General Strategy
1. Split the Goal
Final goal: Multiply $10 by 50 to reach $500.
Timeframe: 30 days, which equals approximately 20 trading business days.
• Required increase: Approximately 7% net daily on the available capital.
2. Use Leverage X10
• With X10, each 1% movement in the market generates a 10% gain or loss in your account.
• This allows small market movements to have a significant impact on your capital.
3. Risk Management: Stop Loss and Take Profit
• Stop Loss: Set a maximum loss per trade of 2%-3% of the total available capital. This minimizes losses and protects progress.
• Take Profit: Aim for a return of 5%-7% per trade, aligned with the daily goal.
4. Number of Trades
• If you achieve an average return of 7% daily, you would need 20 consecutive successful trades.
• If you manage to double your capital each week, you might only need 4-5 significant winning trades.
Daily Growth Plan
Day Initial Capital Gain (7%) New Capital
1 $10 $0.70 $10.70
5 $13.14 $0.92 $14.06
10 $19.71 $1.38 $21.09
15 $29.57 $2.07 $31.64
20 $44.35 $3.10 $47.45
30 $466.51 $32.65 $500
Size of Trades
• Only risk 1%-2% of the capital per trade, adjusting the position size as your account grows.
Recommendation:
• Practice on demo accounts before risking real money.
• Focus on developing sustainable trading skills rather than seeking quick profits.
• Remember that leverage amplifies both gains and losses and should only be used with strict risk management.