Subject: What size should my bank be?

What size bankroll do I need to start with?


I get this question a lot, here's what I think...


Start with what you can afford to lose, when you start you are going to make mistakes and lose money.


It's just a fact.


So why would you want to start with a large bankroll? When you are new at it?


Start with a small bank, then small mistakes lead to small losses.


Bigger banks = bigger losses.


Which is okay when you are ready for that. Of which when you are new you are not.


I know why people want to start with more: to make more.


You will never make more if you try to run before you can walk.


What you need to do here is learn:


How the markets work.


Learn how you handle the ups and downs of trading.


Build a system to allow you to succeed.


Then as you get better your bank steadily grows.


If you take anything from this let it be this:


Go SLOW to go FAST.


How much did you start with?


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