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đYou've got $200, a vision, and 30 days. Let's embark on a journey to grow this capital into $1000, all while practicing smart risk management. Remember, trading involves both wins and losses, so let's prepare for various scenariosđ
â Day 1-10â
đžCapital: $200đž
đžDaily Target: 10% = $20đž
đČTotal Target by Day 10: $200 + ($20/day x 10) = $400 đČ
â Day 11-20â
đ°Capital: $400đ°
đžDaily Target: 10% = $40đž
đČ Total Target by Day 20: $400 + ($40/day x 10) = $800 đČ
â Day 21-30â
đ°Capital: $800đ°
đžDaily Target: 10% = $80đž
đČTotal Target by Day 30: $800 + ($80/day x 10) = $1600đČ
Congratulations!đđ You've met your goal of turning $200 into $1500 in 30 days!!
Manage Losing Scenario
losses is a common part of trading. Here's how you can manage this
Risk Management Fund
The $200 set aside for risk management will help cushion potential losses like %5. If you encounter losing days, ensure that your total losses do not exceed this amount.
If you experience a series of losses, you might need to adjust your daily target slightly lower to account for potential losses while still aiming for your $1500 goal
Trading involves both wins and losses, so it's essential to stay disciplined and stick to your strategy
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