You are a very wise trader. Even if you "gamble" with a risk of 1% to your account you will need 100 consecutive losses to blow your account. If you have a fairly profitable strategy, you will make good profits.
ussualy i think trading like a gambling is good too.. but with note, we must use money management. just small lot in each our trading.
pipsdragon, You are correct, gambling is not good, but even if we wish to gamble in our trading, then we will have to use good MM, just small lots per trade.
I will just make a simple profit calculate
profit:lose = 1:1
and my trade will be have a target 1k (1% of the capital)
and trade 12 days in whole month
it's enough for a good life to me
thanks for the thread
If you had $ 100 in my account of my goals will be as follows
First, no loss
Second, determine the point value 0.10 cents
Determine the right time for me to trade
Strategic determine my
Standing next to me luck
If you had $ 100 in my account of my goals will be as follows
First, no loss
Second, determine the point value 0.10 cents
Determine the right time for me to trade
Strategic determine my
Standing next to me luck
we talking about $ 100k (100,000$) not 100$
but anyway it's a good money management that you follow
have a nice day
100k is pretty huge for me, i will only risk one percent of my account, no more, i able to life well by trading those margin, perhaps my monthly return around 10k with that account
If I had 100k in my forex account i would make 5 trades everyday scalping for 3 pips of a lot size of 100. I would earn over 750 in just ******s everyday and shoot for a profit of 1.5%
100k is pretty huge for me, i will only risk one percent of my account, no more, i able to life well by trading those margin, perhaps my monthly return around 10k with that account
Same to me lol.
With that we can have a good living.
If I have 100k my 1-2 working days in forex will be enough for 1-2 months.
I hope I can reach it soon.
I would never take it that easy to only work a couple days a month. I would probably use the majority of my profit to invest in fixed assest or a more safe investment.
Its not that most traders don't want to use a save MM but when the fund is not much we tend to defile MM just to make reasonable profit at all cost
is the cause of losing a lot of tradeur make profits in a short time with a small margin leu capital account in a short time the most important thing is within the limits of your account
If I had 100k in my forex account i would make 5 trades everyday scalping for 3 pips of a lot size of 100. I would earn over 750 in just ******s everyday and shoot for a profit of 1.5%
wow that is a nice concept of making profit from you even with less risk but please i want to ask you if its possible to get ****** on bonus trading account. Thanks
I would never take it that easy to only work a couple days a month. I would probably use the majority of my profit to invest in fixed assest or a more safe investment.
same thing that i will do. if i have $100K my target monthly profit is 10%. so with $10K that i receive every month i will buy gold and property. so in case some thing happen with my acct i still have asset.
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