 time I have been asked this question.
But I didn't expect it from a Pro.
You see, he had always traded for this company, and never for himself.
And he was thinking about leaving and doing things on his own, so he could spend more time with his family.
I can sure understand that.
So the question comes down to how much money do you need to start trading…
The answer is….
…How much actual trading experience do you have? (For this guy, he had tons, so he was good there.)
…Are you looking to make a full time living off of your trading?
…How much money do you need to live off of? (Bills and stuff like that)
…What is the average win rate you have for your system? (You personally, not the average 10,000 other people make)
…How much money do you make when you win, and how much money do you lose when you lose?
Questions like these will help narrow down what you need.
All you need is a little math, that's it.
When you figure that out, and factor in that you still need extra to continually grow your account, you will have your answer.
Could this mean you only need $100 to start?
Or you might need half a million.
Again, it depends.
For a more detailed analysis of the money required, and all the step-by-step guidence to figure it all out, join the Inner Circle today.
There are no contracts and you can cancel at any time (no questions asked).
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