Hi , i want to ask to all traders that how much capital is required to earn $100 daily to make $2200 monthly is it possible if possible than what should your capital if you working with money management? Shares your opinion.
in forex trading business capital is the not the main thing that help you to earn profit from this business. it is a knowledge based business where we need to have good knowledge and trading skills without which we cannot trade here and earn money. if we can manage good trading skill and knowledge then we can earn more profit with a small investment.
making of $100 daily means you need to have a capital of $5000 because you should risk little in each trade. and if we consider you trade with %2 risk and your profits will be the same so you should have not less than $5000. do not increase the risk otherwise you may face many troubles and may loose big money. so trading with safety is the best.
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