How much money do you need to start?

I don't give amounts for specific people. It's a decision that depends on your financial situation, goals and risk tolerance. What I can show you is what to take into account.

Cost components

• The margin the broker requires for the contract (📖 Trader's Glossary).
• Fixed costs: the platform, market data and any tools.
• Transaction costs: commissions and fees per contract.
• Capital for the learning period: every method has losing streaks and drawdowns.

Safety rules

• only use money for trading whose loss won't affect your everyday life and obligations
• don't use loans or money meant for basic needs
• start with a simulator and replays (❔ Simulator or live account)
• write your risk rules into your plan before you start trading

When to seek advice

For matters concerning your own financial situation, talk to a licensed adviser. I don't provide investment advice in the Club.

Educational content, not financial, legal or tax advice.