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  • How much do traders make a day?

    This is a typical question. People need to know how much money able to make a day trading Forex. The popular belief is that you just will get rich so fast here. Thatís more complicated than that.

    To make a living of Forex trading, you only have to accomplish one simple task. Be consistent! Most of the profitable traders started small with cent accounts and as they got a steady level of being profitable, that they had gathered enough risk capital to create a fortune out of it.

    As soon as you make ten to fifty pips weekly, you'll be able to make a living out of trading with the comfort of your home. As you're collecting pips your trading account will grow and grow. Therefore your lot-size will and your earnings in the currency will follow! Another vital point is risk-management. Limit risks and losses will prevent from being crushed!

    So the question isn't ďHow much Do Forex Traders make A DayĒ the question is however consistent can you be? According to this, you must consider a trading strategy that ensures steadiness. Scalping is definitely fun and thrilling, however, does it make sense to multiply your risk with ten trades on a daily basis in comparison with one trade every 1-2 days? The long-term trades have typically a bigger take-profit than the scalping trades with targets of about 2-10 pips.
    The answer is not simple, because there are several factors to determine this. Keep reading..

  • #2
    I am also in the trading marketing business but I am not getting so much in this business and that's why I am thinking of starting a side business for making more money. Well, I was reading an article on the topic of how to make money from a website https://icasinoreviews.info/how-to-make-money-nz/ where I always play online games in my free time and now I am looking for invest some money in the gambling because people making so much money in this field.

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    • #3
      Trading is very good choice to have some extra income side by side. $5 trillion trade happens every single day in market, right skill set and deep knowledge for market can help to earn huge profit, depends on your investment. If you are looking for broker services and hi-tech platform for make your trade, then 70trades can help you in fulfill trading needs and makes you eligible for trade.
      70Trades today stands as one of best reviewed trading platforms especially for its impeccable assistance to novices and professionals alike.

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      • #4
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        • #5
          I guess there's not a certain number to describe the revenue of a trader. It depends on the time you put in and by the risk that you're taking.

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          • #6
            after a couple of months educatin yourself and practicing is $100 a week a reasonable expactation? yeah i know the answer is not that simple but some body out there has a clue as to the positive expactations of a begginer trader

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            • #7
              Number of trades depends on Trading strategy. In simple words number how to decide total trades per days depends on trading market status.

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              • #8
                I think that it would be wrong to voice some specific amounts in this situation, because each trader has his own capital and his own understanding. In the percentage ratio I have also heard absolutely different indicators from 0.2% when a person has a large capital and buys transactions for small amounts up to 3-5% when a trader trades quite risky and the market gives excellent opportunities on this day. Everything is of course relative. I don't think it is possible to make any specific statistics in this direction. Although it would be interesting to see how a few traders who use different strategies will be given the same amount of money and time to see what approach provides a faster return on investment.

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                • #9
                  Day isn't consider in terms of profit, as one day you can earn $500 and next day lose $300. It's much more better to check monthly income. I know that average trader can make 10-15% additional profit on deposit. As you see, the exact amount depends on your deposit size. But there is also exceptions, like Black Wednesday, when in one day George Soros made around $1 billion buy short selling British pound.

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