How much money do you need to trade forex?
I know plenty of people don't understand capital importance when it comes to trading forex...
so let's talk about how much money you really need to make a full time living from trading.
if you're from a third world country where you can live a very decent life with a few hundred bucks per month income...
Assuming you can make 20-30 % returns per year with a very decent risk control system... you could do very well with idk... 20k in capital.
On the other hand... If you live in New York or someplace with an extremely high cost of living... where you need 100k or so per year just to exist... you're looking at atleast 500k in capital requirements.
Once you account for all the variance, losing streaks, bad periods, etc etc etc... even that might not be enough to CONSISTENTLY pull those returns.
I already see kids who watch TJR and LamboRaul commenting how they make 20-30 % per month and not per year and how they will take their lunch money and turn it to half a million in 6 months.
That's not how it works.
REAL, sustainable, long-term trading is based on math, risk control,... not on "fair value gaps" and 1:30 R:R trades.