Here I provide a trading challenge. It's not a easy challenge, discipline is needed to meet the goals.
The goal is to start with only $50 and increase this to $10.000 (200x) in 2 months time.
Every trade always need a 1:4+ RR in order to not devalue your portfolio quick after making some losing trades. Total trades to be taken is around 80 - 100 with a trader who has an average 50% - 75% winrate.
Ofcourse leverage is needed in order to increase the account value in a shorter time. Stoploss stays the same as what I have recommend.
I will do this challenge on my own to improve myself and give myself more confident in trading.
Goodluck if you give this challenge a try!
50 dollar challenge
The goal is to start with only $50 and increase this to $10.000 (200x) in 2 months time.
Every trade always need a 1:4+ RR in order to not devalue your portfolio quick after making some losing trades. Total trades to be taken is around 80 - 100 with a trader who has an average 50% - 75% winrate.
Ofcourse leverage is needed in order to increase the account value in a shorter time. Stoploss stays the same as what I have recommend.
I will do this challenge on my own to improve myself and give myself more confident in trading.
Goodluck if you give this challenge a try!
50 dollar challenge