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.