what is a realistic result from a month of forex trading with a real company?
Wednesday, May 26th, 2010 at
6:11 am
If I was to place in $1000 into a forex trading company, what is the realistic result I would get from that in one month period?
Tagged with: company • forex • From • Month • Real • realistic • result • trading
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Forex EA
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Nearly no money left….Forex is very risky and you shouldn’t be in it unless you have had years of investing experience, know the markets and can constantly monitor the markets and what is happening in the world. You don’t place in an order and go to work and check your prices the next day…it would be a recipe for disaster
Hi Richard,
I have what I reckon is a fantastic trading system for you. Unfortunately this system comes with so many problems that you probably won’t be interested in it….
First, you don’t ever have any losing days with this system and we never use stops so there are no losing trades.
Second, you don’t use any charts and I know how much most folks like charts….as much as I used to like them.
Third, it only takes 30 minutes a week to trade. I know that you guys devote your lives to trading so this system “just won’t do it.”
Fourth, it only makes about 20% a month in profit so it can double your money every 3 or 4 months.
Fifth, it’s not a directional trading system so it makes money in all markets whether the price goes up or down.
I was going to tell you about it but because it has all these problems, I won’t bother you with it. I’m sure you wouldn’t pay any attention to it even if you knew about it.
Paul Upp
http://www.15daytrial.com
It depends. Really depends. Say you have $1000 and you open a mini account. Say every loss you limit it to $50 or 50ptsfor 1 lot. Say you have a string of terrible lucks. 20 terrible lucks that is $1000 gone. How long does it take. From within a day to a month. How long does it take to make 20 trades ? If you want to even within an hour. AND that is just 1 lot we are talking about and limit loss of $50.
SO! To make any money your win/loss ratio must be better than 50/50. AND ! the win$/loss$ ratio must be better than 50/50. Use an excel sheet and work out the various permutation.
The Forex market is an brilliant way to make money. What people do not realize is that there are three types of investors: Small-term, mid-term, and long-term. I myself am a small term investor, since that is the fastest way to get paid, making money on the small movements on the market. The only thing though is that you must watch the market like a hawk. It is a job, just like any other job, but it is a cool job. In order to really make money in the forex market, and delight in life at the same time is to buy a laptop computer, go to Starbucks, or some coffee shop that has pretty girls walking by, (for motivation) and WORK!!!!! Watch every small movement on every pair.
If you want to invest small term, have a small goal. I trade on http://www.forex.com where you can trade on 200:1 margin. Now, you said you have $1000 to invest, that means you can trade 200,000 USD. What you do is you buy 5 lots and try to earn 10 pips on it. Do this every day for 5 weeks and you now have $2000. In five weeks your investment will compound.
Also, study the concept of Japanese candlesticks. You need to be an expert on how the Japanese canlesticks work. Here is that website for you. My e-mail address is ej105@hotmail.com if you have any questions. I will look forward to meeting you on the top of the ladder of success!!!!!!!