4 Answers: How can I Make Money in FOREX Trading?
Question
How much profit can I make investing $2,000 in Forex?
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Crypto Currency
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4 Answers
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Answers ( 4 )
Learning how to day trade cryptocurrency is a good investment. I work with Top Class Trade Group, we offer account management services to investors and traders in Forex and crypto trading. With an investment of $1000 we can earn you $7000 in 30 days of trading. Let me know if you want to learn more.
The answer depends on many variables, however as a guide if you are day trading with minimal (if any) leverage you can make between 1–30% per month.
There are higher returns possible using a much higher risk strategy, however it is only the 0.1% of pro traders who can successfully claim that over a year they made a significantly higher profit than the day traders.
Unfortunately, if you approach Forex from how much profit you can make, you may end up losing all $2000. You see, I took a demo account of $50,000 to $1.200,000. I thought I got it all figured out, but when I opened a live account with $5,000 you got that right, I lost it all.
With at least a return of 1:2 “risk to reward ratio, or higher, meaning in every 1%-3% you risk, you should aim at least 2%-6% in return or higher.
‘@2%, you can earn at least $40 in a single trade
‘@6%, you can earn at least $120 in a single trade
For example with a total of 10 trades, considering a consistent 3% Risk and 6% Reward “return”
Lose
Lose
Win
Win
Win
Lose
Win
Lose
Win
Lose
-3%
-3%
+6%
+6%
+6%
-3%
+6%
-3%
+6%
-3%
To sum it up, you can gain at least 15% from your initial capital for a total of 10 trades assuming that you lose 5 times and Win 5 times..meaning a 50% win rate.