Bet size And you get. So start thinking long-term. How does this make you feel? Furthermore, since you will exchange with various nations cash, the economy and the administration strength of a specific nation can truly influence the estimation of the specific coin. How many do you think would make contact?
How Much Money Can You Make from Forex Trading Vantage Point Trading How Much Money Day Traders Can Make
You could also set quarterly and yearly targets. If youre keeping your bets small, which you should, then your gains will also be relatively small. This weeks question comes from Martin, who asks: How much money can I make per month trading Forex? Start treating your 100 account as if it were 100,000. In fact, many traders dont even have such a goal. You are probably thinking, ouch that is harsh - well it's the truth. I would suggest less than 10k and you never and I mean never fund this account until you make money on a consistent basis. Time is Not on Your Side Personally, I strongly believe you need a minimum of 10k hours as described in the book outliers to master day trading.