5 Times Leverage, 2% Risk Per Trade Can Make You Rich

Quoting pipexplorer1

Disliked

I think we're both right. You're just seeing it a little differently.

Because what I did was to keep the weekly profit constant. So for example, on a 10000 account, it will be $200/wk for the entire year. (2% of 10000). For year 2, it will be $408 every week- 2% of 20400. In my calculations, the weekly profit for any given year are the same--2% of the amount at the start of the year.

But you're right. Compounding makes it much bigger.

Ignored

Quoting ForexDude

Disliked

yeah yeah.. we will all become RICH overnight, dude... heh..

We all know, it's already a FACT that 95% of people lose money in this biz... while the 5% collect that money. It is a ZERO-SUM business, which means that those who win money, earn what the others lose. There is no magic machine that will make you money. Only a PhD, control of tech analysis, plus 5 years of experience in the biz, could "maybe" make you a living.

Forex is FULL of scammers.

http://en.wikipedia.org/wiki/Forex_scam

Ignored