How to turn $500 into a Million in 3 years with 1% risk money management?
Polskito
Пользователь с Feb 09, 2016
1 сообщений
Feb 10 2016 at 07:27
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.
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.
Dmitry
(websmith)
Пользователь с Sep 30, 2011
72 сообщений
Feb 10 2016 at 12:57
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.
Earning money should be boring. If you feel excited or worried, your risk settings are too high.
vontogr
(togr)
Пользователь с Feb 22, 2011
4862 сообщений
Feb 11 2016 at 09:13
Devhuti
Пользователь с Dec 31, 2014
94 сообщений
Feb 11 2016 at 13:22
Go for signals up to 300 to 400pips
Top Forex Robot
vontogr
(togr)
Пользователь с Feb 22, 2011
4862 сообщений
Feb 12 2016 at 11:33
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
Bert
(BertTraynor)
Пользователь с Sep 14, 2015
5 сообщений
Feb 12 2016 at 11:42
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.
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.
Bert
(BertTraynor)
Пользователь с Sep 14, 2015
5 сообщений
Feb 12 2016 at 11:42
I.e make 20% in a month, increase your lot trade size by 20%.
Bert
(BertTraynor)
Пользователь с Sep 14, 2015
5 сообщений
Feb 12 2016 at 11:42
TopMasterTrader
()
Пользователь с Jul 23, 2015
6 сообщений
Feb 12 2016 at 11:44
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 :)