Quiz : From 100$ to 1000$, how many days did it take?

Beginner Questions
1

How many days of trading did it take to go from 100$ to 1000$ if :hushed:

*The average daily win = 5% ;

2

You have presented all the necessary information to do th e probability calculation !

Go for it !

3

Itā€™s 48 trading day, what ever you initial balance, to multiply it X 10, with an average of 5% daily profit, you will need 48 days.
Iā€™m beginner in trading, I like the probability and statistic calculation, but could you tell me, based on experience, is it possible to have 5% daily profit, can I do 10% ???

4

The issue is your only factoring in winning but you will also take losses as well.

What is your goal mate honestly? Think long term when you answer this as well.

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5

I already said an average daily profit because I know sometimes you will make more than 5% and sometimes you lose perhaps 5% in one day.
Honestly, thatā€™s what Iā€™m asking about, Iā€™m asking for an example, a real one, or the confirmation of experienced trader, some one who already did it.
I invested in forex and Iā€™m looking for real example that can give me a push, because it was really bad start for me and I began to doubt it.
First week, I earned 10% daily, and the next week it was game over for me, I used the same rules, but I didnā€™t understand why ?

6

There ARE No ā€œrulesā€ mate ! - Well - there ARE - but they keep changing as you already saw. You donā€™t know what they will change into and nobody tells you ā€œthey have changedā€ :rofl:

That is why Wyckoff called it ā€œthe Greatest Game in the Worldā€¦ !ā€ (Well he was talking about other forms of trading - Not Forex - but thatā€™s ok ! )

You are clearly bright enough to work this out - but it will NOT happen in a few weeks / months / (possibly not in several years) - Hope you stick around :smiley:

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7

Thanks mate !
I think, I need to get an expert courses about this crazy market :yum: before I start again :muscle::

8

Any recommendation for specific courses ???