Turn $10 into $1000 in a day by forex trading

[Vasilikigmk]

Still out here gambling I see?

 

[Ricardo 69]

Hello guys,

How many of you have the potential to turn $10 into $1000 in a day by forex trading?

Have it be possible for you and how did u do it?

Please answer any body! best regards

Jack

it is impossible, even if you make unrealistic risks.=(

 

[Vivaan Jua]

As I see, you opened this thread more than 10 years ago; but unfortunately till now there have so many traders who mixed up the Forex trading with gambling! If I try to make quick money here, then surely I’ll suffer! Money management is so important!

 

[ae.levin]

With a high leverage broker and a good clean entry that is possible but you only have one chance

 

[bigdolly]

The series of winning traders that produce 100x gain is highly unlikely but still statistically possible even for a noob. But if we talk about expected value of average investor, there is no strategy for that goal

 

[fxoday]

As I see, you opened this thread more than 10 years ago; but unfortunately till now there have so many traders who mixed up the Forex trading with gambling! If I try to make quick money here, then surely I’ll suffer! Money management is so important!

Yes I agree, here about risk management is very important to keep the account in an uncertain market, tight risk management will longer life although the trading system still needs to be improved

 

[Ledner]

Hello guys,

How many of you have the potential to turn $10 into $1000 in a day by forex trading?

Have it be possible for you and how did u do it?

Please answer any body! best regards

Jack

It sounds beautiful, but it's impossible...

 

[bigdolly]

With margingale you can do that, but nobody knows how many attempts you should try to do that... maybe you will first lose 990 to then gain 1000, but waste a lot of time trying to game the market. Not a good one approach.

 

[holycow]

Still out here gambling I see?

Agreed and this is the misconception people thinks they can become traders by clicking buttons and turning their mt4 into atm or slot machine.

 

[bigdolly]

It is not realistic to expect to turn $10 into $1000 in a day by forex trading, as forex trading involves a high level of risk and volatility. Trading forex requires knowledge, skill, experience, and discipline, and success is not guaranteed. It is important to approach forex trading with a long-term perspective, focusing on developing a sound trading plan, managing risk effectively, and maintaining discipline in the face of market fluctuations.