Let's calculate. $ 1.000 a week, 2 weeks vacation: $ 50.000 a year. Good daytrading: let's say 40%-50% ROI: you need $ 125.000 for a start. With leverage 5:1 $ 25.000 is the absolute minimum, probably more if your first 5 trades turn out to be loosers ...
uhh, the individual who was looking to make $1k a day with a $25K account, can do so by engaging in forex trading. He could wager $10/pip and makes 100 pips per session or 500 pips, in aggregate, for a week.
Let's calculate. $ 1.000 a week, 2 weeks vacation: $ 50.000 a year. Good daytrading: let's say 40%-50% ROI: you need $ 125.000 for a start. With leverage 5:1 $ 25.000 is the absolute minimum, probably more if your first 5 trades turn out to be loosers ...
Hmmmm.
Klammerapfe 1 year ago
uhh, the individual who was looking to make $1k a day with a $25K account, can do so by engaging in forex trading. He could wager $10/pip and makes 100 pips per session or 500 pips, in aggregate, for a week.
prodigee411 2 years ago