Best regards.. A simple addition please. This is the rosy side of trading. We must mention the other side, which is the possibility of losing the entire capital if we do not manage the capital well.
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Kingmouaz
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Convert $100 to $5,000 in 30 days📈💰 The plan provides a specific daily schedule to turn small capital into big profits through clear daily goals. The challenge starts with a balance of $100, with targeted profits starting from $10 per day and gradually increasing until reaching $500 on the last day. Trade sizes (lots) are used that are proportional to the balance, starting from 0.02 lots and gradually increasing to 1.00 lots.
Success Essentials:
1. Market Analysis: Start your day by analyzing the markets using technical and fundamental tools to determine the general trend and support and resistance points.
2. Develop a trade plan: Set the daily target based on the desired profit in the table, choose the appropriate lot size and set stop loss and take profit points.
3. Execute the trade: Open the trade at the appropriate time based on the analysis and trading plan, while adhering to the specified lot size.
4. Deal Management: Monitor the deal to ensure that daily targets are achieved, while committing to stop losses if the market moves against you.
5. Stop after achieving the target: After achieving the daily profit, stop trading and prepare for the next day.
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