What am I missing here?

Aug 06, 2023 at 01:27
Vistas 361
2 Replies
Miembro desde Aug 06, 2023   posts 1
Aug 06, 2023 at 01:27
I am planning to invest $100k in forex and I am intending to use no leverage. Here is what I am thinking, in a given week I see at least 1% movement in a given currency pair so I intend to invest this $100k in a few pairs and hold positions until I make the 1%. Because I dont use leverage, I dont have any pressure of closing positions.

My thought process is that if I do this and continue making 0.5% to 1% weekly then its a great return. Am I missing something here that needs to be considered?
Miembro desde Aug 07, 2023   posts 1
Aug 07, 2023 at 08:42
MIC1986 posted:
I am planning to invest $100k in forex and I am intending to use no leverage. Here is what I am thinking, in a given week I see at least 1% movement in a given currency pair so I intend to invest this $100k in a few pairs and hold positions until I make the 1%. Because I dont use leverage, I dont have any pressure of closing positions.

My thought process is that if I do this and continue making 0.5% to 1% weekly then its a great return. Am I missing something here that needs to be considered?

Can I have your contact details, please?
Miembro desde Mar 13, 2023   posts 5
Aug 08, 2023 at 22:52
THIS IS A VERY REAT IDEA WE CAN SHARE IDEAS DROP YOUR CONTACT OR EMAIL
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.