Forex money management

Trading with Sufficient Capital
When doing Forex trading you need to trade with sufficient capital. One of the worst blunders that a forex trader can make is attempting to trade without sufficient funds. This does not mean that you have to have thouands of dollars, but you have to have enough to handle the movement in the forex market or you can increase your chance of getting blown out of the forex market.
The forex trader with limited capital not only will be worried forex trader, always looking to minimize losses beyond the point of realistic trading, but he or she also frequently will be checking the charts to more often then he has to. Having the right amount of capital is the right move. If not you can be really stress wondering what's going on with the forex market when you away from your forex workstation.
I would say the minimum amount to start up a forex trading account would be around $2000, though If its a regular account i would say about $5000 to $10,000. For a mini account can be open around 300 to 500 dollars though I would recommend a least a 1000 dollars. If your just starting off I would go with a mini account since it was developed to accommodate forex investors looking for an alternative to the forex stock market for diversification purposes. The small dollar amount requirement of the mini forex account allows many forex investors to participate in forex who previously were unable to do so.