How much can you earn a day?

Hi, I'm new and I would like to know how many pips or dollars a day can be generated with an initial deposit of $201 or $1,001 using leverage 1:100. Thank you for the info.

You can empty your account every day... as long as you don't forget to recharge it every morning.

My goal is 1% per day on my account. I never risk more than 2% per operation. Forget about leverage 100:1. Plan the entry, put the stop where you should go, calculate the position size and respect your risk management. 1% per day is equivalent to 1.01% per year. That would make $10.001 at $100.001 in a year. In five years, if you improve, you could make 2% per day and turn $10.001 into a million in a year.

In theory you could earn 10% a day... in practice you'll most likely lose 90% if you try.

My story is rare. I live in a communist country (Venezuela)

With only one pip a day you can achieve a return of 51% per year. That surpasses any top coverage fund in the world. Forget about looking for 1.01% or more a year. Develop a system that allows you to take out that daily pip with consistency. Less stress, more freedom, more life.

I gain what I can... Seriously, how much you earn a day or a month depends on many variables: account size, risk level, trading system. First find a profitable strategy, then calculate how much you can generate with initial $1.001.

Yes, I recommend you open a micro account and start by developing your own system and risk management. Ignore all those "miraculous robots" that promise epic profits. If they were so good, they wouldn't be on sale for $49. Follow those who demonstrate results and stay away from greed, which only leads to over-leverage and chaos.

I earn 51% a year without doing anything. There are funds that pay 81% or up to 101% if you can choose. Then why get into Forex for that same 51%? Because a good trader can take out 1.01% or more. Just make sure to choose your tickets well and look for decent moves, not a fight pip who eats the spread.

Have you started with that 1% daily target? How are you doing so far? I’m interested in knowing your experience.