Can I make $10 per day with $500 cash?
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Thread: Can I make $10 per day with $500 cash?

  1. #1
    Hi,
    Please anybody help just how to make sure $10 daily without risking any money, as I do not want to lose.
    I've got $500 to startup. But there are folks caliming that following their system will make money, 1 min scalping, for example 5 min fad, 4 hours MACD.
    But I want to understand and follow 1 system, which can be most efficient.
    I'm not speaking about automated system or robot, however a charting system, which follows trends.
    Thanks Ahead of Time

  2. #2
    Quote Originally Posted by ;
    Hello,
    Please anybody help as how to make sure $10 per day without risking any money, since I do not need to lose.
    I have $500 to startup. But there are many people caliming that following their system will make money, for example 5 min tendency, 1 min scalping, 4 hours MACD.
    But I would like to understand and follow 1 single system, which can be most efficient.
    I'm not speaking about automated system or robot, but a charting system, that follows trends.
    Thanks beforehand
    Hi there,

    Well it is my view that you'd be wise to join us noobs studying simplistic support and resistance, scalp lines, candle patterns, fibs, trend lines, and price action in order that you might shoot high probability trades. That's the path I'm on...

    with 500 you can trade at 10 cents a pip and risk 1% if you permit a 50 pip stop loss....not too bad heh?

    Kyle

  3. #3
    Quote Originally Posted by ;
    Hello,
    Please anyone help as how to make certain $10 per day without risking any money, as I don't want to lose.
    I have $500 to startup. But there are lots of folks caliming that after their system will surely make money, 1 min scalping, for example 5 min tendency, 4 hours MACD.
    But I would like to understand and follow 1 single system, which can be most efficient.
    I'm not talking about automated system or robot, however a charting system, which follows trends.
    Thanks in advance
    There are no systems that don't suffer with drawdowns.... Just don't let the winners be not bigger than the losers.
    Learn cash management and trend after.... You will be taken by People .

  4. #4
    Quote Originally Posted by ;
    Hello,
    Please anyone help as how to make sure $10 daily without risking any money, as I do not want to lose.
    I have $500 to startup. But there are many people caliming that following their system will surely make money, 1 min scalping, such as 5 min tendency, 4 hours MACD.
    But I want to learn and follow 1 system, which is most efficient.
    I am not speaking about automated system or robot, but a charting system, which follows trends.
    Thanks in advance
    2 percent a day free of risk?

  5. #5
    Quote Originally Posted by ;
    Hi,
    Please anybody help as how to make certain $10 per day without risking any money, since I don't want to lose.
    I've got $500 to startup. But there are people caliming that following their system will certainly make cash, 1 minute scalping, for example 5 min trend, 4 hours MACD.
    Perhaps you have opened/traded a demo account yet?

    It normally takes time to develop both the understanding and discipline required to successfully exchange a egy.

    Can you plan to stare at the computer all day trading? How can you respond to taking a reduction missing an opportunity, or getting whipsawed?

  6. #6
    Quote Originally Posted by ;
    2% a day with no risk?
    480%(not compounded) annually with no risk?

  7. #7
    Find something else to do to earn money. . .realistic expectation in trading involves risks..forex is the most risky way to make money. . .and if u dont understand what yur doing un gonna shed yur money for sure

    if u want 10$ a day find something else to do....just my views

    the biggest problem traders make about trading is not accepting risk involved with taking a trade so if yur placing a trade and cannot come to terms that the trade may lose, un are doomed in forex....it is this simple...

  8. #8
    Quote Originally Posted by ;
    Hi,
    Please anyone help as how to make sure $10 per day without risking any money, since I do not need to lose.
    I have $500 to startup. But there are folks caliming that following their system will surely make cash, 1 minute scalping, for example 5 min tendency, 4 hours MACD.
    But I want to understand and follow 1 system, which is most efficient.
    I am not talking about automated system or robot, but a charting system, which follows trends.
    Thanks in advance
    Scalping will surely blow off your account in five minutes. Guess what? There losses in Currency Market. Warren obtained some shares and individuals criticized him. He said he doesn't understand where the market will move in the near future but said his shares will move up. The secret is tendency. Find the perfect entery exit then you are the man. But you will surelly shed some. So don't think there is a holy grail. Your holy grail is the platform which keeps your account protected from margin call. And make you some pips as a bigginer

  9. #9
    Quote Originally Posted by ;
    Scalping will surely blow out your account in five minutes. Guess what? There is always losses in Currency Market. Warren acquired some stocks and individuals criticized him. He said he doesn't understand where the market will move in the future but said his stocks will eventually move up. The trick is tendency. Find the entery exit that is great then you're the guy. But you will lose some. Don't think there is a holy grail. Your holy grail is the system that keeps your account safe from margin call. And make you some pips because a bigginer...
    yes this is words from a experienced trader, there actually nothing as a set system whatever system u have (yur edge) just must cover more than lose and 500$ u better be about a micro account differently the initial trade will likely wipe u out

  10. #10
    Quote Originally Posted by ;
    yes this is words from a seasoned trader, there isn't any such thing as a set system whatever system u have (yur edge) just needs to cover more than u lose and 500$ u better be about a micro account differently the first trade will probably wipe u out
    thanks to the advice,
    I want to understand, what is a micro account?
    I utilize e-toro
    thanks

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