for as little as 100. Heck, you might even lose in that year since theres a 9 chance of losing two trades in a row. They think they are doing something wrong and keep switching strategies. If you risk 3000, then you can make an average of 60,000 per year. I dont recommend this. If you risk up to 150 on each trade, that means you can trade 2 contracts and risk 6 ticks on each trade for a total risk of 150 (6 ticks.50 x 2 contracts).
Lets see Perhaps you have a 90 win rate. The scenarios below assume a certain number of trades each day, with a certain risk and profit potential.
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Instead, you must look at these 5 metrics: Trading expectancy Trading frequency Account size Bet size Withdrawals Then apply this formula Trading expectancy * Trade frequency * Bet size And you ll have an objective measure of how much money you can make in forex. Notice how highly leveraged this position. Maintain discipline, keep your wins slightly bigger than your losses, and strive to win 50 of your trades. There is no reason to risk more than 1 of your account. But whether its feasible or not depends on how you manage your trading business. When buying, the exchange rate tells you how much you have to pay in units of the" currency to buy ONE unit of the base currency. How much time you put into your trading education. Have a higher win rate and/or higher reward:risk and the results could be better. If day trading forex, use an ECN broker. 50 of them were profitable: 50.15 x 3000 shares cours bitcoin historique 22,500 50 of them were unprofitable: 50.10 x 3000 shares (15,000) You net 7,500, but you still have commissions and possibly some other fees. If you start trading with 2,000 your income potential (in dollars) is far less than someone who starts with 20,000.