Greetings!
I'm a noob and I have a question I can not figure out. So, here I am asking you to enlighten me.
Just how much you needs in his/her account so as to logically gain $2000 monthly.
Thanks and God bless you.
Greetings!
I'm a noob and I have a question I can not figure out. So, here I am asking you to enlighten me.
Just how much you needs in his/her account so as to logically gain $2000 monthly.
Thanks and God bless you.
Great example of money management. Adequate deposit with secure risk settings, high timeframe to prevent sound.Originally Posted by ;
With 1000-2000 and Higher leverage you can easily exchange 10 lot or even more and make 10.000 a day so I think you just need Two or Three hours to obtain 2000,-Originally Posted by ;
I think U want at least $10,000 Account Size with 1:200 Leverage. Twenty per cent profit a month is huge. Very hard to achieve. Think that 10% to 20% per month, that could be over 120% to 240% per year. The best of the best earn 20-30% per year, which is very high. Every traders asserts that to be making this, and more but nobody can prove it via confirmed statement, which can be so hard to achieve, but it's always possible.
$5000 account balance
1:50 leverage
trade 1 standard lot
profit 10 pips per day
10 pips x 10.00 pip value = $100
20 trading days in a month = $2000
The secret is to profit 10 pips and walk off till the following day.
It is plogical game everyone plays.
Utilize the hourly charts, trade at 3am or 7am or 11am or for some reason 2pm. I understand nothing about the asian sessions up to when to exchange.
And guess some can not even earn much with $ 1,000,000 as Currency Market trading may be easier but making money with it takes a lot of patience and learning. I better suggest starting with small quantity and make normal profits instant of looking for a high jump.Originally Posted by ;
That depends on your leverage, your lot dimensions and your type of trading. That question actually does not have only one answer, not to mention at the end of the day regardless of the magnitude of somebody's account, if a person can't profit regularly they won't profit $2000 a month.