LeMercenaire wrote:prochargedmopar wrote:aliassmith wrote:
Level 1 risk no more than $100 a day. Not EACH trade PER DAY
Level 2 risk no more than $200 a day
Level 3 risk no more than $300 a day
$25,000 x 2% for the month = $500
$500 over 20 trading days in a month = $25 a day or $125/week
If you average 5 pips a day your lot size will be .5 on eurusd pair.
Thats about 1:2 leverage
As long as you don't blow your account in a month you can get some good learning for 50 euro. Its probably better for many people I come across. Why blow hundreds or thousands of dollars if you never really proved you can be successful.
1 yr to make 24%, the goal is to make this as a base and get better over time. Possibly up to 4%/month or better.
After 1 year you'll be at the 100k level
After 2 years you'll be at the 250k/300k level
After 3 years you'll be st the 1mill/1.5mill level
Consider it a business apprenticeship .
Where were you 3 years ago?
Where can you start a $1mill business for 300 euro?
I told you, I told you, I told you.
It's NOT about the money.
I got 30 years (hopefully) to attain my goal.
Then what?
Really, then what?
Nothing. next goal.
The process of attaining goals is the most fun part. So they say.
I just found out for the first time in 52 years that FUNEST is not a word.
I tried to write "funest part" Says misspelled.
So I searched dictionary. Hmmmmmm
Most fun part just doesn't sound right in that sentence.
I must admit - the way that US-Folks say that something is ''so fun'', really, really makes my teeth grate
Doesn't take much these days, mind you, lol.
How dare they twist the Queens English.
