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Replies to #34042 on FOREX TRADERS
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Nettles

04/03/09 11:05 AM

#34043 RE: SherriT #34042

that is why it can be helpful to look at it in percentages, and then when you have a sense of what kind of numbers you are pulling down over say three months and then you start multiplying that out over a period of a year or two or three you can relax a little seeing what kind of gains you can be making in really a pretty short period of time compared to just about anything else you could do. That is why learning to be disciplined and consistent is the most important thing because you can build yourself a nice little nest egg with some minimal patience. For instance if you have 75 bucks, if you can make 20% on your money 52 times you will have $982850K. So maybe that takes you three years, or if you can do that twice a month two years.....staying disciplined and keeping your eye on that goal will keep you plugging away. My daughter and I have a 20% goal 30 times, she is ahead of me though she already has her first 20% lol.