What it would look like in cold, hard, figures…Say over… 30 days…(Open Market)
EURUSD for example would require only one 100k Trade per day with a ~9 pip profit.
AUD$315 (£200) Margin, risking 1% of your account…so easy…everybody should do it…
Like the rest of Forex…
It’s theoretically possible… very improbable…and practically impossible…
Take what the markets gives you, go into every day expecting to lose 1% and anything above breakeven is progress, every now and then you’ll catch a move that makes you 8% in a week but you also have to suffer a few days of losing 1% now and again. If you have the mindset of you MUST finish the day in profit, chances are it will be the extreme opposite…
deffitelly agree with you
Hello dpaterso,
I’m currently trying to make 2 percent per week. For the past weeks I have been able to do so. I do agree with you that 1 percent each day is a lot more than it sounds like. However, I think that on average 0.4% a day is doable. Emphasis on the on average part. I have had days where I couldn’t do it and I have had days where I made 2 percent in a single day. Do you think this figure is feasible?