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What is best strategy to make $100 Daily?

  • #21
  • Oct 9, 2009 7:48am Oct 9, 2009 7:48am
Quoting SimonK
No.

One carefully considered trade is better than 10.
why? if it brings in ten pips a day.......
  • #22
  • Oct 9, 2009 11:17pm Oct 9, 2009 11:17pm
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 had 100k , you leverage to 600k AUD/usd and I believe you'll make 100$ on interest per day!

Don't take this as investment advice though lol.
  • #23
  • May 29, 2010 5:49am May 29, 2010 5:49am
Success consists of going from failure to failure without loss of enthusiam
  • #24
  • May 29, 2010 9:47am May 29, 2010 9:47am
Quoting Xaron
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.
I was going to write the very same comment! (guess I'm a bit late, huh?)
Proper capitalization is the key to a stressless and fruitful trading, with consistent returns and very small risks.
  • #25
  • May 30, 2010 5:05am May 30, 2010 5:05am
$100 a day? Easy, deliver pizza. It's easy, largely skill free, money is pretty consistent and guaranteed, and you get fringe benefits (free pizza obv).

Do not under any circumstances try and trade on that basis. Its not possible and you are walking straight into a blackhole of results orientated faliure.
  • #26
  • May 30, 2010 8:06am May 30, 2010 8:06am
Quoting d0MiN077
my goal is to take $ 100 every day

are 10 orders on 0.1 better than 1 order on 1.0?
10 orders on 0.1 = ten spreads you will be paying...........
  • #27
  • May 30, 2010 8:25am May 30, 2010 8:25am
Quoting tradestar1
10 orders on 0.1 = ten spreads you will be paying...........
But they will be proportionately smaller.
  • #28
  • May 31, 2010 8:30am May 31, 2010 8:30am
the best strategy is to practice on demo account first until u comfortable with ur trading style n double ur demo account
  • #29
  • May 31, 2010 10:33am May 31, 2010 10:33am
Quoting Honor
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.
Listen to this guy.Work hard and never give up!!
  • #30
  • May 31, 2010 2:16pm May 31, 2010 2:16pm
Quoting ForexDude
best strategy is to save your money and dons't waste one cent in forex... you will lose it all.
Wow... what great advice... again...

It must really suck to be you...

Why so sad girlfriend?
  • #31
  • May 31, 2010 4:05pm May 31, 2010 4:05pm
Excuse me $100? piggybanks are cash. cars are credit. stocks are shares. futures are points. real estate is square feet. And forex is tiddlywinks.
  • #32
  • Jun 7, 2010 6:14am Jun 7, 2010 6:14am
first thing, limit your risk first.

apply good trading method which gives better probability to win
(bytheway I use 'momentum' trading)
then, improve your trade management with no attached emotional/ by feeling decision.
In advanced, you can do money management suitable to your winning probability and your margin.

This is basic, simple concept, but half-dead to be applied.
  • #33
  • Last Post: Jun 7, 2010 7:24am Jun 7, 2010 7:24am
Stay 'childfree by choice.'

Babies are quite expensive and money saved is money earned.
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