Using 5% to7% per trade u should open a position of 1 lot and try to mange 30 to 50 pips per day. You could earn $30 to $50 per day. One suggestion don't be greedy and trade with amount what you afford to loose.
Using 5% to7% per trade u should open a position of 1 lot and try to mange 30 to 50 pips per day. You could earn $30 to $50 per day. One suggestion don't be greedy and trade with amount what you afford to loose.
hanging from the ability owned by a trader. but I piki traders always have a way of peace in a profit. peaceful and according to my calculations is 2-3% of the capital was quite peaceful. However, the greater the profit because we are looking for, we also enlarge the risk of incurring losses. so should really count well, not to have to face the risk is too great.
I think with such capital you can open a 0.05 - 0.1 lot with less risk . therefore if you target 10 -15 pips per trade daily you will able to make $7 - $15 easily. I think this is achievable because we are targeting small number of pips.
A new trader can loss $1000 in a day.Again an expert trader can make at least $50 per day from a balance of $1000.But an average trader can make about $10 per day on an average as they can not earn for some day as trades are running in loss.I am also an average trader.I have lost a huge money, also earned a lot.If i get $1000, my prime target will be trading carefully.Profit is not a fact, surviving in Forex is the matter of concern.
We can not know that exactly my friend, but there are a lot of people over the world join this market so many traders can make 1000usd profit in a day, nothing is impossible in this market, you can do that if you get luck.
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if you have $1000 capital and good analytical skill then i think it is very much possible to earn $120 per day! but what most trader do is, they becomes diverted from their strategy. for making more profit they started to consider bigger lot volume, if any kind of loss occurs they go for revenge and started to make frequent order! in this way they becomes failure! so be sticky to your strategy at any cost, it will make sure your win!Quote:
Originally Posted by jmsblack18
well as for me i think the very best way you can trade your capital and be at the winning side of the market is when you make use of the proper money management then you can always win the best out of forex market thats the best way i know we can really make the best profit
A 10% turning is sufficiency for a bargainer. So for a 1000 usd portion a 100$ realize enough for me. And I cogitate there should be whatever limits for the trading and if it is repaired then the invoice may discolor otherwise it can not color I judge.
high risk but high return friend... if you set $ one per pips then you only want fifty pips per day and it means you get $ fifty , it's sensible and safe for your trading and if you wish to extend your earning then you'll be able to set the heaps isze with the upper one, however watch out, increase the ton s then you only increase the danger too...