I like your plan, but I think that one year is much too slow for me. The market moves hundreds of pips each day. Every day the EUR/USD has a range of over 100 pips. So I figure, why not catch about 100 to 200 pips each day?
If you only risk, say, 30 pips to make 100, and if you risk 20% of your capital each trade, then each trade will increase your capital by 67%.
If you do one trade each day, and increase your capital by 67%, your $119 will grow to $20,000 in only 10 trading days, and $3.4 million in only 20 trading days!
I think this is a more enjoyable plan, because then you can retire for the remainder of the year and enjoy spending and giving away all your money.
I hope that you don't spend it all on yahts and silly things like that, but rather on helping the poor, sad, sick and lonely. And don't forget to help the victims of government injustice.
After you've spent or given away most of your $3.4 million, then you can trade for another 10 or 20 days, and repeat the same procedure each year.
I recommend this approach over yours, unless you are trying to develop patience.
Furthermore, if your plan takes about 1 year, by that time there could be some kind of nuclear war or martial law or global pandemic. So it's better to make all your money in two weeks or less, and then have more time to enjoy it and to do good in the world. Perhaps you could fund a world peace plan so that we can all have more time to live and not have to worry about wars, plagues, depressions and the like.
If you only risk, say, 30 pips to make 100, and if you risk 20% of your capital each trade, then each trade will increase your capital by 67%.
If you do one trade each day, and increase your capital by 67%, your $119 will grow to $20,000 in only 10 trading days, and $3.4 million in only 20 trading days!
I think this is a more enjoyable plan, because then you can retire for the remainder of the year and enjoy spending and giving away all your money.
I hope that you don't spend it all on yahts and silly things like that, but rather on helping the poor, sad, sick and lonely. And don't forget to help the victims of government injustice.
After you've spent or given away most of your $3.4 million, then you can trade for another 10 or 20 days, and repeat the same procedure each year.
I recommend this approach over yours, unless you are trying to develop patience.
Furthermore, if your plan takes about 1 year, by that time there could be some kind of nuclear war or martial law or global pandemic. So it's better to make all your money in two weeks or less, and then have more time to enjoy it and to do good in the world. Perhaps you could fund a world peace plan so that we can all have more time to live and not have to worry about wars, plagues, depressions and the like.