budado Posted May 9, 2013 Share Posted May 9, 2013 My goal is just to earn 1,000 dollars a month. I already achieve the 100 dollars a month profit. So my next goal is to make 1,000 dollars a month profit. I know if I want to be this successful I need to have a big capital and I can only do that if I'm going to increase my lots size to a point in which I can say I'm earning good and earning well without any problem at all. Quote Link to comment Share on other sites More sharing options...
danielle27 Posted May 14, 2013 Share Posted May 14, 2013 For now we can only dream of achieving this huge profit. But we should have proper perspective on things, that our dreams will come true. We must strive hard, and risk big not only capital, but this includes good enough skills and experience and wise decision. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 14, 2013 Share Posted May 14, 2013 For now we can only dream of achieving this huge profit. But we should have proper perspective on things, that our dreams will come true. We must strive hard, and risk big not only capital, but this includes good enough skills and experience and wise decision. It is only dream for us and as far as i know only few traders that can earn big amount of money like that, and also it is impossible if all traders could achieve something like this, even that is for long process or even instantly. the only thing we can do only imagine about this all. Quote Link to comment Share on other sites More sharing options...
Nagilover Posted May 14, 2013 Share Posted May 14, 2013 It is possible if you have capital around 50K or 100K dollars my big sister ever tell me as It is not impossible even George soros can make money in forex many ten million dollars per day so I think 1000 dollars still possible Quote Link to comment Share on other sites More sharing options...
danielle27 Posted May 15, 2013 Share Posted May 15, 2013 Having big capital is not enough. 50k or more is such a huge risk, if you dont know where your heading to. Cause a professional trader is still experiencing loss. So, no one can say that it is possible daily. We should be prepared and ready enough if we're dedicated to earn this. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted May 18, 2013 Share Posted May 18, 2013 Of course, we need to consider other aspects as we can't hope for just have the capital as we need also the profitable strategy and our skills. Well, still you can't avoid or prevent from having losses. We must do everything we can to make it possible for our target. In this case, of 1000 dollars then, it will mean of very high risk and we need to apply any means of stop loss. Quote Link to comment Share on other sites More sharing options...
euro Posted September 15, 2013 Share Posted September 15, 2013 You can but you have to be a pro trader or else you will lose one k a day. Its more like most traders would lose that much if they're in a hurry to make that much. I guess you have to be patience in forex cause haste make waste. Now, if you are too greedy then you will be like the gambler and you will lose it all so be careful and  just trade with what you got and try it slowly but surely. Now, you can gain that much on a Monday Asian market trading time. There are a lot of bullish movement for you to make some profit. It will depends but if you're a pro you can do it. I've heard of pro making like 20 k a month so that is like almost than one k per day. Quote Link to comment Share on other sites More sharing options...
screw_twizz Posted January 3, 2014 Share Posted January 3, 2014 Currency trading is extremely unforeseen, most people are aiming to gain extra money on the web. Forex is among the ideal solutions to gain rapid money. You have to recognize principle ability connected with buying and selling, and you will be on your way to be able to earning money at your home. It's not necessary to sit down close to your personal machine hanging around right after inserting your own industry. Simply spot your own industry in addition to await the benefits to be able to roll in. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 4, 2014 Share Posted January 4, 2014 To earn such a huge amount of money, the trader needs a lot of trading capital. I wouldn't say other is practically impossible but in the real sense, it is quite demanding to get that target. There are those with some huge sums of trading capital and I believe that those set of traders would be hitting that target. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 19, 2014 Share Posted November 19, 2014 That is too big for you if you have just small capital for example around $100 or $200. I can give you some picture: If you have around $100 dream to earn around $10-$30 per month with it, if you have $1000 at least just add more zero behind, so hope to earn around $100-$300 this is quite proven to be worthy of controlling your dream and stay being realistic. Quote Link to comment Share on other sites More sharing options...
adil007 Posted November 19, 2014 Share Posted November 19, 2014 To earn such a huge amount of money, the trader needs a lot of trading capital. I wouldn't say other is practically impossible but in the real sense, it is quite demanding to get that target. There are those with some huge sums of trading capital and I believe that those set of traders would be hitting that target. Exactly it needs a lot of capital and also it needs a professional trader to reap out this much profit from the market on a daily basis, in my view it would be like stupid to go for this much amount of profits with low capitals below $10k. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 2, 2014 Share Posted December 2, 2014 Exactly it needs a lot of capital and also it needs a professional trader to reap out this much profit from the market on a daily basis, in my view it would be like stupid to go for this much amount of profits with low capitals below $10k. It is true but with lesser capital you need higher leverage in order to obtain bigger lot size. Earning daily $1000 is possible as long as you can make around more than 100 pips per day or by get as big as 100 lot size which only need 1 pips profit then you can earn $1000 daily. Quote Link to comment Share on other sites More sharing options...
adil007 Posted December 2, 2014 Share Posted December 2, 2014 Â It is true but with lesser capital you need higher leverage in order to obtain bigger lot size. Earning daily $1000 is possible as long as you can make around more than 100 pips per day or by get as big as 100 lot size which only need 1 pips profit then you can earn $1000 daily. Â If you take a higher leverage you should also know that it would definitely increase the chances of us getting our account washed up during our trade if we make a wrong analysis so we should try to aim lower since $1000 a day is a big aim which cannot be fulfilled easily so we should not risk our money for greed. Quote Link to comment Share on other sites More sharing options...
