Hi guys,
First of all I want to let you guys know that Forex is Business not Gambling because many people who can't be a trader because of lake of knowledge or experience start calling Forex is Gambling and if we want to succeed then we have to do is developed some rules for our business like every other successful businesses around the world.
Each and Every Company no matter it's Government related or Private, they all have their own targets for each month and for achieving those targets they work hard each day with proper planning and analysis.
So First rule must be a Target for monthly basis and work hard to achieve our target. A simple calculation and target according to investment is as under.
Target with 200$ Investment and 50 Pips Daily target.
Daily 50 Pips 50 x 22 (Working Days) = 1100 PIPS
Using 0.10 Lot 0.10 x 1100 (PIPS) = 110$ (Net Profit Per Month)
Now you can see a good profit if you work as per the plan.
When we achieve our Target of the month, after analysing the detail of the month we can increase the ratio of target depends on how early we have achieved our target.
I will start posting daily Forex fundamental analysis / free forex analysis and Signals of Selling or Buying from Monday and will achieve try to achieve the target which set according to your balance/equity.
Thank You,
(Note: If Don't want to invest/cannot invest your own money. Then Click Here, create your profile and start unlimited earning from simple comments.)
First of all I want to let you guys know that Forex is Business not Gambling because many people who can't be a trader because of lake of knowledge or experience start calling Forex is Gambling and if we want to succeed then we have to do is developed some rules for our business like every other successful businesses around the world.
Each and Every Company no matter it's Government related or Private, they all have their own targets for each month and for achieving those targets they work hard each day with proper planning and analysis.
So First rule must be a Target for monthly basis and work hard to achieve our target. A simple calculation and target according to investment is as under.
Target with 200$ Investment and 50 Pips Daily target.
Daily 50 Pips 50 x 22 (Working Days) = 1100 PIPS
Using 0.10 Lot 0.10 x 1100 (PIPS) = 110$ (Net Profit Per Month)
Now you can see a good profit if you work as per the plan.
When we achieve our Target of the month, after analysing the detail of the month we can increase the ratio of target depends on how early we have achieved our target.
I will start posting daily Forex fundamental analysis / free forex analysis and Signals of Selling or Buying from Monday and will achieve try to achieve the target which set according to your balance/equity.
Thank You,
(Note: If Don't want to invest/cannot invest your own money. Then Click Here, create your profile and start unlimited earning from simple comments.)
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