Let us know 4x=0 if you achieve the kind of consistency you are talking about in the New Year.
BTW, why does 4x=0?
4x=0 wrote:Maybe it's not so much what I know, but how much time I have to compound.
Using the 4% per pair/month sheet we focus on attaining the 16% per month and after 5 years, turn $1,000 into 7.3 million. It's not magic, it's compounding! It is making 4% on each major currency pair, one time per month, for 5 years. How much will you be risking on a trade in year 4? Well if you use risk management, which I do use with forex it would be 3% of the 48 mo. future value of $1000 with interest of 16% per month, so $37,248 per trade, one time per month per major. I would crunch the number for a 25 year period but I don't understand scientific notation.
October I swung my account up 13% or so, and then back down to 5% so I still have things to work on and until I become much more consistent, I need to keep an eye on reality. Thanks for all that encouragement! Let us now say a prayer for our good health and for the 4% money management sheet.