Can i make money through forex trading


can i make money through forex trading

dollar income may continue to grow, even though your percentage return stagnates or declines. BTW, if youre interested in the indicator that I use personally for very precise entries and exits, Im happy to share that with you. Each pip with a mini lot (10,000 in currency) is worth. It is easier to make high percentage monthly returns on a smaller account compared to a larger account. And so were looking at this upcycle or this uptrend here. Lets say Im just going to eyeball it here that this is the middle note, which if we were to take this square and cut it in half, that is your midpoint right there. Share good things with good people. So these are the kinds of dynamics that happen.

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You average 5 trades per day, so if you have 20 trading days in a month, you make 100 trades per month. This is about.5:1 reward to risk ratio. They think they are doing something wrong and keep switching strategies. Forex is the least capital-intensive market to trade. You still need to open an account online and add money before you can forex trade on an app. Each market has different advantages. Just click that little icon in the top right-hand corner of the video. Have a higher win rate and/or higher reward:risk and the results could be better. Therefore, with a decent futures day trading strategy, and a 15,000 account, you can make roughly: 3, /month or about a 18 monthly return. They usually just read the headline and theyll say thats exciting.

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can i make money through forex trading

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