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MIC1986
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MIC1986
What am I missing here?
in
New Traders
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?
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