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How much do traders make a day?

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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 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.


    • #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.


      • #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.


          • #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


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