Rubbish… Can it be executed by a newbie… probably not, but the OP’s question was is it possible??
@Novaturient See below: You have to ensure you don’t over trade… once target is hit walk away… I’ve done this numerous times…This is the way I opened all my new accounts…no large risky outlay of capital and after week 2 your trading with other people’s money…
Based on EUR and $500 account… using 400:1 leverage and no more than ~$40 margin…
11 pips per day 0.05 size lots, 5.5 pips a day… 0.1 size lots (1 Position open at a time)
Using a 1:1 RR your risk is never more than 1.2% of your account…