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FX result = Trade smart

FX:EURUSD   Euro / U.S. Dollar
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2
Do you know that if you set your daily fx target at 10% of your initial trading capital and your initial deposit is 100 EUR, which means your start-up profits will be around 10 EUR per day, you may reach the following results, respectively in 1, 2 and 3 months respectively *

I. Non-conservative: If you capitalise your 10% of daily gains in your trading capital for every next day, your Final Result (per month) = Initial Capital * (1 + 0.1)^20, or:
1. For 1 month - 672 EUR, which is equal to an annual income rate of 572 %
2. For 2 months - 4,525 EUR, which is equal to an annual income rate of 4,425 %
2. For 3 months - 30,488 EUR, which is equal to an annual income rate of 30,388 %

II. Conservative: If you don't capitalise your 10% of daily gains in your trading capital for every next day, or you always put 100 EUR for all your trades, your Final Result (per month) = Initial Capital * (1 + 0.1*20), or:
1. For 1 month - 300 EUR, which is equal to an annual income rate of 200 %
2. For 2 months - 500 EUR, which is equal to an annual income rate of 400 %
3. For 3 months - 700 EUR, which is equal to an annual income rate of 600 %

Not bad? Trade smart ;-)


* NB! If you manage to reach your 10% daily target every single working day

Comments

UP or DOWN ??
Reply
@Cambista - up and down ;-)
Reply
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