Decub Posted December 4, 2014 Share Posted December 4, 2014 Earning $1000 daily is big dough, that not withstanding, it will also depend on the trading capital the trader is trading with. There are a lot of traders who want to earn such huge capital but it is something that is not so easy to achieve. Any trader who wants to make money in Forex needs one thing and that is a good knowledge and a better understanding of the business. Quote Link to comment Share on other sites More sharing options...
myregister Posted December 4, 2014 Share Posted December 4, 2014 If you take a higher leverage you should also know that it would definitely increase the chances of us getting our account washed up during our trade if we make a wrong analysis so we should try to aim lower since $1000 a day is a big aim which cannot be fulfilled easily so we should not risk our money for greed. This is a misunderstanding opinion that coming from you, if you use lower lot size nothing happens with your account, Using higher leverage simply help you especially if you don't have enough capital. Earn $1000 still possible as long as you have enough capital plus higher leverage. I recommend 1:400 or 1:1000 if there is a broker that really offer something that high. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 6, 2015 Share Posted July 6, 2015 I don't think there is anything that is impossible. If one can cough out as much as a hundred thousand dollars to invest in Forex, then there is nothing wrong in also sating that the person can gain a thousand dollars a day because with more capital, it is only natural for one to also expect more returns. Quote Link to comment Share on other sites More sharing options...
Stekin Posted July 7, 2015 Share Posted July 7, 2015 If you dream big, you will earn big but if you put greediness in the process, then you are ready to fall. Forex is not for greedy people and it is also not for those of them who don't know what they want to get. You cannot dream of making 1000$ when you know that you cannot even afford it. That is a greedy approach to Forex and it is also something that can be able to give someone good losses in life. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 9, 2015 Share Posted July 9, 2015 If you dream big, you will earn big but if you put greediness in the process, then you are ready to fall. Forex is not for greedy people and it is also not for those of them who don't know what they want to get. You cannot dream of making 1000$ when you know that you cannot even afford it. That is a greedy approach to Forex and it is also something that can be able to give someone good losses in life. And it is even much better when a trader looks at the chances of not making so much or not seeing Forex as a place where you will achieve all that is your heart desire within a short period of time because this may never happen in any way and you already would have poisoned your mind. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 11, 2015 Share Posted July 11, 2015 I think before someone want to earn that much they should have enough capital to support their trading, for hold more than 1000% margin or even more. However, if  atrader want to earn $1000 per day or per trading but don't have that much capital, i can say clearly now that is not even possible, considering how small of your total capital and how big your leverage. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 14, 2015 Share Posted July 14, 2015 I think before someone want to earn that much they should have enough capital to support their trading, for hold more than 1000% margin or even more. However, if  atrader want to earn $1000 per day or per trading but don't have that much capital, i can say clearly now that is not even possible, considering how small of your total capital and how big your leverage. Capital is even a very big determinant when it comes to earning in Forex. when you have some good trading capital to trade with, it increases your chances of making it bigger too. There is no way one will expect himself to start making big profit when there is really little or nothing to support it when it comes to what he has as capital. Quote Link to comment Share on other sites More sharing options...
Stekin Posted July 16, 2015 Share Posted July 16, 2015 It is actually a huge money for us to dream of but it is also something that we need to ask whether we can achieve it because it is not only on dreaming about it but being able to make it a reality. Forex business is a type of business where the trader needs more of the knowledge for him or her to succeed and not a place where he or she will think of the business as a quick way to start making it huge. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 16, 2015 Share Posted July 16, 2015 It is actually a huge money for us to dream of but it is also something that we need to ask whether we can achieve it because it is not only on dreaming about it but being able to make it a reality. Forex business is a type of business where the trader needs more of the knowledge for him or her to succeed and not a place where he or she will think of the business as a quick way to start making it huge. I don't see anything huge there when you can offset the capital that will lead to it because before anyone can start thinking of earning a thousand bulks, then the person must also have a lot of cash on him to stake in as capital because that is one of the factors that gives rise to good earning. Quote Link to comment Share on other sites More sharing options...
Stekin Posted August 15, 2015 Share Posted August 15, 2015 Even though you can be able to offset the capital, you should know that it is not actually a small capital and you also need to know that someone who is earning such amount on a daily basis will never be common. There are so many traders who are trading in Forex but has not seen that amount of money on a daily basis since they started trading and it does not seem to be affected in any way. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 29, 2015 Share Posted August 29, 2015 Practically impossible let's do the math, with 1 lot size each pips you obtain means $10 for you so it takes around 100 pips in one day to reach $1000 which means you capital must be at least $10000. While if you use 10 lot size then it just takes around 10 pips because each pips means $100, but it also requires a lot of capital  at least at around $1 million, and in here is perfect scenario where you are never lose any single bucks. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 24, 2015 Share Posted October 24, 2015 That is possible but let see how much capital you should have per trading? That would be so enermous if you have million or billion capital in your broker and leverage at least 1:100 $1000 daily could be possible with a note that you make profit daily. Here i am talking about earn $1000 not does it happen daily or not, but some people prefer to do average from their total monthly profit. So it looks like they earn daily. Quote Link to comment Share on other sites More sharing options...
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