DislikedAll,
let me start by saying that I don't have the knowledge of a mathematician's little finger which is why I am posting this thread. I am interested in gathering the following information:
1. Is this even possible?
2. If possible, how probable?
3. The process of how/when the pip/lot values change to achieve the end result (this will become clear further on)
Lets assume the following for simplicities sake:
1. we reach our goal of 20 pips per day every day.
2. All things are equal, no huge news trades, no forgetting to put a stop on...Ignored
At first my goal is to reach around 3 - 5% a day, i dont watch how many pips i need to make profit, simply im watching bucks. Im using same position size until i will get 100% profit or decrease positions size after i will loose 50%.
For example:
5000$ deposit .. 1 lot positions
10 000$ .. 2 lot positions
2500$ .. 0.5 lot positions
Remember, nothing is imposible, believe in yourself and carry on
My advice is not to try make from 5000$ -> 68 000 000$ in one single four year period .. divide it into 3 parts .. at first make from 5000$ your first 100 000 $, in second part make from 50 000$ -> 1000 000$, if you will be successful you can easily find some investors, increase capital and start to make great income