How much profit can l REALISTICALLY make trading starting with 500 dollars

[Mordengaard]

Good luck matey Let us know how it goes

[Bionic0101]

Thanks my fellow computer screen addict

[FOREX.com]

How much profit can l REALISTICALLY make trading starting with 500 dollars

It’s an unrealistic question, really, because the purpose of trading with a $500 account isn’t to make money. It’s to gain experience and practice.

You still haven’t said from how much capital (on demo) you made $65,000.

Work it out, from that, on a percentage basis.

Even if you manage to make 5% per month, instead of 2%, that’s still only $25 per month, if you start with $500.

But VERY few people (and no beginners) manage to make 5% steadily, per month.

Your expectations are unreasonable, aren’t they?

This is the thread you need:-

Hi @Bionic0101,

@LukasVisser is spot on. We would only add that another goal of a $500 account is to steadily grow it to $550. Then you have a $550 account, and you can set a new goal with that account size to grow it to $600 and so on. This site is called BabyPips after all.

As your account grows, you can increase your trade size responsibly by maintaining an appropriate level of effective leverage as discussed in this thread: How much is the minimum capital to invest?

[Bionic0101]

Nothing is impossible in this world… Watch me as i make 4000 dollars from 500 dollars

[Trendswithbenefits]

I see no one here has bothered to tell you that Binaries are are the most fraudulent of all the Markets and hence maintaining an edge will be impossible… Please do some serious research before starting…

Even if you manage to make 5% per month, instead of 2%, that’s still only $25 per month, if you start with $500.

Only making 2% a month on a $500 account?..FFS become a Monk…Look here…1.5%+ in 12 hours… 0.7% risk… 1:1 RR and no more than $81 (2 positions) of margin accessed.

OR

Go over and follow Dennis’s SW thread, a perfectly documented, proven strategy which will help you in choosing a pairs direction with enhanced success…Follow it to the letter and double digit percentage gains pcm are just the start…

[Bionic0101]

I will become a millionaire from my 500 dollars miracles do happen right?

[ropunzel]

It’s possible but very unlikely. Better of buying a lottery ticket or something. You will need a lot more money to make millions…

[Mordengaard]

You can do it if you risk all your balance (trade with high leverage). But if it goes against you, you’d lose it all. But it sounds like a better deal because you COULD make $4000 from $500, so you just need to leave this trade open for a couple of days/weeks, use high leverage, and catch THAT moment when it’ll start going to the right direction (use daily and weekly chart). For that, you need luck hence it’s gambling…

So yes it’s possible with very high risk.

[Bionic0101]

How much roughly REALISTICALLY to make 1 million dollars in forex trading

[eddieb]

I doubt anyone on here has made a million from forex

[Bionic0101]

How much have you made so far

[Iloveforex1981]

Yes in both your education and your balance.

[anon7386331]

How much roughly REALISTICALLY to make 1 million dollars in forex trading

You keep stressing “REALISTICALLY” both in your title and in your posts, but when people who have been trading successfully (some of them for decades, not just years) mention their own experiences, and explain some of the underlying “REALISTICALLY” to you, you’re dismissive of it, with comments like “I will become a millionaire from my 500 dollars” and “Watch me as i make 4000 dollars from 500 dollars”.

It’s not a perceptive way to try to use them forum.

There’s no point in asking the opinions of people with much more understanding and experience than yourself, if that’s all you want to do when they offer it to you.

The posts of Trendswithbenefits are obviously closer to what you wanted to hear, so I suggest you listen to him, and take his guidance instead, and the people who actually know what they’re talking about will probably trouble you no further.

And good luck with that, as the saying goes.

[Bionic0101]

Hehehe so what’s ur point EXACTLY

[Bionic0101]

Awesome line of thought

[Trendswithbenefits]

The posts of Trendswithbenefits are obviously closer to what you wanted to hear, so I suggest you listen to him, and take his guidance instead, and the people who actually know what they’re talking about will probably trouble you no further.

I don’t endorse it… so I haven’t even commented on Bionic’s Million Dollar aspirations… Your the only one silly enough to give it any airtime…so don’t bring me into it…

Now your saying that Dennis’s thread is a complete fallacy??.. please… stick to your 2% returns per month and try not to trouble the rest of us…

[anon7386331]

Now your saying that Dennis’s thread is a complete fallacy??

You may be confusing me with someone else, I guess: I haven’t mentioned Dennis’s thread at all (and haven’t read it).

But admittedly your conclusion there is no different in its logical standards from anything else you post here.

please… stick to your 2% returns per month

Again, I haven’t mentioned 2% per month - not here, and not in any other thread, either.

But admittedly your “reference” there is also no different in its logical standards from anything else you post here.

[anon98339083]

But admittedly your conclusion there is no different in its logical standards from anything else you post here.

LOL. You’re right (obviously), but in general, Lukas, I suggest you don’t argue [Removed for Forums Policy violation] they’ll just drag you down to their own level and then beat you with experience!

[Trendswithbenefits]

I suggest you don’t argue [Removed for Forums Policy violation] they’ll just drag you down to their own level and then beat you with experience!

Great advice… appreciated… but you really should read what you type…

Even if you manage to make 5% per month, instead of 2%, that’s still only $25 per month, if you start with $500.

A classic case of the left hemisphere chating with the right…

Lukas, you forgot to add a like to Charles last post…

[Bionic0101]

Stop arguing or i will report you to the administrator… STOP