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20 trades to become millionare - is it possible?

Feb 10, 2019 at 07:38
3,384 Zobrazení
87 Replies
Pips Dj (PipsDj)
Členom od Mar 30, 2021   1 príspevkov
Sep 23, 2021 at 07:32
In just 20 trades? I found that experience works against you in the markets especially in live markets. 20 small target trades will ultimately mean you risk a lot, in contrast to that large target trades would mean that you have the patience that goes with holding a profitable trade. with these odds stacked against you, I don't think it's possible, even experienced traders would have difficulty with this. However it depends on a lot of factors
Building, Steady, Sustainable Progress
Členom od Mar 28, 2021   617 príspevkov
Sep 27, 2021 at 13:49
It depends on how much capital you have and how skilled you are. The greatest single trade in history occurred in the early 1990s when George Soros shorted the British Pound, making over $1 billion on the trade. Now you know.
Nick (Nickbuer)
Členom od Sep 26, 2021   23 príspevkov
Sep 27, 2021 at 20:48
Členom od Feb 09, 2020   26 príspevkov
Oct 15, 2021 at 19:32
It's possible in theory, however you should understand that everything you can imagine in theory isn't possible at practice. Here we should apply to luck, because 20 trades winstreak is kinda rare and almost impossible. It depends on the sum which you consider to start with. For example if you start from 50k$, then probably it's possible to upgrade it to 1 million of dollars, but you will have to neglect risk management and money management practices. Hence, if you are ready to take such risks on yourself, then you should try it. However, if you consider lower sum, then it will be almost impossiblt as I think.
Členom od Aug 17, 2021   94 príspevkov
Oct 16, 2021 at 17:12
Yes, it is possible to make money in stock trading. Many people have made millions just by day trading. But the important thing about day trading is that only a few can make money out of day trading and the rest end up losing their entire capital in day trading
Členom od Jun 21, 2021   24 príspevkov
Oct 19, 2021 at 10:07
well you can even become a millionaire in just on trade if you have that in you.
Členom od Oct 18, 2021   76 príspevkov
Oct 19, 2021 at 12:24
I think you will never become even a millioner for 20 trades. Because I am not sure you will get 20 profit trades. 1 or 2 min will be negative. Or maybe bigger negative.
Členom od Dec 05, 2019   17 príspevkov
Nov 12, 2021 at 09:07
It's possible if you start from 500k$ and you will open a position with 10-50k$. In other cases it will be very difficult for you to become a millionaire just with a help of 20 trades. I believe that traders shouldn't set such oobecjtives at least the will be at solid level in trading activity. Traders should set minor objectives and step by step reach them. For example, if you have 500$ for trading, then your first goal is 1000$, the next one 5000$ and in the same way you will reach any sum which you want. Of course, it requires a lots of time, however it will teach trading discipline and you will never cheat yourself with fake hopes in this case.
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