How much money is required to work a daily profit of $ 600 ???????

[Ammie]

- hello to all members of the better Forum, i want ask a question :

How much money is required to work a daily profit of $ 600 ???,,,

Agar tumhe daily itna profit kamana hai to aapke balance me minimum $30,000 hone chahiye. Aur ye bhi jaruri nahiki itne paise hone ke bad aap itna profit kama sakte ho kyunki aap har bhi sakte ho.

[sayem]

Agar aapki pas bohot capital ho tohe aap aysa soch sakte hay. agar aapko Forex ki knowledge ho , hunar ho to ye bohot mushkil nahi hay, impossible nahi hay leken bohot aasanve nahi hay. kewki apki pass capital jiyada hay profit accha karna chateho or agar loss ho jata hay tab noksan ve bohot jiyadahe hoga. so without risk jitna trade kia jay utnahi accha take take monafa kamhe sahi leken loss na ho.

[maliknas]

For getting the profit of $600 daily we should have at least $10000 in our account so that we can this amount with less risk. WE can earn $600 with $6000 capital too but it will be so risky and we can lose our all capital if try to take more risk.

I differ in views from you I think we should not go for profit of 1% daily if we want to avoid risks in forex and for getting daily profit of $600 we should have the value of capital at least equal to $60000 so that we can earn 1% as a $60 per day. Trading for earning more than 1% daily is risky and we should avoid it.

[Mehak]

Is k liyay to bohat ziyada capital ka hona zaroori hota ha...agar capital zyada na ho to risk bohat lena parta hai...jo newbie kliyay to bohat mushkil ha...I think k forex say expectations lagani nhi chahiyay...bus jitna mil jayay woh theek hai...as yeh koi job thori hai jahan fixed pay milti ho...

[jadhav]

What i will say is that you need an amount of
$25,000 in your trading account if you wish to
earn $600 a month with consistentcy,
sudden gains do not matter, long
term consistent gains are what matter.

[yogesh]

Well i feel 1% daily is reasonable profit you can expect out of forex trading, otherwise your account shall be at high risk, so the calculation is 600x100 = 60,000$ you should deposit. We should not expose such big amount to high risk so trade with tight stop loss.

[mayengbam]

well thats a really tough as well as an easy question

Easy in the sense that investing a big sum say will definitely give this profit with minimum risk.

AND TOUGH in the sense that what are the conditions and factors you would be considering to achieve the target. Are you going to count the levarage, lot size, percentage of risks on a position, no. of positions you are willing to open at a time. etc. if these parameters are well defined you can arrive at a right amount to invest to get that profit

[kanwaljit]

First of all why to target only $600 daily profit? why not $1000 or more!, there is no end for it. Instead of keeping such target amount one should always work out on percentage of return on the amount we are afford to invest practically. I feel around 30% profit on monthly basis on the market is a healthy and practical one.

I agree with this view completely a good 30% monthly returns is a better target than working on fixed amounts, start with any balance and work on consitent 30% gains each month, keep adding additional capital if the returns remain consistent to earn more

[dmambi]

First of all why to target only $600 daily profit? why not $1000 or more!, there is no end for it. Instead of keeping such target amount one should always work out on percentage of return on the amount we are afford to invest practically. I feel around 30% profit on monthly basis on the market is a healthy and practical one.

[kanwaljit]

- hello to all members of the better Forum, i want ask a question :

How much money is required to work a daily profit of $ 600 ???,,,

around $20,000 is the minimum account balance that you need so that you can begin turning in a consistent $600 a month, I have used the most conservative figures since forex markets are very risky and you should not bet higher lots at higher leverage to fly higher, strops kill your account and given the kind of swings you get in currencies, it is easy to loose money faster than gaining it.

so my view is that you need a $20,000 account if you wish to earn $600 a month consistently, sudden gains do not matter, long term consistent gains matter