With a decent strategy, is it possible to double your money consistently every year?
- | Joined Jul 2007 | Status: Member | 159 Posts
know thy edge and abide by it ! 4 in it shall thou be successful !
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DislikedIt is possible, even with good money management, depending on the strategy. Think about it... if you take one trade a week and only risk 1%, you will never manage it. If you take 50 trades a day, risking 1% and average 1.5% profit per trade, then it is possible. Plug some numbers in a calculator. Or Excel.Ignored
DislikedWith a decent strategy, is it possible to double your money consistently every year?Ignored
DislikedWhy limit yourself to Forex?
With a decent strategy, you can double your money every year putting it on black as well.
http://en.wikipedia.org/wiki/EudaemonsIgnored
DislikedThat may be true but it was completely besides the point I was trying to make.
I was trying to explain that yes, it's possible to double your money in a year. It's even possible to double it in a day.
But the opposite is also true. You can lose it all in a matter of seconds.Ignored
DislikedWith a decent strategy, is it possible to double your money consistently every year?Ignored
DislikedIf you find someone please let me know. I'm simply looking for several good traders that can avg. 5% per month to help me manage my fund. I would like a vacation.
RoIgnored