If i have the 1000 dollar and risking my capital only 5 percent. I will search the broker who give the leverage 1000 times and make lot 0,3 every trade. With that way i can easily get around 30-40 pips everyday. That mean i will get 120 dollar everyday. That is pretty enough.
If have a balance of 1000$ i would give preference to capital safety as i would not want to lose it, so taking appropriate safety measures i would only go to earn on an average 10-15$ a day - bigger expecations brings in bigger risks too.
A 10% return is enough for a trader. So for a 1000 usd balance a 100$ profit enough for me. And I think there should be some limits for the trading and if it is maintained then the account may grow otherwise it can not grow I think.
There are two choices, you want a big risk, or relatively safe. if you want a more secure, 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.
from 1000$ equity .one can easily make 5% daily.
its an average calculation. may be some day u income more than this . or some day not. so average u can easily make 5% ..cause low income also affect low loss. so if u face loss than u easily recover the loss. make a handsome money.
For my opinion , you just need to make 1 percentage of your equity per day . It means you will make 10 dollar per day . If you do not withdraw your profit and keep it to continue trading . You will become a rich man after 4 years .
In order to trade forex trading markets safely, we need to target 10 - 15 percentage profits from 1,000 dollars per month. That is about 100 - 150 dollars profits and that is a good profit margin.Quote:
Originally Posted by mazzr
if you set $ 1 per pips then you just need 50 pips per day and it means that you get $ 50 , it is good and safe for your trading and if you want to increase your earning then you can set the lots isze with the higher one, but be careful, increase the lot s then you just increase the risk too
actually risking 5-7% means in what leverage? in 1:1000 leverage you can open 1lot with $10 but in 1:100 you can open 1lot with $100.Quote:
Originally Posted by mazzr
i feel that with $1000 as equity a trader should average earn atleast $10 a day.
depend on the nature of strategy what he used an average trader should expect more than 30 $ per day that i can say easily.if he gain like 2-5% daily would be much appreciable for him.if he wanted to risk 10-20% of his money then it can be easily 100+ but constancy is the main important things