i know a bit about trading but would like to learn more from you’ll here …
Think and worry less about money and more about percentages. So maybe you only want to risk some of your savings - it doesn’t matter how much or little this is, you don’t want to risk losing 100%. So maybe you deposit 20% of your capital with a broker.
Then, your strategy. It doesn’t matter how many dollars you make per trade, it is the percentage that matters. If you make 6% profit per month, you are going to be rich. I know this because 6% profit per month means you will double your profit every year.
And you know it too. Imagine you went for a job interview and the boss said if you come to work here I will double your salary every year. You would definitely think, double my salary every year? I am going to be rich.
The problem comes with running such a strategy that consistently makes 6% every month.
thanks a lot for your response