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Attachments: Is $100,000 A Decent Capital In Trading?
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Is $100,000 A Decent Capital In Trading?

Quoting Sajidhelp
{quote} you need to have statistic data about your win rate. i imagine that you have win rate of 65% risk reward 1:1 every trade will end with losing 1% of your account , or winning 1% of your account. frequency: 20 trades per month (you open 1 trade every day). at the end of the month : you will have 13 winners & 7 losers total net profit : 6% this will happen if all months are the same. ======================================= if you have losing month, then you need to calculate your profits on quarterly basis. for example: June:18 winners & 2...
yep. This thread is to help educate the beginners. And to help them with realistic expectations
TMT Scalping System (Best system on FF)
My goal is to have $250k to trade with when I retire. Or, in other words, I might retire when I have that much to trade with. The safe assumption for me is that I would net about 20% per year after taxes, so that $50k per year would be money to travel on and enjoy my old age. I plan on retiring debt free.....
"If The Fool persists in his Folly he will become wise." - William Blake
Quoting Sajidhelp
{quote} at the end of quarter : you will have (39 winners & 21 losers) which means 65% win rate.
and you should withdraw your profits every quarter (not every month)
Your statement is not entirely correct. A trader with good money management and with a 40% win rate might be more profitable than a trader that has a 65% win rate composed of small gains and large losses because of his poor money management.
We have A lot of feedback!
The people reading out there would resonate with some of the comments from members.

Post your opinions and dont get intimidated with the amount of money others are saying

Good Day
TMT Scalping System (Best system on FF)
Quoting Mandariin
{quote} I think you mean 2nd world countries. 3rd world countries are far away from 1000$. With 1000$ in you are filthy rich
Most people have no clue what being rich or poor means on a global basis. Entering your net yearly salary on this link will show you how rich you really are.

http://www.globalrichlist.com/
100.000 USD is safe or not in trading ?
First question is how safe your trading system . If it safe , it is must be your system can beat market all the times, not just only few times or a hundred times.


But Most Important Things is HOW SAFE IS YOUR BROKER .
Some bad brokers cheat by manipulating price and taking some pips.
Other bad brokers give you Statement of Profit because your trading system , BUT YOU NEVER ABLE TO WITHDRAW .Maybe the reason is you are breaking their rules or what ever reason .
Or because you can not log in client area so you can not withdraw .
Even a third part. 10% per month is 3K. With 100k is 10k per month. A lot of money
Try don't lose pants never...
5-8% is very good results for a full time trader. Anything above that is either

- Variance (Luck, but mathematically described luck)
- Very high skillset

If you know your average return of investement on a live account, then you will have answered your question yourself.

However, do not forget tax, easy to forget.

In sweden you have to pay 30% tax on your profits and some instruments are losses only deductable by 70%.
There is no edge in trading. Your edge is understanding risk
Quoting Sajidhelp
i think (60 thousand) account is very enough. with conservative money management: you can earn 5% profit monthly . 5% of (60 thousand) is (3 thousand) monthly. that is a huge profit & will enable you to live a good life , even in the USA.
Can you explain what conservative money management is for you? Because I doubt you can make 5% monthly on average with conservative money management.
It would be nice if people who are giving advice would connect myfxbook or trade explorer. If thats not the case then all this advice cant be taken seriously. I see some crazy numbers being thrown out there and see it as wishful thinking more than anything else.
Quoting xtradex
{quote} Can you explain what conservative money management is for you?
hello my dear friend.
i love France very much.

i have discussed my opinion in this post :https://www.forexfactory.com/showthr...6#post12261386
i said :"every trade will end with losing 1% of your account , or winning 1% of your account."
my opinion is based on the case of the member who opened the thread (Pollen) & i know he is profitable trader & he can achieve these calculated profits or even more.

its just my opinion & by the way, i'm a loser trader , i have lost many accounts (demo & live).
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It's way more than enough, but like I was telling a friend, your risks actually elevate when your account is smaller because you'll almost always over leverage. This is especially true with newer traders. I think with Forex you can go way than $100k, even $20K with very disciplined MM is reasonable. With Stocks, Commodities etc. $25k is prob the majic minimum to really reduce risk and get a decent return.
No surprise here and totally expected ... for the majority trading the forex is like going to the casino.
Albeit there is some progress... not too long ago the magic amount was only 5,000
Guys
Vote on the poll with our honest opinion!

