1k to 30k in a year | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Someone can allow 30k loss with only 60k account 4 replies

Video of someone losing $30k real money - You don't want this 58 replies

Broker with US 2 year and DE 2 year bonds realtime 0 replies

1k to 30k in a year

  • #1
  • First Post: Jan 10, 2008 7:40am Jan 10, 2008 7:40am
is it possible to turn 1k to 30k in a year w/o risking too much
  • #2
  • Jan 10, 2008 7:45am Jan 10, 2008 7:45am
no it is not possible to achieve those results without extreme risk
BTC Return This Year: na
  • #3
  • Jan 10, 2008 7:52am Jan 10, 2008 7:52am
This would be extremely difficult to achieve. It has been done but not often.

Good Luck
  • #4
  • Jan 10, 2008 9:31am Jan 10, 2008 9:31am
Quoting rashad757
is it possible to turn 1k to 30k in a year w/o risking too much
Your risk = $1000. Is that too much?

The risk of losing it (using methods needed for such a huge gain) is very, very high.

If you need to ask that question, then the risk is even higher. Please don't take that the wrong way.
  • #5
  • Jan 10, 2008 9:32am Jan 10, 2008 9:32am
Just do a search here on this forum if you want info from traders here about it.
I think there must be hundreds of threads like this now.....
  • #6
  • Jan 10, 2008 6:54pm Jan 10, 2008 6:54pm
thanks. I understand that it would be extremely risky too do that. What would be a considerably amount to get in a year starting from 1k
  • #7
  • Jan 10, 2008 7:03pm Jan 10, 2008 7:03pm
If you can get 20% a month consistently, you are a
world class trader. This would mean you could
turn $1000 into $9000 in a year.

A more achievable goal is 5 to 10% monthly on average.
  • #8
  • Jan 10, 2008 8:14pm Jan 10, 2008 8:14pm
Quoting ChesterB
If you can get 20% a month consistently, you are a
world class trader. This would mean you could
turn $1000 into $9000 in a year.

A more achievable goal is 5 to 10% monthly on average.
10%, compounded monthly, is still elite level performance. 5% compounded monthly will achieve a 100% per year and still put you in the envious position of , not only being in the minority of people that make any profit at all, but beating the top performing hedge funds which achieved 50% last year. It will be a very experienced trader applying fulltime effort to achieve this. Thinking you can do better with less effort and experience will increase the chances of losing all your money. Forget monthly targets, just patiently wait for A+ set ups and take what the market gives while learning to master your techniques and emotions
BTC Return This Year: na
  • #9
  • Jan 12, 2008 3:26am Jan 12, 2008 3:26am
Quoting M.A.C.Doug
Forget monthly targets, just patiently wait for A+ set ups and take what the market gives while learning to master your techniques and emotions
Excellent advice
  • #10
  • Jan 12, 2008 4:24am Jan 12, 2008 4:24am
Quoting ChesterB
Excellent advice
yeah - one day I might actually start listening to that guy -lol
BTC Return This Year: na
  • #11
  • Jan 12, 2008 5:49am Jan 12, 2008 5:49am
Quoting rashad757
What would be a considerably amount to get in a year starting from 1k

Time ago I asked a professional trader: "What would be the right amount of startup capital to get in as few months as it's possible one million dollar with trading?"
He thought for some seconds seeming to make some mental calculation, then answered: "Two millions".
.Ubeee.
  • #12
  • Jan 12, 2008 7:00am Jan 12, 2008 7:00am
Quoting rashad757
is it possible to turn 1k to 30k in a year w/o risking too much
You'd need to triple your capital each month. You're doing extremely well if
you can triple your capital in a YEAR which equals about 10% gain each month.
So no.
  • #13
  • Jan 12, 2008 10:25pm Jan 12, 2008 10:25pm
Quoting Linus78
You'd need to triple your capital each month. You're doing extremely well if
you can triple your capital in a YEAR which equals about 10% gain each month.
So no.

If this trader triples their money each month, they will obtain their goal in 13 weeks, not one year.
  • #14
  • Last Post: Jan 12, 2008 11:35pm Jan 12, 2008 11:35pm
Quoting rashad757
is it possible to turn 1k to 30k in a year w/o risking too much
It is entirely possible. Just like winning the lottery is possible.

Far far far from probable though.
0 traders viewing now