Rags to Riches in 10 hoặc 20 giao dịch – Simplicity at its finest

3) The Psychological Perspective
You may have to deal with it like digging a gap to discover the buried treasure. Wins make the opening deeper.Losses make the partitions of the opening cave in.

4) Do not Consider the Cash, Suppose About Web Profitable Trades (NWT)
Whenever you use a 50% cease loss and 100% take revenue, a dropping commerce will solely trigger you to lose the revenue you made on the final commerce. Whenever you scale your leverage down to compensate for the loss, a profitable commerce will get you again to the place you have been earlier than the final commerce.

For this reason you should not take into consideration the cash, however take into consideration the Web Profitable Trades (NWT).
What's a NWT? It merely means what number of extra wins you've gotten had than losses.

5) 9 NWT = 100,000% Đạt được
When you've got 9 Web Profitable Trades, scaling up after every commerce, you'll make a 100,000% acquire.

9 NWT examples

9 wins 0 lỗ vốn
18 wins and 9 lỗ vốn
30 wins and 21 lỗ vốn
50 wins and 41 lỗ vốn
150 wins and 141 lỗ vốn

You get the purpose? So long as you get these 9 Web Profitable Trades, you'll make a 100,000% acquire.

6) The Math
T1 -Steadiness $100 - Mối đe dọa $50 - Lấy doanh thu $100
T2 -Steadiness $200 - Mối đe dọa $100 - Lấy doanh thu $200
T3 -Steadiness $400 - Mối đe dọa $200 - Lấy doanh thu $400
T4 -Steadiness $800 - Mối đe dọa $400 - Lấy doanh thu $800
T5 -Steadiness $1600 - Mối đe dọa $800 - Lấy doanh thu $1600
T6 -Steadiness $3200 - Mối đe dọa $1600 - Lấy doanh thu $3200
T7 -Steadiness $6400 - Mối đe dọa $3200 - Lấy doanh thu $6400
T8 -Steadiness $12800 - Mối đe dọa $6400 - Lấy doanh thu $12800
T9 -Steadiness $25600 - Mối đe dọa $12800 - Lấy doanh thu $25600

which totals.....

Steadiness $51200

7) Cease Loss and Leverage
This needs to be fairly self evident however right here it goes

Should you use 300:1 tận dụng, 17 pips is your cease loss. Your goal is 34 số pít.
Should you use 200:1 tận dụng, 25 pips is your cease loss. Your goal is 50 số pít.
Should you use 100:1 tận dụng, 50 pips is your cease loss. Your goal is 100 số pít.
Should you use 50:1 tận dụng, 100 pips is your cease loss. Your goal is 200 số pít.

8) Hình ảnh #1 - Digging for Treasure (Web Profitable Trades Idea Illustration)

9) Hình ảnh #2 - Instance of a 200,000% acquire in 4 days of swing commerce the 30 khung thời gian phút

10) What to do after making $50,000
Sau khi chạm $50,000 (or no matter you're feeling comfy with), you need to begin buying and selling decrease leverage and decrease dangers. Here's what I might do, however you are able to do no matter you need.

Một) assuming i made the $50,000 earnings in 1 yr or much less, i might be taxed and solely have $35,000 ĐẾN $40,000 remaining (except tax free)

b) i might take the $40,000 and try +to make 20% features each month, which might give me round $400,000 at the yr finish, and after taxes i might have roughly $300,000 remaining.

c) now i would cut back my leverage by HALF, and commerce the very same approach i traded the yr earlier. i might goal for 10% features monthly, and at the yr finish, my earnings can be $600,000 with a complete steadiness about $900,000. after taxes remaining steadiness can be about $750,000

đ) the subsequent yr i might goal for 6% hàng tháng, and double my cash by yr finish to $1.5 mil. repeat for subsequent 5 years and retire (semi retire, i might nonetheless commerce weekly charts, simply no scalping, in all probability extra inventory and commodity investments to be trustworthy)

Biến thể
Utilizing 1:4 RISK REWARD and preliminary cease lack of $25

Account steadiness = $50, giving two makes an attempt to get going.

Threat = 50%
Reward = 300% (4 fold)

$50 trọn, first commerce threat $25
Win = $150 trọn
Win = $450 trọn
Loss =$225 whole
Win = $675 trọn
Win = $2025 trọn
Loss = $~1000 whole
Win = $3000 trọn
Win = $9000 trọn
Mất mát = $4500 trọn
Win = $~13000 whole
Win = $39000 trọn
Win = $117000 trọn

9 wins, 3 lỗ vốn.

The order of the wins and losses would not matter.
___________________________________________________________________________________________

This thread is open for dialogue, be happy to ask questions or make observations..