Based on my experience. It was difficult to get more than 40 pips/day in one pair. Your daily target 200 points in one pair or 10 points /pair is impossible for now.
hi... is it possible to double the account every day with theses conditions : Balance 10000 $ Leverage 1:100? with lot size 5 we need 200 points in one pair or 10 points /pair of (20 pair ) if any one can help with strategy or idea to do that ???
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Certainly not for me. The math does not seem feasible.
Don't get stuck in your mind when people say they make double every day. They are either playing or faking for their own benefits. People I see, many newbie people, who had very bad experience in forex in live. Sometimes you need to be skeptical to get rid of imaginative words. It's possible to make account double but it takes years to achieve it, not to mention it includes blowing account as well. Reality is so much different than dreaming. The best solution is anything which belongs to you, your planning, your real learning, your management and most importantly, your research. Glad you put up this question but don't get stuck in your mind. Wish you well.
Its possible. But we have maintain self discipline.
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I am not sure that any amount of discipline can make up for the natural and expected losses that come with any strategy, even when the strategy is successful.
hi... is it possible to double the account every day with theses conditions : Balance 10000 $ Leverage 1:100? with lot size 5 we need 200 points in one pair or 10 points /pair of (20 pair ) if any one can help with strategy or idea to do that ???
If anyone had doubled his account then give their experience here so that we can also hope for it.
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i have never found at any guys who double his money everyday by manual trading , making money from trading is very difficult task , because every faction is uncertain and no one can predict the real faction , so doubling money from here with consistency almost impossible. i think 30% return according to your trading balance is most appropriate.
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Joined Apr 2018
|459 Posts
you couldn't see but lots of there is, otherwise why million traders are here ? making profit smartly is a tough game but possible by ensuring some inevitable part of tracings.
there is an idea to get double ac every day, you have 100 usd first day risk 10 and if you make it double withdraw 10 and trade another day if you loss trade with another 10
Double everyday? shit i was thinking ill be happy to make $10 per day with 1000 lot .10 cents per pip lol.............guess i need to dream(spend) big? haha
there is an idea to get double ac every day, you have 100 usd first day risk 10 and if you make it double withdraw 10 and trade another day if you loss trade with another 10
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I am curious if this idea has ever worked for anyone?
It is very much doable. But not by trading in a traditional way - unless you have a VERY good strategy that you're willing to go big on in terms of lots, but that I'm yet to see.
Compounding is the key to big percents per day, and obviously multiple pairs - as in, 10+. The idea of "place a trade with fixed stop and fixed profit target and make 2% a month" has always baffled me really. Seems like it's just a bad method passed down to people who haven't actually bothered to backtest for themselves.
Good luck
i cant say its impossible but its pretty diffecult tough see trading isnt about strategy as much asa hall trading plan so if you want to reach an objectif of 20 pips per day you need to have a trading plan created specialy for this objectif so all the parts of your trading plan(market;size;instruments;timeframe;strategie...) should be based on this idea so the best question is are you able to do that ? if it s a no dont waste your time in somthing you can't reach no matter how much effort you can put on it otherwise you must be a hell of a genuis
good luck and keep the hard work bro
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Joined Apr 2020
|370 Posts
Yeah, that's what I mean. Theoretically possible but highly unlikely in practice. You may do it once in a while but doing it every day!..who wouldn't want to know that secret!
