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Can You Trade With $1000
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Can You Trade With $1000
Trading is a business and like any business, you need capital to start.
One of the questions we hear at Netpicks is literally, “Can I trade with $1000 and make money?”
You don’t want to hear a marketing pitch but you want the truth and the truth is very simple:
“We don’t know”.
Can it be done? Sure it can. There are traders out there that started with low capital amounts and were able to turn that into a profitable trading career.
Is it probable?
That answer is no.
Most traders, whether their starting capital is $1000, $5000, or virtually any amount, will never find lasting success trading the markets.
While capital does play a part, winning at trading takes more than just money. Traders often fail for reasons other than their available trading capital:
Trading is a business and like any business, you need capital to start.
One of the questions we hear at Netpicks is literally, “Can I trade with $1000 and make money?”
You don’t want to hear a marketing pitch but you want the truth and the truth is very simple:
“We don’t know”.
Can it be done? Sure it can. There are traders out there that started with low capital amounts and were able to turn that into a profitable trading career.
Is it probable?
That answer is no.
Most traders, whether their starting capital is $1000, $5000, or virtually any amount, will never find lasting success trading the markets.
While capital does play a part, winning at trading takes more than just money. Traders often fail for reasons other than their available trading capital: