$100 to $1,000,000?
Without actually opening a spreadsheet here’s a rough idea.
The above is probably doable, over a sufficiently long period, like 50 years.
$1000 to $1,000,000 - more achieveable, something like 30 years
$10,000 to $1,000,000 - a lot more achievable, something like 15 years
Of course it all depends on risk per trade, number of trades, win ratio, how much to take out and spend at any point blah blah blah. The point I’m making is it’s doable, just not in the next 5 years.
I made another dollar today!
I remember when I first started trading and was off to a pretty solid start, and thought I was going to kill it at this game. My early profits led to a lot of arrogance, which soon translated to increasing my lots per trade, and then, you know the rest - let’s just say I needed to re-visit demo accounts and get back to the drawing table.
I wonder how long it will take to reach a level of consistent profits. All I know is to always have a written trading plan. Don’t get caught in emotions and always stick to the plan. Easier said than done, but with firm discipline hopefully will eventually lead to being able to answer YES to the question of this thread!
[B]Aaron [/B]
It’s a zero sum market, 9 persons lose for one winner who takes all these losers money.
If it’s by chance that you have made a big winner, yes you’d better go away because unlike Casino the law of chance is not as smooth. You can loose evrything back and even faster.
nearly 0 probability. 10000$ is more possible.
There are for sure as there are doctors, lawyers
In all possibilities, you can make millions out of a hundred, that all depends on you. Surely,nobody wants to walk away with something if he is making money in it. But to be sure you get back your capital, withdraw your capital when you reach it and invest with your earnings. Plan your investments well.
Don’t be too greedy. You can’t have all the money in the world.
You’re only kidding yourself if you think you are going to turn $100 into a million. Is it possible? Sure, but it’s also possible to win the state lottery as well. So you will always hear of the very few cases where someone did it, but don’t try it on your own. The shorter time frame you make that attempt, the more you neglect the fundamentals of trading to ensure you keep your bankroll.
How about this. Try to turn that $100 into $125. Then worry about the next step from there.
I have never heard of a regular Joe who has gotten rich in Forex. Making money yes! But actually making real money, no! Now a big banker who has plenty of money can. But to me it would be dumb to keep on getting those pips and making a good profit without exiting and taking your profits. Any real business person knows you take the profits when it’s profit, you get out before you lose your profit. So, if you stay in long enough to make profits, better take it before it’s gone!
Can You more clarify with “real money”? mean millions?
I guess I should clarify a little. What I mean by real money is, money you make that you can justify as enough to satisfy your need to play Forex. Could be a million, could be 100,000. If you can make 10,000 dollars, why couldn’t you make a million. If you can make 100 dollars why not 5,000.00 dollars. From what I gather about Forex the more money you can risk, the higher your chance of making money. So, if you have 100 dollars in your account and you can turn it into 10,000 dollars, over a certain amount of time of course, why couldn’t you turn that into a million, over time of course. Depending on your time frame.
Technically any amount provided you don’t make active withdrawals will help it grow. Then after that it just comes down to risk management how good are you at tightening up those losses, maximizing winners, success rate, I’ve had my best legitimate month at 62.9% returns. But if your averaging around 10% a month your still well ahead of most of the curve.
Lets say that I have 10k(Ive followed few posts and I`ve seen that this is the target of most) and I know to trade,it is possible to make 1k or 2k or even 3k a day?
You might be able to make that on a few days, but not regularly.
A good daily average on a 10k account would be around 40-70 (0.4 to 0.7%) … which will add up to 1,000 to 1,500 (10-15%) per month.
O.
I don`t understand.Even if I trade with gold for example? Or black gold or silver?
No way making million from 100$, You need to start at least with 10 000 $ in order to not loose in one day.
Sorry and no offence but this has already been explained to you. It doesn’t matter WHAT you trade whether it be Gold, Silver, or ‘Flying Pigs’ or HOW MUCH you have to trade with (starting capital): you’re just not ‘getting it’. In not any single one of your posts have I seen the word ‘lose’ or ‘loss’. If you think that every trade you do is going to be a profitable trade then you’re in for a VERY big surprise. Depending on what trading system you use: it’s indeed possible to be profitable with a trading system that loses 60% or even 70% of the time BUT catches the very big moves which not only negate the prior losses incurred but make a profit overall. But you’re not even CONSIDERING the fact that you ARE GOING TO take some losses no matter WHAT trading system you use.
Sorry: but I’m trying to get you to see REALITY. The business of trading DOES NOT turn your PC into an ATM (Automated Teller Machine). It’s DAMN hard work and you’re trying to fly the space shuttle before even learning to fly a toy aeroplane it would seem.
And you cannot expect to ‘latch on’ to one member (experienced trader) and expect them to be there at your every ‘beck and call’ as you have attempted to do. They also have THEIR trading to worry about (among other things I’m sure). The point I’m trying to make is ‘help yourself’ FIRST (as best you can) and once you’ve got even a CLUE THEN you’ll get more ‘joy’ from the members here.
Regards,
Dale.
See my post above!!!
Regards,
Dale.
Hahaha actually Dale, I’m by no means disagreeing with your advice, but he indeed did use the word “lose”. In fact, he used it in the first sentence of this topic 
Lucus is just desperately trying to find somebody who will tell him that he can get rich in a few months, starting with a few bucks.
While I can understand his desire to be successful as soon as possible, I hope he will ‘see the light’ and understand that trading is a business, and is therefore subject to business rules.
I thought he’d understood my/our posts in the thread he opened, but it looks like he needs some more time.
He still has a gambling approach to trading, which will lead to sure disaster.
O.
LOL!!!
Alright well my apologies for that but he ‘started’ on another thread yesterday and while we’re all happy to help (which is what the forums are for) there IS a ‘limit’ let’s be honest. Not that I mean there is a ‘limit’ to the amount of help we’ll give but the person has to at LEAST do SOMETHING for themselves FIRST if you know what I’m saying. And I do my best to let new members know what this business is NOT and when they don’t LISTEN or don’t WANT to LISTEN well, then, it tends to ‘ruffle my feathers’ somewhat!!! LOL!!!
Regards,
Dale.
Sorry and no offence but this has already been explained to you. It doesn’t matter WHAT you trade whether it be Gold, Silver, or ‘Flying Pigs’ or HOW MUCH you have to trade with (starting capital): you’re just not ‘getting it’. In not any single one of your posts have I seen the word ‘lose’ or ‘loss’.
Yes, probably you didnt, because my goal is not to lose money, but to win.Because money I can lose everywhere, I can throw it away, but make money is much harder.And About losing it, of course there will be times when I will lose, and there will be times when Ill be on +.This is a thing that I already know, so why would I waste my time answering questions like: "when ill lose money" or "will I lose money" etc. ? What is the greater loss you had I could ask.But I dont want to know, who had the greater loss, me or you or Oliver(you`re the only I know so far). At the proper time you will definetly see the work “loss” in my posts, dun worry.
If you think that every trade you do is going to be a profitable trade then you’re in for a VERY big surprise. Depending on what trading system you use: it’s indeed possible to be profitable with a trading system that loses 60% or even 70% of the time BUT catches the very big moves which not only negate the prior losses incurred but make a profit overall. But you’re not even CONSIDERING the fact that you ARE GOING TO take some losses no matter WHAT trading system you use.
False, I know I will have enough losses in time.But as I said, I am more interested in profit, not on losses.Plus, the reason Ive asked that question is that, practicing with a demo acc, Ive seen differences.So wanted to be sure.Maybe you already explained eethat once to me, but maybe I havent seen it, because I dont remember.Or probably I had read it but I didn`t understand, because, I can speak english, but forex english terms…I do not quite know it.
Sorry: but I’m trying to get you to see REALITY. The business of trading DOES NOT turn your PC into an ATM (Automated Teller Machine). It’s DAMN hard work and you’re trying to fly the space shuttle before even learning to fly a toy aeroplane it would seem.
And I really apreciate your help, believe me.Maybe I haven`t shown you, but I know the risks, and as Oliver said, here I can lose my money faster than in a casino.Totally agree, specially that you are PRO and you definetly know better.
And you cannot expect to ‘latch on’ to one member (experienced trader) and expect them to be there at your every ‘beck and call’ as you have attempted to do. They also have THEIR trading to worry about (among other things I’m sure). The point I’m trying to make is ‘help yourself’ FIRST (as best you can) and once you’ve got even a CLUE THEN you’ll get more ‘joy’ from the members here.
True, and I am sorry.
Regards,
Dale.
Sorry again If you felt offended by me, truly sorry.It seems there are dump questions after all. 
Wish you best
Respect,
Lucus