“Trading forex, derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. You should ensure that you fully understand the risks involved and seek independent advice if necessary before you start trading.”

How to reach the point of Financial Freedom on Forex?

How to reach the point of Financial Freedom on Forex?


Before starting to explain the beginning, you should know
First, how much do you spend each month?

If you already know your costs and expenses every month then we can only determine how much
capital and your monthly profit target.
As many Professional Traders say "Seek Profit Realistic".

What is the realistic profit every month on Forex?
The realistic profit target every month is 5-10%.

So I'll take an example:

If Budi every month has to pay a fee of $ 2000.
So to be able to achieve Financial Freedom Budi must
can make a profit with a minimum of $ 2000 per month.
Then I will assume that Budi can reach $2000 and how much capital should need to trade?

If the capital is $10,000 Risk Reward 2% =
$10,000 x 2% = $200 per trade.
Then Budi has to do 10x trade profit

If the capital is $20,000 Risk Reward 2% =
$20,000 x 2% = $400 per trade.
Then Budi has to do 5x trade profit

Judging from the example above, you can already know
how to achieve Financial Freedom and calculate how much capital is needed.

The risk above is just an assumption if you use a 1:1 Risk Reward with a 2% per trade

Hopefully these tips are useful for those of you who want to try and achieve Financial Freedom.

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