Hi all, I've been using spreadsheet to determine a 1% return every week and compounded every week, on paper I'll make good enough return to feed myself and my family and by the same time add to my trading account balance.
Now, please don't talk about the 1% return every week but rather at the compounding.
I've realized that if I had a 1% risk on each trade I make, then when my account size reached $1 mio, and if the stop size is 50 pips, then I'll be trading $200 per pip which is 20 Standard Lots worth 2,000,000 EUR on every trade I open then.
and when the account size reached $2 mio, the position size will then double that.
My question is, If I'm ever disciplined, consistent, and lucky enough to make that amount of account balance, what will be my expected spread for the pairs I am trading? because I've heard that it's quite hard for a retail broker to provide those amounts of leverage loan with small enough spreads (lets just say 2-3 pips spread on EURUSD)
Thank You.
Now, please don't talk about the 1% return every week but rather at the compounding.
I've realized that if I had a 1% risk on each trade I make, then when my account size reached $1 mio, and if the stop size is 50 pips, then I'll be trading $200 per pip which is 20 Standard Lots worth 2,000,000 EUR on every trade I open then.
and when the account size reached $2 mio, the position size will then double that.
My question is, If I'm ever disciplined, consistent, and lucky enough to make that amount of account balance, what will be my expected spread for the pairs I am trading? because I've heard that it's quite hard for a retail broker to provide those amounts of leverage loan with small enough spreads (lets just say 2-3 pips spread on EURUSD)
Thank You.