Hi QD, yes I agree, it is very difficult if you are trading with limited funds, BUT, stick to smaller profits in the beginning, ie you start with R2000 - this will allow you to trade on the smaller contracts, maybe a std bank or so < than R2000 per contract and allowing you a bit of leverage after the costs. Try to make only R100 - R200 per deal after your costs (R68.2 x 2 = R136,40 + R150 profit = R286.40, say round it up to R300 per transaction. This way you will grow your portfolio by R150 x 3 days a week (could do it every day if you are stuck in front of your computer)= R450 profit for the first week and you traded 3 x . Therefore no more monthly charges. You can go and calculate the profits if you keep on doing this kind of thing for a month or two. Start small and this will snowball. Stick to your stategy, be very carefull of the market and the choice of contract you invest in. It is almost impossible (only almost) to trade if you are under capitalized, but hang in there, it will grow as you get to know the market a bit better. The Jews say that is takes any new business (trading is a business) 1000 days before it will start plaining and where you will start making your money. Try this and you will see. Therefore I see the losses I made as school fees. Any business has its own school fees and you just have to find a way to keep this as low as possible. Happy trading.
