I’m completely new to Forex. Looking to learn how to make at least $100/day so I can move to Portugal permanently from NYC. Currently involved in Real Estate, NFT’s and a little cryptocurrency. Looking forward to chatting and learning with everyone.
Hi and welcome,
Working for 8 hrs a day in a cafe should make you at least $100 a day. Forex is a very big business and there are thousands of operators in the market with thousands of hours of experience, and a great deal of financial backing. To become a successful retail trader you will need to spend a similar amount of time learning, and have some capital to trade with.
Welcome to the community. You are interested to make some good money with forex trading then you can go here Learn How to Trade the Markets and try to start learning.
Welcoooome. Haha. Your goal earning per day caught my attention and tbh, I don’t even make that much per day. (Probably also because I have a pretty low starting capital ) But, I really hope you can make it happen and make that move to Portugal. Care to share why you chose that country specifically?
As a newbie, you’ll need an account size of $5,000 minimum to average out at $100 per day because you won’t win every day, that’s a no brainer. That is 2% risk per day.
A $1,000 account,you’ll be gambling 10% of your capital per day which is not sustainable- because you won’t win every day, or even average out at that goal.
Ignore social media marketing hype, that’s fantasy land. Experience is key, and there’s No short cut to success.