What is best strategy to make $100 Daily? | Forex Factory

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What is best strategy to make $100 Daily?

  • #1
  • First Post: Sep 22, 2009 8:13am Sep 22, 2009 8:13am
my goal is to take $ 100 every day

are 10 orders on 0.1 better than 1 order on 1.0?
  • #2
  • Sep 22, 2009 8:22am Sep 22, 2009 8:22am
No.

One carefully considered trade is better than 10.
If it's too good to be true, it probably is.
  • #3
  • Sep 22, 2009 8:35am Sep 22, 2009 8:35am
Quoting d0MiN077
my goal is to take $ 100 every day

are 10 orders on 0.1 better than 1 order on 1.0?
If you would have a positive expectancy and everything else being equal, 10 x 0.1 bets would be better than a one 1.0 bet.
But chances that you have a positive expectancy are not big...

oh and BTW, the market doesn't give a $hit what your goal is.
I'm not insane; my mother had me tested.
  • #4
  • Sep 22, 2009 8:55am Sep 22, 2009 8:55am
The best way to make $100 per day is to have $100,000. No joke by the way, because making 0.1% per day in average sounds easy but actually isn't.
  • #5
  • Sep 22, 2009 9:55am Sep 22, 2009 9:55am
try these, these will make you $100 a day

http://www.forexfactory.com/showthread.php?t=176451

Quoting d0MiN077
my goal is to take $ 100 every day

are 10 orders on 0.1 better than 1 order on 1.0?
PM Me If You Need Help!
  • #6
  • Sep 22, 2009 10:13am Sep 22, 2009 10:13am
Open a high yield saving account with a big enough initial deposit to make $100 a day. Safe and easy.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #7
  • Sep 23, 2009 10:17pm Sep 23, 2009 10:17pm
Quoting LasVahGoose
Open a high yield saving account with a big enough initial deposit to make $100 a day. Safe and easy.
Agreed,


The first step in the process of you ever becoming a successful trader is to stop thinking as you are now. (In $ goals per day,week,month whatever it be you can only make what the market gives you)

Find a strategy that fits your personality first and then FOLLOW THE RULES of that strategy on a DEMO ACCOUNT, prove to yourself it works and build your confidence.

Following these few suggestions will help get you going in the right direction.
  • #8
  • Sep 24, 2009 12:13am Sep 24, 2009 12:13am
I agree too,

There's no magic formula, none of us (I believe) can tell you how to make a USD $100 constantly. My best advice for your will be to read and learn everything you can about Forex, and at the same time trade on Demo first (until you know exactly what to expect). Then, you will be able to set your goals according to your possibilities.

Good Luck
  • #9
  • Sep 24, 2009 7:26pm Sep 24, 2009 7:26pm
Make $100 daily or loss $100 daily?

I think both are same case.
  • #10
  • Sep 24, 2009 10:14pm Sep 24, 2009 10:14pm
Quoting masut
Make $100 daily or loss $100 daily?

I think both are same case.
Haha...you right!!
Whatever strategy you used to make $100 daily , preffered risk < $50 daily too.
  • #11
  • Sep 25, 2009 1:16am Sep 25, 2009 1:16am
Quoting d0MiN077
my goal is to take $ 100 every day

are 10 orders on 0.1 better than 1 order on 1.0?
I think with capital $10,000 and with correct system, proven can gain $100 daily easily.
  • #12
  • Sep 27, 2009 8:08pm Sep 27, 2009 8:08pm
Quoting RoBiK

oh and BTW, the market doesn't give a $hit what your goal is.
This made me laugh !
  • #13
  • Sep 29, 2009 1:46am Sep 29, 2009 1:46am
I suggest getting a regular job.
  • #14
  • Oct 3, 2009 11:15pm Oct 3, 2009 11:15pm
can be a taxi driver bud not a trader ) just kidding
Success consists of going from failure to failure without loss of enthusiam
  • #15
  • Oct 3, 2009 11:40pm Oct 3, 2009 11:40pm
Quoting RoBiK
oh and BTW, the market doesn't give a $hit what your goal is.
you make the market sound like an
Uncaring, Brutal, Baby Slappin PRICK!

lol
taking series 3 and 34
  • #16
  • Oct 4, 2009 11:06am Oct 4, 2009 11:06am
My honest opinion: study, learn from your mistakes, work hard and develop your own individual style. You will find other traders material extremely beneficial, but at the same time you need to trade in a manner that suits you.

Best of luck.
  • #17
  • Oct 5, 2009 2:04am Oct 5, 2009 2:04am
Quoting skorcht
you make the market sound like an
Uncaring, Brutal, Baby Slappin PRICK!

lol
That's what it actually is. But PLEASE stop destroying our sweet dreams about tender and caring market, helping us out all the time. Just stop it!!
  • #18
  • Oct 5, 2009 5:19am Oct 5, 2009 5:19am
I suggest just making $500 on Monday and enjoying the rest of the week off. From the sounds of things, and this is going back to the 10x .1, overtrading for the $100 will give you more psychological dramas than good.

Even in todays environment there are much safer ways to make $100 a day. It isnt unrealistic in anycase, but you have to allow yourself to loose $100 before you can put yourself in a position to make $100 a day.

Razor
  • #19
  • Oct 5, 2009 6:12am Oct 5, 2009 6:12am
My 2cents is its not a bad target. Its better than working 11hours on minimum wage of $ 9 per hour at some job you probably won't like. Question is what would be your minimum investment in forex that would give you enough room to make that kind of money.
  • #20
  • Oct 9, 2009 4:25am Oct 9, 2009 4:25am
  •  zykas
  • | Joined Oct 2008 | Status: ... measure thrice, but cut once | 196 Posts
I think the only strategy is to practise, practise and practise....then you will see the sytle that suits your person.
I like the Big Dogs because I trade like them
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