Someone can enter the forex market with a couple hundred dollars, just because though it is easy to enter means that it is easy to succeed. The only constant thing about the market is that in order to succeed you have to know what you are doing. You cant enter and be successful just gambling. Sure you might make a few good trades but over all you will empty your wallet faster than a draining sink

Nothing will make you poorer faster than entering the forex market unprepared. It is easy to trader large amount of money because there is chance that large amounts of money can be made. It is possible to make money in the forex market but not for everyone. You cant have a faint heart or be reckless. You have to have self control, especially over your emotions.

If you are thinking about entering the market then realize you need to first learn the basic and most fundamental rules. You also need to have a method that is simple and consistent, you have to be able to fully understand and rely on your trading system. So that you can consistently produce profitable trades then losing trades. One of the biggest things new forex traders struggle with is making a trading plan and then being disciplined enough to hold to it.

Too many traders are on a quest to find the holy grail of trading. Something that will take them from a poor trader to a trader making thousands of dollars a day. They waste pockets full of money to find that one secret only to come to the realization that there is no such secret. Traders work hard to succeed just like other professions and there is no way around that. Once they find a system very few traders actually give themselves the time to learn it. You have to study and learn the methods and the rules, you have to have a good foundation to build on. Good basic skills will be what makes you succeed and it will save you money if you just avoid the question for the magic secret to trading.

A couple words of advice: dont deviate from your trading plan, study the market on a steady basis, and most of the information you need to build a good base can be found in webinars, tradeshows and the internet. Learn to trade with the skills you need not with the luck you hope youll find.