I am planning to add funds to my online FOREX account and I am wondering what would be the appropriate amount of money to start off with in the account to where I can generate enough revenue to earn an income off my profits. I know you need at least $1000 just to play in the market but that amount is not enough to make money on. What would I need to have in my account to where I can start compounding the little profits that I make here and there?

Answer
You should have at least $100,000.00 in it.

That way you don't have the extreme risk of using their 50 or 100 to one margin where you lose your entire investment if a currency drops only 1 or 2%.

FOREX Margin, just say NO!

What is the best Forex book for medium to advance investors?

I want to get a book on Forex but I am not a beginner. I would like to learn better strategies.

Answer
Save your money, the only thing books will give you is the basics, nothing more, not in any ive read. If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.


Best Wishes,