Everyone wants to be an overnight millionaire, but not me I want to be a millionaire in one year
My starting balance is $20.000
Here's the math:
By risking 10% of my equity per trade i can expect to achieve 5x after achieving 17rr (risk-to-reward)
$20.000 x 1.1 to the power of 17 = $101.089
My strategy returns in average 10rr per month
And I've already started since this month
Here's my Trade Explorer to let everyone see that overnight success is a scam and a calculated approach is the holy grail
https://www.forexfactory.com/remonpilip/271803
To be a millionaire I need 42rr, theoretically i can achieve that in 4 months.
But we'll see, since in reality not every month will be a profitable month
My starting balance is $20.000
Here's the math:
By risking 10% of my equity per trade i can expect to achieve 5x after achieving 17rr (risk-to-reward)
$20.000 x 1.1 to the power of 17 = $101.089
My strategy returns in average 10rr per month
And I've already started since this month
Here's my Trade Explorer to let everyone see that overnight success is a scam and a calculated approach is the holy grail
https://www.forexfactory.com/remonpilip/271803
To be a millionaire I need 42rr, theoretically i can achieve that in 4 months.
But we'll see, since in reality not every month will be a profitable month
Steps to profitability: Collect data, money management, stay bored
