Start small...and make as much as you want.

	Hi,This is the e-mail.i got from alberto.very useful and knowledgeable for traders. I wanted to email you today and touch back on the importance of starting with a small investment in the forex market before going for the big bucks. I know starting to trade the currency markets can be daunting with big numbers being made every day. It's a tough market where you can make (or lose) a lot of money very quickly. Sometimes you feel like you can't participate in the market as you just don't have big amounts of cash...people often think that in order to trade the currency markets successfully you need to have a lot of money to start with. Believe me, nothing could be further from the truth. The reality is that if you never start investing (and trading) in the forex markets you will never learn how to do it and profit from it, nor will you ultimately have the money to make a living out of it. A big mistake many wanna-be investors make is to wait until they have $100,000 or $50,000 to start thinking about ways to invest their money. This is a mistake because of the very fact that one of the main components of a trading strategy is time. Sure, you will need some capital and a profitable investment strategy to start trading the markets. But most importantly you need a strategy that you can start implementing with a small amount of money today, so that if something doesn't work out as planned you don't lose a big amount of money. For example, you may decide to invest in the forex market by buying the EURUSD (buying EUR, selling USD). The return on your investment will be the result of the price movement by the amount invested. So if you open a long position with $100 and EURUSD appreciates by 2%, you make $100 x 2% = $2. However, if EURUSD depreciates by 2%, you only lose $2. If your "up" days are more than your "down" days, you could easily be achieving returns of over 20% per month (in the next few emails I will tell you more about identifying those strategies). If you implement a strategy that only allows you to deal in minimums of $100,000, on a down day for a 2% unfavourable move you can be losing $2,000! If this happens more than a few times you can easily be looking at losing all of your initial investment. So when you start trading a new strategy you want to start small, so that if things don't go as intended you haven't lost a lot of money and have your initial investment in your bank account. Having a lot of money to start trading forex is not as critical as having a profitable strategy that is quick and easy to understand, as it will allow you to test different alternatives and ultimately make a living from it. This strategy can be invented by you, based on your own knowledge of the markets, or you can take advantage of the strategies used by the most successful traders in the field. Don't forget to add me on LinkedIn! http://uk.linkedin.com/in/albertopau Stay tuned...in my next email I will tell you more about how to identify an easy to learn and fast to implement trading strategy... Alberto