Actually for beginners I don't think it requires a large capital first. we must believe that tomorrow there is still a chance. with less leverage means educating us to secure capital. therefore with real trading will help us to face all pressures in trading, and over time we can increase capital but with logical achievements
Beginners should never trade leverage. Get your emotions right and your discipline heads on first on regular trading without margins. If you cannot make it in that arena then you should not even try leverage.
I hate those practice accounts people,,, you play with no money of yours at stake, of course you have no emotions. But when you see your losses in red, psychology takes over in margin.
- Agree, trading without margin should be the approach for newbies, as you say, here market will help them shape this activity in detail and more time to test and reduce the risk for us to practice and adapt, and put ourselves in a more rigorous disciplinary process, almost after building the nature and good methods in trading spot, futures contract will be less stressful and also easier to manage. But emotion is something very obnoxious in trading futures contracts, losses and liquidations work on the principle of too much freedom, it causes too much psychological shock and emotional and money loss
