I have been involved in the foreign exchange market (Forex), since 2007. Learn a lot, a lot of research and also a lot of failures. Many times, my account had run out of fund. Lost a lot of Money.
On 20/02/2013 I Officially found a secret of Forex trading, a new formula and It presented amazing results. I confidently set up a business plan: Each month doubled its capital like below.
2/2013: $ 350
3/2013: $ 700
May / 2013: 2.800usd
July / 2013: 11.200usd
January / 2014: 716.800usd
May / 2014: 11.468.800usd
July / 2013: 45.875.200usd
My goal is to turn $ 350 into $ 1.5 millions in 12 months and 45 millions usd in 18 months.
Below is what I actually achieved.
05/07/2012: Invest an initial capital of $ 300.
5/7 - 19/2/2013: earnd 37usd, the capital became 337usd
On 20.02.2013 officially found a secret and apply new business formula.
20/2 - 22/2: Only 3 days increased capital 393usd (56usd profits, an increase of 16% of capital)
My goals in February and March is the capital increased to $ 700.
Take a look at my reports in future
I see that you have thought about the gains. Did you consider the risks too?
With 100% projected gain per month usually people are burnt in a very short time. First calculate the risk and the worst case scenario, not the best case. If it was for the best case, everybody would be a zillionaire by now and that is even mathematically not possible
I am not telling that the best case scenario can not happen, but what I am telling is that the odds for a best case scenario are by far, far less than for the worst case scenario and that makes it so rare (in fact so rare, that even Warren Buffet is counting on 20-30% a year not on 100% a month). It is not a "game" with symmetrical odds (especially when the expectations are high).
So much hope. One more "hope" system
you would need to make 100% return on your investment every month to double your account,
when most people take a trade, they risk say between 2-4 % of there account , this is why I dont like to talk about pips because i dont care about pips, what do I mean ?
well lets take a look at this realistically
say we take a trade with a 30 pips stop loss, and risk 2% of our account for 60 pips win, that 2-1 rr and 4% gain for the win and 2% loss if my stop is hit,
this is also the same as 300 pips stop loss and risk 2% of the account for a 600 pips win , that is still 2-1 rr and 4% gain for win and 2% loss if stop is hit
we have to look at time vs money
if i want to risk 300 pips at 2% to make 600 pips for 4% then how long am i in the trade for to expect to hit 600 pips for only 4% return ?
but on the other hand if i take my 30 pips stop loss for the 60 pips win , this may be a day trade, say taken on the 1 hour time frame, and may last 2 days even, or 1 day , just depends on price action,
but i may think that the trade i took on the lower time frame was more of a risk as the market can be more choppy the lower you go down,
so it really depends on what your comfortable with in your trading, if your looking for 100% return on your investment every month, then you would need to be an amazing day trader, with high win loss ratios,
so good luck with that one,
realistic expectations for return on investment, is around anywhere between 20-40 % return , depending on price action and also your win loss ratio
This is all I have to say regarding this,
Check out this guys 2 posts made on ff forum in 1 post the above in the other help to find a trading system as he,s losing money in forex both posted the same day!!!!
He's been suspended on FF I believe.
Its highly informative to study the forex business plans if you are a newbie. You can learn a lot also will learn about the terms and condition. It is an opportunity to handle your business accurately.
What is your secret behind for you to be able to double your account every month?
if its martingale, its not worth it.
it can only double small account
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