How Can You REALLY Make One Thousand DOLLARS Per Day Trading Forex?

Hello traders, Vladimir here from Home Trader Club, and in this video I want to talk about a super popular question among traders, especially the beginners, but not only. Can you really make $1,000 at least trading Forex every single day? Is it possible to make $1,000 or more per day trading Forex? And not only Forex, just take this market as example. So I want to give my personal opinion on this very subject and to give you a different perspective Maybe direct you correctly to what do you really need to pay attention to if you believe the answer to this question is yes. Ready? Let's begin, and I'll answer my question and give you my trading tips how to achieve this very goal. But before we continue, I would like to ask your support. If you find value in this Video, please hit this like button. And if you are new to this channel, please subscribe with the subscribe button below this video. Feel free to share this video with anyone who you believe can benefit watching that and start doing things differently, properly, correctly in order to achieve this goal. And also big thanks to Eightka Broker for their support in me, my team, my community, and my channel and making this video. Avaliable for you. To learn more about a special program I run with Adka Broker and my personal private mentoring, please refer to the description below this video and find all the information. And now to the million-dollar question: Can you actually make $1,000 per day trading forex? So the short answer is ready. Some drums. Absolutely yes. Yes, it is possible. But— and here comes the but. Every good yes comes with the but. Before you actually start to celebrate and dance of, yeah, now I can make $1,000 every single day, it's very important you stop for a moment before you actually release your horses and start the party, it's important you understand the price you have to pay for that and the correct way to do it. Because in anything in life, before you actually start working towards that and start achieving that, you— it's very important, I would say even crucial, you understand what it actually takes and what are the steps to achieve these goals. So, can you actually make $1,000 per day trading forex? Yes, absolutely yes. However, as I already mentioned, there is a price, or there are some important things you must understand. So let's stop for a moment and break it down so you can clearly understand what $1,000 a day means and will that work. For you. So let's start with understanding what $1,000 means. If you have a $1,000 account, that means you aim to make 100% on your account every single day. If you have a $10,000 account, that means you aim to make 10% from your account Per day, right? $1,000 out of $10,000 is 10%. And if you have a $100 account, that makes you wasting your time because you are looking to make unrealistic returns. And even if— I have no clue how, but even if you got lucky and make that happen in one very lucky specific day, and most likely you're gonna burn everything you earned. on the next following days. So please stop wasting the time on unrealistic expectations. Now let's break down these numbers so everything starts to connect to you and you understand it properly. Let's just, for the case of the example, say you have a $10,000 account. You have more, great for you. You have less, do your math. It's very simple. I just take $10,000 As an example. Now let's say you want to make $1,000 per day. Good for you. Let's break it down so you understand what it actually takes. That is 10% per day. Keep in mind, trading is a zero-sum business— zero-sum game, it's called— which means if you aim to make 10% a day, somebody will have to lose it. Money doesn't grow on the trees. You probably heard that, yeah? So think about it this way: how much time, effort, trade do you actually need to put and make in order to make it happen? So if you from $10,000 start to trade with one lot, which is $100,000, one pip in that case Will equal ten dollars. Okay? Now if you want to make one thousand dollars, then you need what to make one hundred pips, and then you can actually make one thousand dollars. It sounds brilliant. The question here comes. How can you achieve— and let's be honest, can you achieve 100 pips every single day? So despite what the internet is selling you, and despite all the dreams they are selling you online, how to make money fast guaranteed, the reality is you cannot make 100 pips if the market does not make the move of 100 pips. Or you would have to place more and more and more trades in order to achieve 100 pips. 100 pips could be done by one trade if it moves 100 pips, or it could be 10 different trades if it moves 10 pips, or 20 different trades if it moves only 5 pips in your favor. Don't let me even start talking about what happens if it doesn't move in your favor. And the more trades you take, the bigger the probability is that some of these trades will actually go against you. Even though if you have the best, absolutely best trading strategy, still, believe it or not, sometimes the market will actually go and move against you. It's part of this business. And if you cannot deal with that, Real information, then maybe trading is not for you. Okay, so this is very important to start with this very simple formula. Okay, one pip in one lot equals ten dollars. If you want to make one thousand dollars, you need to make one hundred pip from one trade, from ten trades or twenty trades doesn't matter. Now. Not everything is actually pink, and sometimes trading goes against you. Here is something you will have to be absolutely honest with yourself. What happens? And please be honest. You're not doing it for me. It's you and your money. Be honest. If the market will go against you in total 100 pips, and you would be floating. Minus $1,000. Can you actually be live living peacefully with that? Can you actually deal with that? That would be 10% from your $10,000 account. Can you actually live peacefully with that? Most people cannot, and what they will start to do in that case is revenge. And the problem with the revenge is because that's the place where you usually stop being rational and stop behaving rationally and stop really following your strategy. Best strategy you have— rules. And as soon as you abandon the rules, as soon as you start to bend the rules, as soon as you start pushing the buttons too fast The market will revenge on you. When I was working in the industry in hedge fund trading, one of my good buddies used to say, Vlad, if you—I'm sorry for my language—but if you try to pee on the market, you might might make it little wet. But if the market pees on you, once again, apologies for my. Language, you will drown. So it's absolutely true, and that's where this reality of starting good, ending terrible happens to traders over and over and over again. As soon as the emotion— and what is revenge? It's an emotion. It's a terrible emotion. The willing to revenge, the wish to win at any cost and any price. And