That "mind is the main obstacle" is very true. Many know what to do, but they cannot control their emotions when real money is at stake.
That "mind is the main obstacle" is very true. Many know what to do, but they cannot control their emotions when real money is at stake.
Hope is the last thing you lose. So you dream big, but act with your feet on the ground!
Maybe with anti-market operations it'll be achieved, but I doubt it very much... sooner or later you'll eat a strong reverse and it'll all go to waste.
Hello AlphaOmega, one question: what would be the lot size needed for those 12 pips a day? I also take out that daily average, but with micro batches.
That's very easy... you just need to learn black magic, invoke a demon and ask him what to operate.
Assuming that your broker is decent, you can climb smoothly to operate 10 or 15 million in the main pairs, especially in active times. More than that and you start having running problems. That’s what trade copyers and multiple accounts are for.
$100 to $1,000,000? You can do it with an average of +2.56% daily for 236 days. Yes, without failing a single day.
The key is compound interest, that's the eighth wonder of the world.
Yeah, but with 365 trading days it would take you 18 months, he wants to do it in 12. We have to adjust the calculations.
The only way is to operate equity, not balance, because the only thing that really changes is the equity of your account.
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