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Old March 30th, 2005, 04:26 PM
mishak's Avatar mishak mishak is offline
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Lightbulb Re: system for only 20-50 pips a day?

Start trading on demoaccount is the good idea - it may save you $500 initial capital.

The idea about $30 a day on forex comes from software pitchers (I guess). The reality is smth like +$50 (20) one day -$20 (50) loss next day. You shud address your AVERAGE daily results for a month, not every day.

I do not think that any trick with small or big account, big or small leverage, etc will allow you to make more than 20% on annual basis. If so - you shud consider yourself "very good".

Now think $500 * 20% = $100. Does one hundred worth all your time sitting every night in front of monitor ?
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