On the first post
TMT Scalping System (Best system on FF)
My attitude is to grow your trading capital by starting small. If you have $100k don't put it on Forex trading.

Trade safe.

KP
Do your homework, follow the footprints of smart money
5000 USD would be enough to allow me to trade full-time.
however everything depends on your system, there are systems that can beat the market consistently and provide 10% + profit per month.
https://www.forexfactory.com/autrader#acct.09
My source of inspiration, one of the very few trade explorers where everything makes sense and points to a proven consistent method even the trade length time is consistent.
Quoting AmmaBoss
5000 USD would be enough to allow me to trade full-time. however everything depends on your system, there are systems that can beat the market consistently and provide 10% + profit per month. https://www.forexfactory.com/autrader#acct.09 My source of inspiration, one of the very few trade explorers where everything makes sense and points to a proven consistent method even the trade length time is consistent.

unfortunately he has left FF....
Quoting AmmaBoss
5000 USD would be enough to allow me to trade full-time. however everything depends on your system, there are systems that can beat the market consistently and provide 10% + profit per month. https://www.forexfactory.com/autrader#acct.09 My source of inspiration, one of the very few trade explorers where everything makes sense and points to a proven consistent method even the trade length time is consistent.
dont let you cheat so easy.

autrader was never a "trader", maybe a cheater and a fake trader in best case.
there was 2 possibilities:
1) he was faking having winning account with IronFX, a very known scam broker.
2) he simple used arbitrage trading to cheat the broker (whats stupid with a scam broker)

so looks , that he simple was a cheater who was trying faking IronFX is a broker, you can use for trading.
near any trade was open and closed in same minute, its easy to do when you are connected to the broker..... and also easy to do with arbitrage trading (but withdraw would be impossible, only possible when connected with broker and cheating win out of broker )

so dont use such a bad/fake trader as example.

always learn the basics first, what is possible with trading and what is possible with cheating... or you follow very stupid traders and cheaters.. and you waste time with a scam.

when he would be real, why would he choose one of the biggest scam brokers, when he could easy take any good broker?
Quoting PowerMoon
{quote} dont let you cheat so easy. autrader was never a "trader", maybe a cheater and a fake trader in best case. there was 2 possibilities: 1) he was fakng having winning account with IronFX, a very known scam broker. 2) he simple used arbitrage trading to cheat the broker (whats stupid with a scam broker) so looks , that he simple was a cheater who was trying faking IronFX is a broker, you can use for trading. near any trade was open and closed in same minute, its easy to do when you are connected to the broker..... and also easy to do with arbitrage...
Sure buddy lol ... , so where's the proof of this?
Quoting AmmaBoss
5000 USD would be enough to allow me to trade full-time. however everything depends on your system, there are systems that can beat the market consistently and provide 10% + profit per month. https://www.forexfactory.com/autrader#acct.09 My source of inspiration, one of the very few trade explorers where everything makes sense and points to a proven consistent method even the trade length time is consistent.
Unlike many traders your way of thinking about trading is very sound. I have seen traders that claimed that their systems earned 2% per day and, although possible, this is unrealistic for most traders without taking unacceptable risks. With your investment of $329, with a consistent growth of 10% a month and without taking undue risks, you can grow your account to your target of $5,000 in 111 weeks as shown in the attached spreadsheet derived from the Symphony Trader System. More information about the Account Ratio System (ARS) are in this link https://www.forexfactory.com/showthr...48#post4984348

I wish you the best of luck with your trading hoping that you will constantly reach your 10%+ profit target each month.
Attached File(s)
File Type: xls Symphonie System Weekly Growth Plan - 2.5%.xls   77 KB | 241 downloads
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