that's a dangerous place. You might get lucky one or two times. You might actually beat the market, beat the market one or two times. But in reality, it will never end up well. Maybe for one of million people it will, lucky. But for the majority, it will not. And for every time you try to, you try to revenge, and every time you go bananas of anger and you try to push way too much beyond the numbers and beyond the, um, numbers you can deal with, there will be always one more experienced, relaxed, calm trader waiting for this opportunity, waiting for your mistakes. Because believe it or not, the mistakes that traders do are pretty visible on the chart, uh, and they will earn the money. So they've been sitting and waiting patiently for that, for your mistake, so they can go wait, implement their patience and their trade, do what they have to do, take your money. You will end up with nothing, they will end up with profit. You've been wasting all your time trying to make this $1,000 at any price just because that's what they've been selling you online. And there was someone who is patiently waiting, doing nothing for a day or two, or an hour or two, or 10 minutes or two, or a week or two. It doesn't matter, everyone with their own numbers. And when the opportunity comes, they make it properly and take the money, and you lost time, efforts, emotions, anger You name it, and of course, your money. Now let's talk it. Let's take it to the next step. What if you have one thousand dollars? So if you are trying to achieve one thousand dollars per day, what do you think will happen? Why did I do capital D here? Okay, think about this way: in order to make that happen. And if you have $1,000 and you use leverage of 1 to 10, that means you trade $10,000. And if you use leverage of— that's 1, 10 times— and if you use leverage of 100, you'll be trading $100,000 or 1 lot. Yeah, 1 lot, that's the same. Now Here is the good and the bad thing. In one lot, each pip, as you already know— sorry, that's not pip. Okay, each pip equals $10. If you earn this money, these pips, right, you need 100 pips profit Multiple $10 per pip, and voilà! You made your money. Party, yeah? You duplicated your money. You doubled your money. But take a look on this number: only 100 pips. And if the market goes against you 100 pips, which believe it or not could happen, and believe it or not actually does happen to every trader. At least once in their life. What happens in that case is you lost 100 pips, multiple $10 per pip, and you lost your $1,000. So as I said at the beginning of this video, every goal you have comes with the price, and it's important, crucial, you understand what is the price, what are the rewards, and what are the risks you will have to carry if you want to achieve these numbers trading this sort of accounts. So the answer to the $1 million question, is that possible? The answer is absolutely yes. But now I hope you understand the numbers a little bit better and you understand the risk behind it. If you are willing to take the risk Acknowledging the fact that you can lose your money that fast as I presented here. Remember, in $1,000 account, 100 pips against you with the big leverage and boom, you have no $1,000 in your account. If you are willing to take this risk and to accept that, then welcome. You might be rewarded in the way you want. But here is what I want to share with you from personal experience. Instead of dreaming too far how to make fast money every single day, here is what I suggest— more realistic approach. First of all, you have to understand it's impossible to make money every single day because the market conditions are different, because things happen. in the world, not always in the way we wanted, and because no, not you, not me, not anyone is smarter than the market. We are participants in the market. It's a jungle. It's you against millions of others who are trying to do the same thing— take someone else's money because we think we are smarter. So instead of you know, falling in love with this fake, not realistic dream of making money every single day because somebody promised you that online, here is what you should be aiming to do more realistically. Before you dream about the huge numbers, start with doing consistent small numbers. Instead of making $1,000 every day, start small. Prove you can do $10 every single day. In case you prove you can make $10 every single day for a good period, then you can increase it, make $20 a day. As soon as you prove you can make it, go up and up and up. And then you would not be trying to chase unrealistic numbers before you prove you can actually do it with small numbers. And it's crucial because if you are not able to If you cannot deal with small numbers and do it with small numbers, there is no way on earth you would be able to make it with big numbers. Another important tip I want to give you is instead of doing it per day, do it per day in average. Meaning there could be absolutely amazing days where you would be making double than your goal. But there could be days that you would have to accept a loss. And instead of losing yourself and your account, accept a loss. Get out in that day or that week. Come back tomorrow. There is always tomorrow when it comes to trading. So start thinking not per day, but per day in average. Okay, it's very important. It's a huge difference and very important suggestion I want to share with you. And the final suggestion is please stop believing the promises that promise to deliver you the sky because they will deliver you absolutely nothing. Can you make money? Absolutely yes. Can you make great money from trading? Absolutely yes. But start small. Start with consistency. Don't dream bigger than you should before you even proved you can do it small. Okay? Those who go to the gym and dream about, oh, one day I will lift 300 pounds bench press, you cannot do it before you actually Started small, lifting 100 pounds, then 110 pounds, then 120, 130, and everything. Yeah, unless you're Anatoly from his amazing pranks he is doing online. So please be realistic, be honest with yourself and with your expectations. Okay, so that would be it for this video. And once again, I want to repeat an encouraging Uh, finale for this video. Can you make $1,000 per day trading Forex? Absolutely yes, with the understanding of all, all the things we discussed in this very video. I hope you find value in this video, and if you do, please don't forget to hit that like button and subscribe if you are new to this channel. And also, I want to invite you to our trading family, the Home Trader Club, where you will get your access to our full Trading courses, full education for beginners and for advanced, huge comprehensive media zone with tons of webinars, access to our community, enjoy real-time trading education and trading opportunities, and so much more. Join us with the link below this video in the description. So thank you very much for your time watching this video. Best to you and yours. I'll see you soon with more. Bye for now and good