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Where's a million coming from? If you spent three years making $10 out of $1, and you blew $100?
Don't forget, you've already lost four million just in this thread. How many that we don't know about?
A simple calculation shows that such an increase is possible.
For example, at current EURUSD prices, if you open a trade with a volume of 18% of the deposit and get a 10.0 pips profit on the trade, it increases your deposit by 7.9%. A profit of 12.0 pips solves the problem of 10% of your deposit every day !!! :)
You don't need to add up all the charts, the volume of the position solves the problem.
It is clear that the volume cannot increase indefinitely, because there is a liquidity ceiling. In this case we have to split the position either by volume or by instrument.
As the ceiling is reached, the move to other markets may be considered. The main thing is to start ))
Have you heard of compound interest?
A simple calculation shows that such an increase is possible.
For example, at current EURUSD prices, if you open a trade with a volume of 18% of the deposit and get a 10.0 pips profit on the trade, it increases your deposit by 7.9%. A profit of 12.0 pips solves the problem of 10% of your deposit every day !!! :)
You don't need to add up all the charts, the volume of the position solves the problem.
It is clear that the volume cannot increase indefinitely, because there is a liquidity ceiling. In this case we will have to split the position either by volume or by instrument.
If you do the math, what you wrote, well, how much you can get from 1 dollar and 10 pips at 18% of the balance. 10 points will be 10 dollars - Precho let 100 = 0.1 cent, well one, two or even 10 times catch the price, make 1 out of two dollars, in the end, all the same price will take
We have a goal !!! The main thing is not to be overdoing it and do not get carried away in trading. you have clear signals, go ahead, no, smoke =)
hehe... that gives me an idea, i'll have to try something....
For you, 10.0 pips of profit is "catching fleas", but for me it is a normal profit. Maybe it's because I think the main risk in trading is TIME IN THE MARKET, while you probably think it's something else. :)
In the two days since I started, I'm, FOREVER, in the chart. :)
Decent trade!
PS: Missed it, I repent. :) That makes two of us!
I didn't do any monitoring. I post trades and report the daily result.
For you, 10.0 pips of profit is "catching fleas", but for me it is a normal profit. Maybe it's because I think the main risk in trading is TIME IN THE MARKET, while you probably think it's something else. :)
In the two days since I started, I am, FOREVER, in the chart. :)
If you're aiming for 10 pips then yes - time in market is more important. But again, what if the market goes flat for 2-4 points for about two hours? And then suddenly it turns into a trend?
I don't care what percentage, to make money on forex, you need price fluctuations, and they are not enough to make that much money in 97 days