I believe that there are just some things that that are not realistic and achievable, to think that you can double your account balance and within a short period of time for that matter is not a good approach, it is one that will end up making you even more losses in the process.
I mostly do not like the idea of doubling our Forex accounts because it usually comes with risks when we are doing it in a short time or with a few trades.Let us be focused and trade slowly and collect our profits gradually. This is the only way to succeed here in this business.
thank you this is very good idea and we can trade with this way with very low risk without any greed or high risk because 1% per trade is very good and by this way we can control on any loses we do it while our trading and step by step we can double our account without any problem because if we made 2% daily this mean that we can make 40% monthly and in less than 3 months we can double our accounts
every trader has their own trading targets some person want to earn on daily basis,,some set their targets on weekly or monthly basis, also the return on investment also matters alot as traders
then trade and make profit accordingly, so making your account investment double means you want to warn 100% of your investment which can be possible with proper trading strategies,
It is not possible to double account balance without experiencing risk though due to our level of professionalism the loss might not be that significant but yet we are still going to have few victims though situation is under control.
Sorry to say, this type of trading strategy is theoretically correct, but in practical market, the scenery is different. And beside that, I always see this kind of post that make your investment double/triple in a shortest period of time. No one care about increasing skill and knowledge which actually really very important.
Forex is all about a proper and successful money management plan. We should work hard to develop a workable strategy to earn the profits easily. The more we work hard, the more we can be able to achieve our goals. We should always keep the risk lower and target the higher. The most important point is that we should develop a good strategy and also stick on maintaining that in our live trading life.
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