I have 100k (AUD) to invest. Is there a basic %/tp/sl ratio/formula or system i could use if I wanted to achieve the 1.9% per day?
Capital - $100,000
Return- $ 1,900 p.d
Return. 1.9% p.d
Eg: Should I base my method on 5 trades per day and Using a Martingale betting strategy (doubling up) until I reach my 1.9%?
There’s got to be a reasonably low risk way to achieve this goal. I just haven’t grasped the whole maths concept of this game yet I know that 1.9% is achievable in any other profit formula.
@AndymanBrisbane01If there was a low risk way to make 1.9% per day, nobody would invest in stocks, housings, bonds, etc. Everyone would trade Forex and be trillionaires in no time.
You do realize how insanely unrealistic 1.9% per day is, right? Given your dangerous misunderstanding of Forex trading I would advise you to go all the way back to basics, learn how the markets work, study price behavior, and realize 95% of traders lose money trading forex. At that point you may ready to demo with a paper account (fake money), if you find yourself still interested.
Whatever you do, do not put your cold hard cash into Forex until you have gotten a lot more knowledge and realistic expectations on it. Otherwise you will lose some or all of it.
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Gosh. Here’s the best advice I can give you as you’ve publicly said you have 100k to invest.
Don’t invest in any broker who calls/messages/emails you who says they can make you money
Don’t invest in any person who calls/messages/emails you who says they can make you money
If they can make you money, they can make it for themselves and would not be helping you. Stay safe!!
Read krugmans post everyday.
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