Hi,
I would like to ask you about the behavoir of accounts once they get bigger.
I mean, if you start an account with 1000 USD, you trade with a pip value of 1/1000 of account total and consistently make a 150pip weekly profit, in a year you would be close to 1.5 million.
150pip/week from my (very short) experience and from reading different blogs/forums/chats doesn't seem like a very difficult target for a good trader.
My question is: do brokers really allow you this kind of profit? or I'm missing something....
Another related question: How true is that they get compensated with the spread? Do they really earn money for every trade we make, or they only make money in the ones we loose?
Hope someone can help me get a better view.
I would like to ask you about the behavoir of accounts once they get bigger.
I mean, if you start an account with 1000 USD, you trade with a pip value of 1/1000 of account total and consistently make a 150pip weekly profit, in a year you would be close to 1.5 million.
150pip/week from my (very short) experience and from reading different blogs/forums/chats doesn't seem like a very difficult target for a good trader.
My question is: do brokers really allow you this kind of profit? or I'm missing something....
Another related question: How true is that they get compensated with the spread? Do they really earn money for every trade we make, or they only make money in the ones we loose?
Hope someone can help me get a better view.