MY TRADING FOR LIVING STRATEGY

Hello guys, Fathur here . I'm going to share a trading balance management for living. This is inspired by a woman I know working from forex and travel to Swiss for 3 months living there and teaches her Swiss friends how.

So basically the profit we earn from trading is based on several factors, such as ; (1) capital, (2) market volatility, (3) risk, (4) leverage and (5) timing/momentum.

If we have set a certain goal as our active income from future trading. We need to imagine that we're currently running to reach that goal by any ways. Any small profits are fraction of progress we made.

Divide your monthly trading income target by 3. Only use 1/3 of all your balance to go to market. Use the rest as backup if certain unwanted position happens.

Then entry by any opportunity you see from the market using that amount. Don't force the market to reach your expected taking profit position.

Assume that your monthly trading profit target 🎯 is 10k USD and you only have 2.5K USD. Then your average daily profit should be 10k : 30 days or $ 333 bucks.

In that case, use your 1/3 balance 2.5k ($ 835) to earn $ 333. In other words, you only need to generate 40% daily. If it went successful, don't compound your revenue to earn more, take a rest and analysis. To prevent you from doing that, make sure you transfer your daily profit to your bank via P2P market or to your Web3 wallets.

I think this setup is really powerful for long term goals. Try it and give the feedback !