Hi evryone ,
Quick question how much is a decent entrie quantitie ?
Im a student and im starting to get envolved with forex, my goal is to end the year (31 December 2018) with at least 10k . I think its not a crazy goal and its actually achivable altho i know it depends on alot of variants , so is a inical deposit of 150-200 Euro decent?
clearly english is not the first language
the word is INITIAL (inicial)
the word is ENTRY (Entrace)
the words is INVOLVED (evolved)
now to answer your question
No one can answer this… this is a ridiculous question
if i asked you what is a decent chocolate bar, how would you answer
or what is a decent price for a car… how do you answer… YOU CAN’T
oh… you’re a student… cool
so how about this
what is a decent price for a book
how about
which subject
what book
which version
GET IT… no one can answer this question
next question
hehe
No it’s not
if you end up breaking even… YOU ARE DOING VERY WELL
$10k ??? hehe after 1 year… Not likely
but ok… you said this
ok, let’s be logical about this
You’re a Student, I’m an Engineer
let’s debate this…
PROVE TO ME THAT IT’S NOT UNREASONABLE AND THAT IT IS ACHIEVABLE
i’ll start like this
My facts are
- I have traded for around 8 years now, 4 years profitably,
- it took me around 3 - 4 years to learn and around $20k blown up to also learn
in order for you to start with $200 Euro you would have to be 1000x More efficient that me
DO YOU THINK YOU ARE?
- most beginners (arond 99%) maybe more, start with less than $1,000 Most start with less than $400
YOU FIT INTO BOTH CATEGORIES
of these beginners ALL OF THEM LOSE right off the bat
you would have to be that 1% or better AS A BEGINNER
do you believe YOU ARE “THE ONE” hehe The chosen One
so Given just these points and my experience and knowledge TELL ME , INTELLECTUALLY WHY YOU BELIEVE THAT YOU CAN GET TO $10K IN 1 YEAR STARTING WITH 200 EURO
GO AHEAD
My question was based on what i read. Yes english isn’t my nature language tho i can speak and write Portuguese ,English , Spanish and French.
I asked this question based on results i have seen from my friends, they all started with 100 € to 500€ and are now making profits of 3000€ .
Dosen’t mather what i believe in , it was just a question to see if it was a disproportionate sum
hi mate @GuiChamp
ok
Now it’s not NATURE LANGUAGE it’s FIRST LANGUAGE or NATIVE LANGUAGE or NATIVE TOUNGE.
NOW…
ok, well what i would be asking is…
- How did they do it, perhaps they fluked it
at the end of the day , a lot of things need to be considered, but it all comes down to a Plan, A Strategy and Risk Management
if you can justify it, you can do it
i mean, look at it like this
if they started with 500 and they got to 3000, this just means that they made 6x the amount
now, they could have kept on doubling then doubling and doing that 6 trades in a row.
that doesn’t really count for much other than fluking your way through a few trades, but this is certainly not consistant
but it would be interesting to factually understand what they actually did
i could then give you a better answer
but realistically, you want to be risking no more than 1% per trade after you account for Nominal Margin
Your goal can be achieved if you start with say $1,500 or more, but not realistically with 100 - 500
with 500, you would need to be an experienced trader and then be very careful.
i could do it with $500, but i have 8 years experience so there is that as well, i’m not exactly a beginner.
I thought you’d only started just under 4 years ago, sure I’ve seen you say that somewhere?
Anyhow, give the guy a break. His English is fine.
Agree with you questioning what his mates have told him, unlikely that one of them could do what they claim let alone a number of them
No… You probably misunderstood
what i have always said was this
I’ve been trading for around 7 years (but i’ve been saying that for around a year now… so hehe its’ now around 8 years)
and i’ve always said
- it’s taken me around 3.5 - 4 years to learn how to get profitable
- so since it’s now been 8 years total, it means, it took me around 4 years to get profitable and then i’ve been profitable for another 4 years… hence 8 years
as for this
i am giving him a break, i’m helping him learn, that’s the point of this site… right ?
if he doesn’t want me to help, he just has to ask.
yeah i also agree,
it’s not impossible, but very unlikely
Welcome to forex market. As you are saying about trading objective to earn 8k to 10k, it is achievable if your money is properly utilized. But try to use scalping as you are trying to small investment. Best of luck.