Dislikedif the loss percentage is bigger than the win percentage. are you gonna still make it? or are you still gonna do it? well ?? does anyone have conclusion or have some input? let's discuss it here.Ignored
Consider this is a 80$ (note because you rarely lose all 100$....) so basically you risk 80$ per month for a chance of getting around 300$ for USA broker 50:1 leverage. OR 3000$ for 200:1 leverage or if you lucky 2 month in a row.. you would get 10,000$....
Obviously it's all depend on you having a job or not. If you have a job losing 80$ is not a big deal, consider this -80$ loss as ONE of the many 1000$ you will lose in the future. (what I mean is if you think losing 80$ is big now... wait until you own a 200,000$ account.. you will be losing 1000$ daily..on average so 80$ is nothing in the FUTURE so what's 80$ loss monthly now compare to 1000$ future daily loss average."
That's how I view gambling..method. In the end you will make it all back when you are rich..., these are just "cost of business" need to lose some to get some.
Seriously if you fear losing 80$ ...now you definitely going to have SERIOUS issue losing 1000$ ....in the future because you value money too much...
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If you want a different perspective then think about this:
What if I were to say : If you play the SAFE way... like 20% of the people in forex factory ( lol did you think I was going to say 95% ? lollll lot of newbies don't play safe oh no the irony.... the pro play safe because the pro fear lollll )
Anyway as I was saying, If you play the SAFE way (unless you have a HUGE capital which mean you either a Master or PHD etc.. or some lucky millionaire want to invest in you then you will Never be rich.
If you want million gain you got to risk 1 million$... that's how it work in the real world. Warren Buffett is no exception .. He's very greedy when majority are afraid...
You can't hope to risk 80$ to get 1 million$ do you lol.. the world will be a cube when you make that happen....
However, you can risk 80$ to get 80$ .. and then risk 160$ to get 160$ etc. eventually you will get up to 500,000$ account. Then you risk 500,000$ to get 500,000$ which mean you have 1 million$ in your hand.....