I've read several posts here about how it you are making constant 10 pips a day, you can be a millionaire in 2 years. Someone even said that if there is a constant profit of one pip a day, one can become a millionaire.
I did the math and don't realize how that is possible. Say you trade one lot, $10 a pip, 10 pips a day will make it $100 a day. That's 500 a week, $2000 a month, $24,000 a year.
Someone please explain it to me lol.
I did the math and don't realize how that is possible. Say you trade one lot, $10 a pip, 10 pips a day will make it $100 a day. That's 500 a week, $2000 a month, $24,000 a year.
Someone please explain it to me lol.
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