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Earn 1000$ daily In Forex


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316 replies to this topic

#301
bigxy

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With planning? Are you kidding me? $1000 is nearly impossible and even you can achieve that, how long can you endure it? Can you keep making $1000 daily? The answer is impossible. No one ever can survive to trade and make profit over and over again and never suffer a single or double stroke of loss.

 

I guess that $1000 hits once in a full moon and anyone trying to make this huge ROI while utilizing his full leverage may either blow the account with in no time. SO why not stick to small but consistent improvements in the earning graph!!


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#302
radex78

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I guess that $1000 hits once in a full moon and anyone trying to make this huge ROI while utilizing his full leverage may either blow the account with in no time. SO why not stick to small but consistent improvements in the earning graph!!

I think beside need time also will depending with number of capital in account, indeed high leverage help to boosting profit, but then next problem is not always as trader able analyze the market perfectly and if when they trade with bigger lot size due leverage allow them open higher lot and on these time the trend against order hence also will facing huge loss to, so it's balanced
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#303
uncle gober

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but I think it all depends on the management of trading that we have. good management and correct it should be accompanied by adequate trading skills. because if we as traders can manage the trading that we have properly, automatic profit in the can would be the maximum.


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#304
radex78

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Indeed all result also depending with each trader skill, but as trader also need to understand with money management, using small capital also as trader will adjusted money managament to avoid using big risk taker because will dangerous and not always as trader able to making profit all the time, forex is risky and as trader need pay attention with the risk that involved
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#305
uncle gober

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trading management is good and right in my opinion will influence the results will get. good management and correct it should be accompanied by adequate trading skills. because if we as traders can manage the trading that we have properly, automatic profit in the can would be the maximum.


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#306
radex78

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trading management is good and right in my opinion will influence the results will get. good management and correct it should be accompanied by adequate trading skills. because if we as traders can manage the trading that we have properly, automatic profit in the can would be the maximum.

Yes of course in trading need risk management and also money management to survive in this business also need high dedication and motivation, but also as trader need thinking reasonable in trading, if only having small capital hence they also need having reasonable target and don't chasing profit 100% daily this is impossible
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#307
uncle gober

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Really, i really agree. Traders should be able to pay attention to the MM and RM that exist in trading activities they have, this is done so that traders can be better again in improving the management of trading owned and of course can manage the funds and risks that exist in trading activities it has.


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#308
myregister

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@uncle gober: Well MM is the part of RM. As the whole RM is not just about money management but also about emotions management, and all the risky thing about forex. To said someone want to earn $1000 daily is a big dream. As long as you have capability to make an accurate prediction and bigger lot size each opened position you will be good with it.


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#309
uncle gober

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I really agree with that. Because it's a strong mental as well as a level of patience that is good and true must be owned by traders to be better in controlling emotions and can control themselves well, thus able to manage our trading activities well.


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#310
Dion Ebrahim

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Earning that much daily is not impossible or tough but it’s all about strategy and how we go about execution; if we get these things on the mark then we will be able to gain fairly well. I find it easier with broker like OctaFX who is forever there to support with having small spreads, fast execution, deposit bonus that’s up to 50% and are usable too, so that really enhances my chances and makes it all working well in every way.


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#311
sidejob

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$1000 daily? So if i calculated you will earn around 30000 USD per month. That is freaking huge and i want to earn that much. The only requirements are Profitable Strategy, Strict Risk Management, and Big capital like 10000 USD?. Just said you take 1 lot size, it needs 100 pips. If you take 10 lots? then it will be 10 pips.


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#312
myregister

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$1000 daily? So if i calculated you will earn around 30000 USD per month. That is freaking huge and i want to earn that much. The only requirements are Profitable Strategy, Strict Risk Management, and Big capital like 10000 USD?. Just said you take 1 lot size, it needs 100 pips. If you take 10 lots? then it will be 10 pips.

Your calculation is right, 1 lot size means 100 pips for that, and 10 lots mean just 10 pips needed. The risk which lies behind that lot is actually big. $1000 for individual traders is too big for me, especially for traders who just trade like 1 or 2 years. Too early, even for the veteran that $1000 is quite big for them.


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#313
arjumand

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I might say earning 1000s of bucks daily are possible but they might depend on how much you are risking and how you trade. This amount may seems too high for newbie but experience traders might be making many of these 1000s in their every day trades. However i recommend new traders to make some realistic goals depending upon their investments and stick to their plan in order to make good returns on their investments.


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#314
sidejob

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I have been made calculation above, so as long as you able to reach that much then you will be able to make the profit that much, but still that is too high and for small retail traders like you and me, it is simply too ambitious. $100 per day is possible and good enough range for us, in one month somebody will gain $3000 which in developing countries already more than enough.


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#315
myregister

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More like tough rather than impossible also considering the fact that with the bigger amount of capital this could be achieved. Based on my own view $1000 daily is tough and we need to be careful when trade with this target because this target is pretty much risky compared to the lesser target.


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#316
uncle gober

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So traders should be able to prepare a good and mature trading plan sheing can help traders to be able to make the existing trading activities become more focused. Because when in forex, we can only to rely on trading skill that we have.


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#317
raniya

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It's possible if we have good skills. Nothing is impossible in a investment. But for trading, I try to more improve my trading skills to get more profit. Demo account also should be maximized.Trade forex with a demo trading account online and test your trading strategies under real market conditions.


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