well with $1000 equity I planning to get profit about 2-10%. let say it's about $20-$100. there are some ways to get my target. If we use leverage 1:500, you can trade with 0.1-0.5 lot with target 10-15 pips each order. I think we will get our target in 4-8 order. :) But don't forget to set your stop loss. if stop loss hit, maybe next order I willl use martingale / averaging strategies. :)
Quote:
Originally Posted by mazzr
I agree, but not the trading of the lucky few with such trading, but we should also see the movement of the market,
therefore we can not say that it is we do every day.
no rule dear. forex is not based on pure science that you can find it. it depends on your skill , luck and market condition . if all good you can make 100 % in a day .. normally big buys target 20-50 % per year
1000$ you can easily earn 100 over $ every day that you risk 5% your capital you make sure 30 to 50 pips that enough pips to your trade
Yes agree with you jmsblack18. I just started only $20. I know it's nothing but i want to learn forex. when i use lots 0.1 then most of the time i got profit when i use .05 with greed then my balance become 0.00. Then i started $500 and lots size .5 then got loss and profit 50% all of my capital. I make my self successful i care margin and control money management. And now i earn at-least 50-100$ per day.Quote:
Originally Posted by jmsblack18
5% is ok when you have 1000 usd in your trading account that mean on a daily basis you should be making $50 from your trade and also you will not be risking to much money remember to use money management
the investment of $100 is very good. i think the average ration of success and profit from different peoples are 20% reward on daily basis. its not to difficult to gain on this huge investment
I think not more than 1% trader a are per day earn $1000 because I think to make if a trader want to earn $1000 everyday then he has need 1 million dollar and it is never possible for maximum trader.
I have a suggestion. to risk 5% of $ 1000 means $ 50. that is, you also have the opportunity to earn profit to $ 50 per day. if you use 1 lot, then you can put a stop loss and take profit at 50 pips. There are two choices, you want a big risk, or relatively safe. if you want a more secure,
You can earn maximum 50 pips per day with $1000 equity. You should every order for maximum $1 volume. Daily 20-30 is better for $1000. And you can earn $20 to $50 per day. I'm all time trading with $100 and i make daily $10 to $20. And it's good for me. If i want it i can deposit a lot of money and trading with large lot size. But i don't use max of $100 for my fear. And i think it's good trading for me.