How To Make $100-200 A Day From Forex Trading (Required Account Size)
Just how To Make $100-200 A Day From Foreign Exchange Trading (Required Account Size).
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UPDATE Nov. 2018: if you think you can't ever before obtain that cash to trade, view this tirade:.
September 11th, 2017: In this Montreal Forex trading vlog, I share the math behind how to make $100-200 daily as a Forex investor. Vlog # 183.
Extra specifically, I discuss what is the needed Forex trading account size to reach your goals.
Let's get on the white boards to do the mathematics!
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// Regarding Me.
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex investor and assistance striving Forex traders develop a trading approach that benefits them so they can generate revenue allowing them to deal with even more flexibility.
What you should recognize: I'm all for trading forex, however I assume flexibility is much more essential than time spent in front of your computer.
I blog at www.desiretotrade.com as well as host the Desire To Trade Podcast. I was fed up with the "fake" millionaire investors as well as the "get-rich-quick-trading people". That's why you can expect extra complimentary web content from me than what other individuals charge for!
If you absolutely want to prosper in Forex trading, I think you require to maintain dealing with yourself so you can enhance your toughness, but additionally your weak points. Do not focus solely on what you're good at.
// Disclaimer.
This video shares my individual opinion just. Forex trading is risky. Make sure you are ready to trade. Even this will certainly not assure you favorable outcomes. I am exempt for any kind of losses sustained because of your trading or anything else. I do not advise any kind of particular trade or activity.
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You don’t need an account size of 25k for that…that’s super super conservative and not necessary .you can do that with $1000 if you know how to trade
Btc wallet:33NMWp1DBggSv18vQNeTUHYen48RAaoaiD
Please give me some bitcoin for my tuition
1000 to 100 a day is called Gamble sir lol.
@Etienne Crete – Desire To TRADE its closed on the weekends how is that 24 hours a day?
@C K it’s open 24hrs a day 5 days a week.
@Etienne Crete – Desire To TRADE exactly not 24/7.
taking opm without trading experience and using your video will get you RIP and your mom crying at your funneral !
hunter logan you’re right haha. That video was mostly intended for people who already have trading experience and are consistent with their results.
But it’s also a good reminder that you don’t necessarily need to trade only your own money once you become a good trader.
For more videos on how to trade, you can see this playlist (strategies for different trading styles): http://www.youtube.com/playlist?list=PLwmpbNUnTt6j8CcgGB2ZpRBSyvrHSxV81
😂
Etienne Crete – Desire To TRADE I feel you. But if people have trading experience already they know this. This is just basic math. What I want to know is when are you going to come out with a video that’s going to go more in depth on strategies on how you can get that 50/50 win loss trades
+DD there are plenty of those on the channel. Check out this playlist: https://www.youtube.com/playlist?list=PLwmpbNUnTt6j8CcgGB2ZpRBSyvrHSxV81
exactly..
If i had 25k i wouldn’t need to trade, so elitist
That’s a way of seeing it, but most successful traders would agree that you need $50,000 to $100k to trade full-time.
If you’re in trading for short-term money, of course, it’s a different thing.
Keep up the work, Daniel!
Daniel Bowker yup you got a point
Etienne Crete – Desire To TRADE if i had that i wouldnt need to work
lmao you are a gambler and will always stay poor then
25K is elitist…LMAO.
5K most and you can live comfortably. 25-50K is not necessary to start. If you don’t know what you are doing. You will lose that anyway. Trade with the trend
please i will just use the same logic again how much would 20-30 pips get you? at what risk.What if you lose and to make 100-200 dollars a day you have to use high leverage and big risk at the point where 10 trades can blow your account up !
so are you still living comfortably? with your 5k? i bet not..
Can I see your trading record Dan? I would like to see your theory works in reality.
Dan Lewis guys I need to make $300-500 a day just to break even. Any pointers? My living expenses are $8k a month and that’s living like a pauper still. Please help. I’m starting in forex scalping.
@Marco Zolo
You need to live within your means
8k a month anywhere on earth you can live very comfortable. ….
I see your spaceship needs work☺
25k is way too much money to deposit.
Instead you can compound your account to 25k with 3:1 rr.If you can do it then believe me $100 a day is just a piece of cake for you
look, i have 1k, i can make 20$ to 50$ easy a day
@Maksim Yakimtsev Do you trade Forex?
Very very well done! Reasonable and responsible!
Thank you, Mike! Glad you liked the down-to-earth!
Thank you so much for inspiring
Glad that was useful!
It’s impossible to say what you are going to make a day..you can have a massive account and be the best trader in the world. .if the market doesn’t move your not earning
You’re making a good point. That’s why we can only look at the average… It’s always looking back.
You must only be looking at one market because there is always a trade going on out there and usually with a highly predictable outcome.
No.. NEVER borrow money to trade! Should only build from what you have.
That’s what banks do. If you’re at a good level, trading investors money is a great way to accumulate capital.
We are not the banks, what you’re teaching here is financial suicide!
Chi I’m aiming to have a higher success rate than banks, it’s my life plan and I won’t stop until achieving it and more
Please please make spot live trading video regularly.
There’s a playlist for that: https://www.youtube.com/playlist?list=PLwmpbNUnTt6j8CcgGB2ZpRBSyvrHSxV81
@Etienne Crete – Desire To TRADE Thank You.
I will be following your lesson intensely.
Thanks again.
OK start from 25000k, earning 500$ per week, we cover the principal amount in less than one year. It means we have to struggle 1 year, afterthat we can have some extra profit. Am i right or wrong
Well is it better this or lose the $25k on living expenses and not get anything in return?
Who was your mentor? I live in Montreal too !!
I’ve had multiple mentors, most of which I’ve interviewed: https://www.youtube.com/playlist?list=PLwmpbNUnTt6gL4jdULaMVuMi24O8KPZqw
Love the video bro. Hard truth that many trader need to believe. For those who can make 10% a day tell me when you can buy a lambo. I know there are some trader that can make 10% a day in the long run but they are hard to find million in one and slave with the computer.
Its a hard pill to swallow for the newbies. I’d say even a 100k account is on the low side to live comfortably in North America.
Glad you’re seeing though my point 💪📈
Realistic video, need to talk about commission
Good point 🙌
Thanks for another great video. Which broker could you recommend?
These ones: https://www.youtube.com/playlist?list=PLwmpbNUnTt6hTMbCh3KQ8K5_usTg2qMbt
So how does leveraging work ? I heard 1:100 leverage allows you to invest $100 dollars that shows as a $10,000 account.?? Im confused.
Yes but that also means you can lose more. Leverage is only so you can take more trades at the same time. It shouldn’t be used to risk more
This guy knows what he’s talking about. This is a low risk strategy that will ensure you don’t lose money once you stay focused. At this point you’re not gambling, but doing calculated risks.
Thank you! Glad you’re seeing through this. Much appreciated!
100 dolars a day bro that’s like 3k a month in my. Ountry 350 dolars is average selary a month…
I’d be satisfied with 50usd per day from trading 👍