My Forex Journey
To become a Full-Time Forex Trader
I have finally decided that 2017 is the year that I'm going to become a full-time Forex trader. However, this is easier said than done, because you need to have a solid strategy producing profits consistently, month after month.......
So, I had to begin somewhere so I've decided to begin with a $10k demo account, because that is how much money I would start a Live account with. Then I have to produce 20% to 30% profit each month for at least 6 months in a row in order to survive and maybe put away a small amount. Breaking this down to a day to day setup you are looking at an avg of 1% profit per day or roughly $100.....
Now that I have established what I need to do I need to determine how I'm going to do it.....
The Strategy:
- Risk no more than 1% - 2% of my account per trade setup
- Gain 3% to 5% per trade setup
27 February 2017
Live account opened for signal copy purpose at $35/month
- SimpleTrader ( $10 for 2 Weeks Trial )
- MQL5 Signal Copy
Trade Safe!