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If I have $100 USD how can I start #461035
07/23/16 03:47
07/23/16 03:47

M
Malice
Unregistered
Malice
Unregistered
M



Hello,

If I have $100 USD how can I start to make money? I'm luck to have saved this much.

I understand and can write lite-c however each platform is widely different. I can not gamble my money. Money is not a play thing in my life. So How can I make money with this system? How long is the learning curve for a know-nothing persons in stocks and trading?

Take Care --

Re: If I have $100 USD how can I start [Re: ] #461038
07/23/16 09:03
07/23/16 09:03
Joined: Feb 2015
Posts: 555
Milano, Italy
M
MatPed Online
User
MatPed  Online
User
M

Joined: Feb 2015
Posts: 555
Milano, Italy
Save your money. I will not advice anybody that can not invest/loose 50x (minimum) your budget to start trading.

Just my opinion...

Re: If I have $100 USD how can I start [Re: MatPed] #461039
07/23/16 09:19
07/23/16 09:19
Joined: Apr 2008
Posts: 237
Petra Offline
Member
Petra  Offline
Member

Joined: Apr 2008
Posts: 237
Trade with Oanda, and only with 1 lot. 1 lot buys 1 dollar on an Oanda account, so the worst that can happen is that you lose maybe 1 cent per trade. This way your 100 dollars will last a long time laugh

Re: If I have $100 USD how can I start [Re: Petra] #461073
07/24/16 11:31
07/24/16 11:31
Joined: Apr 2014
Posts: 481
Sydney, Australia
B
boatman Offline
Senior Member
boatman  Offline
Senior Member
B

Joined: Apr 2014
Posts: 481
Sydney, Australia
Great advice from Petra and MatPed.

Also read everything you can get your hands on to do with algo trading (see the recommended reading list on my blog for some direction). Learn how to build systems that are robust. Understand that knowing Lite-C is only one half of the equation - you also need to learn the science of algo trading. Take your time, don't rush into live trading and ask lots of questions on the forums!

Good luck.

Re: If I have $100 USD how can I start [Re: boatman] #461902
08/28/16 13:54
08/28/16 13:54

M
Malice
Unregistered
Malice
Unregistered
M



@MatPed - I find this quote from the zorro front page quite funny in light of your advice.
Quote:
Welcome to the Zorro project! The idea behind this software is simple: Let some wily machine redistribute money from the rich to the poor.
http://zorro-project.com/
50x my $100 dollars would be $5000 I could loose. So maybe I have a different measure of who the poor are but anyone with $5000 extra dollars is not poor.

Maybe I'm the only to see the humor but this zorro that takes from the rich and gives to the middle or higher class...

The idea made me laugh and smile,-- Zorro ripping out the rich, by-passing the slums and handing out the spoils to people with houses and careers.

Thank you for the advice to save and use my time and money elsewhere..
Best luck to all and good futures for you're trading platform software.

Re: If I have $100 USD how can I start [Re: ] #461903
08/28/16 14:07
08/28/16 14:07
Joined: Mar 2006
Posts: 1,993
Karlsruhe
PadMalcom Offline
Serious User
PadMalcom  Offline
Serious User

Joined: Mar 2006
Posts: 1,993
Karlsruhe
In many articles I read so far the authors said to "start small" with an amount < 1000$, so why not develop a good strategy and invest more and more in the coming month? It is not only making money but also becoming more confident in trading I think.

Re: If I have $100 USD how can I start [Re: Anonymous] #477147
05/24/19 11:08
05/24/19 11:08
Joined: Oct 2018
Posts: 47
S
SnoopySniff Offline
Newbie
SnoopySniff  Offline
Newbie
S

Joined: Oct 2018
Posts: 47
I am testing Zorro Z12 with a Cent Account at FBS since November 2018 and it looks good so far. I do have a Zorro S version which is necessary to do that. I deposited 100 which show ups in Zorro like it'd be 10000.

Maybe the free Zorro version can be offered with a different limit for cent accounts?

I.e. 7000 is the limit for a non-cent account and for a cent account I could be 7000 * 100, so 700000 currency units.

PS: Here a link to the performance of Zorro Z12 with my cent account at FBS: https://www.myfxbook.com/members/sltrade/gerds-gift/3153904/HVhtmppasHTdlLAO0mx4

Last edited by SnoopySniff; 05/24/19 12:52.
Re: If I have $100 USD how can I start [Re: Anonymous] #477149
05/24/19 12:58
05/24/19 12:58
Joined: Oct 2018
Posts: 47
S
SnoopySniff Offline
Newbie
SnoopySniff  Offline
Newbie
S

Joined: Oct 2018
Posts: 47
If you like I could offer you for free to copy my trades from the cent account which I trade with the Z12 strategy. You could try it on a demo account and if you are happy with it you can trade it with your real money. More infos if you are interested.

Last edited by SnoopySniff; 05/24/19 13:01.

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