It’s useless to calculate this if your system is not consistently profitable. Forget about the money, trade your system well. Even starting from 0.01 you can do well if you follow your plan properly. Tons of beginners have it the wrong way.
SL and TP MUST be following the system, the market structure and what ‘she’ allow you to take. not what ‘YOU’ want to make every day like 70 pips a day or such. It’s not your call. it’s ‘her’ call.
I’ve known few people who never deposit money and they grow their account to few five digits number.
Guess what? they use the free bonus money from their shitty no-deposit bonus brokers, make some money, withdraw, depo to better Aussie brokers, leverage 500:1, then make it big there.
so is $100 possible? VERY Possible.
what’s the catch? YOU have to acquire the skill for it
what if I don’t have the skill? Even you deposit 1 million and you will blow it anyway.
There is no “lucky” trader that will survive long in the market. Only “highly skilled” with “good mentality” traders will survive, even with bonus money they can make a living out of it.
just my two cents. Please focus on improving your skills, and the money flow in automatically when you execute your plan properly. if your skill is there at the proper level, any leverage or any risk is good because you’ll always have positive expectancy.
use tool like Easy Order (MT4) to set your risk at about 1-2% and you can forget about counting those and focus on trading the chart.