Is there always an opportunity every day to double your money trading forex?

Answers:1   |   LastUpdateAt:2012-07-15 14:59:02  

Question
Brendan
Asked at 2012-07-07 10:50:03
I want to know if, just like stocks, there is an opportunity to double your money everyday trading forex?
Answer1KennetAnswered at 2012-07-15 14:59:02
If using a 200:1 leverage , you'd do about 50 pips per day to double your money . A little less if you make many trades and worsens.
In theory , it is mathematically possible to double your money every day
if using extreme leverage and have some relationship incredible victory, however, is so unrealistic , do it for a period of time, you have the opportunity both to win the lottery.
Do yourself a favor and stop thinking in terms of money very fast real easy . More often than not, is a road to disaster.
Take your time, learn to negotiate and , eventually , you may be able to extract above average returns of the currency without enormous influence.
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