How to turn $500 into a Million in 3 years with 1% risk money management?

Be patient and you will turn $500 into a Million in 3 years.

Hi everyone,

Most of us are overusing leverage and looking for a golden trade that will bring them big bucks. No one is interested in making $5 in a trade because they can get a job and earn this kind of money much quicker.
But what if I show you how to make a million bucks in three years starting by trading $5 a day. How is it possible? Through compound interest formula. What is it you may ask, let me show you.

Stay with me and I show you how to turn your $500 into a million making only 1% everyday 5 days a week, 52 weeks a year for three years. It will blow your mind.

Def from Wikipedia: 'Compound interest is interest added to the principal of a deposit or loan so that the added interest also earns interest from then on.”

A formula for calculating the future value of a value generating compound interest is as follows:


where

F = future value
P = present value
i = nominal interest rate
n = compounding frequency
t = time

I our case:

F= $500 x (1+0.01/1)^260 which is equal to $500 x (1+0.01)^260 where %500 is our first deposit, (1+0.01) is 1% a day for 260 days (52 weeks times 5 trading days a week)

After firs year: $6,645
After two years: $88,325
After three years: $1,173,928

Here is a YouTube video about this calculations as well.


That’s it guys, just make 1% of your account balance everyday to become a millionaire within 3 years.

Of course it’s easier to say then do but it’s doable. All you need it a good strategy that will give you one winning trade every day that will rise your account by 1%. If your strategy has 1:1 sl to tp ratio then you will risk 1% only to make 1%. Never risk more then 3% of your account.

the problem is you'll not be able to earn 1% every day. There will be losing days, months and even quarters. That is real life.

@Polskito
You wont make 1% a day. Only I can do so;)

Go for signals up to 300 to 400pips

websmith posted:
the problem is you'll not be able to earn 1% every day. There will be losing days, months and even quarters. That is real life.

exactly

Date Balance Planned Difference Actual Growth Planned Growth Difference
31-01-2016 $2,793.37 $2,793.37 $0.00 n/a n/a n/a
05-02-2016 $2,997.83 $3,002.87 -$5.04 7.319% 7.500% -0.180%
12-02-2016 $3,285.58 $3,212.37 $73.21 9.599% 6.977% 2.622%
19-02-2016 $3,285.58 $3,421.87 -$136.29 0.000% 6.522% -6.522%
26-02-2016 $3,285.58 $3,631.38 -$345.80 0.000% 6.123% -6.123%
04-03-2016 $3,285.58 $3,849.27 -$563.69 0.000% 6.000% -6.000%
11-03-2016 $3,285.58 $4,067.16 -$781.58 0.000% 5.661% -5.661%
18-03-2016 $3,285.58 $4,285.05 -$999.47 0.000% 5.357% -5.357%
25-03-2016 $3,285.58 $4,502.94 -$1,217.36 0.000% 5.085% -5.085%
01-04-2016 $3,285.58 $4,720.80 -$1,435.22 0.000% 4.838% -4.838%
08-04-2016 $3,285.58 $5,074.85 -$1,789.27 0.000% 7.500% -7.500%
15-04-2016 $3,285.58 $5,428.91 -$2,143.33 0.000% 6.977% -6.977%
22-04-2016 $3,285.58 $5,782.97 -$2,497.39 0.000% 6.522% -6.522%
29-04-2016 $3,285.58 $6,137.03 -$2,851.45 0.000% 6.122% -6.122%

The 1% a day is what I've been working towards, but you would also need to similarly compound your lot size you trade 1:1 with your daily % profit.

I.e make 20% in a month, increase your lot trade size by 20%.

https://www.myfxbook.com/members/BertTraynor/bt-fx-corp/1469379

Guys, I already do 1% a days with my scalping strategy so making 1% a day in consistent basis is not a big problem, the bigger one is to psychologically be able to trade $10,000 in one few minutes trade :)