MightyOne wrote:I guess the question is how many targets you can average per month.
$/targets to replace a $50,000/yr job:
$600 / 2.5
$6000 / 1.25
$9500 / 1
Our goal would be to reach $60,000 in 8 months (4 months breathing room).
Somewhere between 12-19% of your gross income is enough to replace it.
If you were trading for pips then you would need about $200,000
Alright, we start with targeting 26% a month.
Begin with 12% of my expected annual gross income.
You would have to hit the target about 9 times in
a year. That's about 800% a year.