$500 to $1 Million USD » HOW?

$500 to $1 Million USD » HOW?

It is really easy to be a millionaire in forex, all you need is strict discipline, dedication, and focus.

1 Focus on making 20 USD with 500 USD

2 Make discipline – 1 or 2 trades in a day, then after calling it a day

3 Make a target/ Fix an amount to earn weekly/monthly, stick to it.

4 Consider 20% to 30% bad trades also.

5 Never increase your lot size, at least for 3 to 6 months

6 Stick to certain forex pairs only, don’t jump on each n every pair

7 Believe in yourself, trust n focus on your trades

8 Don’t deviate from your decision with external factors

9 Use a ladder to go up, Step by Step, Don’t jump

Considering only 4% return per day
Make 20 USD from 500 USD – trade for 3 months
20 USD/Day x 3 months x 22 days = 1320 USD
1320+500= $1820 Net Capital

Now you have 1820 USD/Daily return 4%
Make 72.8 USD from 1820 USD – trade for 5 months
72.8 USD/Day x  5 months 22 days = 8008 USD
8008+1820= $9828 Net Capital

Now you have 9828 USD/Daily return 4%
Make 399 USD from 9828 USD – trade for 7 months
399 USD/Day x 7 months x 22 days = 60522 USD
60522+9828= $70350 Net Capital

Now you have 70350 USD/Daily return 4%
Make 2814 USD from 70350 USD – trade for 18 months
2814 USD/Day x 18 months x 22 days = 1,114,344 USD

Total = 1,114,344 + 70350 USD= $1,184,694 USD
Now considering 10% loss, you may lose up to $118,469 USD
$1,184,694 – $118,469 = $1,066,225 USD = Almost 1 Million USD (33 months)

WHY WE COUNT 10% LOSS

Risk:Reward = 1:5
80% proven accuracy
Let’s assume
StopLoss=20 pips
TakeProfit=100 pips
Total signals = 100
Loss Signals = 20 (as per 80% accuracy)
Profit Signals = 80
20pips x 20 loss signals = 400 pips loss
100pips x 80 profit signals = 8000 pips profit
400/8000=5% Loss

Spread + Brokerage + Swaps = 5% Loss

Total loss 10%

Considering a very feasible scenario, a client can expect 1 million USD in 3 years of time without any potential risk

Consistency is the main key to success
Be Consistent in your profit
DON’T INVOLVE EMOTION
If you lose or earn, don’t increase your lot size out of greed

Apart from these, you can use strategies to increase your winning rate
Use PARALLEL SIGNALS, HEDGE SIGNAL, CONTRA SIGNALS, INDEPENDENT SIGNALS

Include Day trade, Position Trade, Swing Trade, Scalping, Trend trading in your trade. It will give you a lot of exposure to trading.

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