Get a job in McDonalds, after 6 weeks you'll have about $1600 and you'll still have your $200 as well. That's like 800%, not even an Australian forex scheme could make that much.
At least we know what the Senior and Legendary members subscribe to when it comes to trading, but thanks for your opinions.
$200 to $400 in 6 weeks.
Assuming you are trading every day between Monday and Friday.
You have 30 days to create $200.
200/30 = 6.66 , meaning you would have to generate $7 of profit every day.
A strategy with 2% risk on $200 is a strat that allows you to risk $4, so I wouldn't recommend risking $4 to make $7 initially.
However, if you could get a strategy that had a risk reward of 1:3, you could risk 2% a trade and it would get you nearer the $7 a day that you need.
Your problem would be that a RR of 1:3 doesn't usually have as high a probability of return as a 1:1
Do you need to double your money in 6 weeks ? why not double it over 18 weeks and give yourself a chance.
What ever the strategy is and for the purpose of illustration only, why not risk 1:2 , and when you have made your balance $225, why not risk more on the extra $25 and keep the $200 safe or on the same strat that made you the $25 in the first place.
Long story a bit shorter, when you have some risk free capital, put it to work more efficiently and up the risk, but, only on the risk free capital.
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