So u want to make $500000 with $1 by doubling. You know what? Even if u use 400:1 (it is maximum for most brokers) leverage it will take 25 pips +  spread to double your current trade amount. It will take only 16 trades to reach 32768 and 17th trade will take it to 65536. It sounds very simple to u. right? Just 17 trades of around 30 pips each and u will get $65536 in ur pocket.

Be realistic and not dreamy (There r some other words but I dun want to break forum rules). You r trying to gamble in forex trading with no knowledge at all. With this much leverage u will blow ur account. It is not like u need 1 pip for 17 trades. It is u need 25 to 30 pips for 17 trades with maximum leverage where u only need around 20 pips to loose all the trading amount. 

This much explanation wasnt needed but I wanted u to realise that there r many Pro traders out there an no one is trying that. Forex is high risk/ high reward opportunity and not Richi-rich scheme.

hmmm if u want to make 500000$ dollors. so i dont think it is possible with very small amount but if you try to invest amount 10000$ so it maybe possible but then you will have to make a plan for you money. what i mean to say that is you must control over you leverage and lots you are investing. for suppose if i have 10000$ in my account so i should just open a order of 5 lots with the target of 30 pipe at one time so when i successful in my target i will get 150 dollars i can do such trading 10 time in 12 hours so then what will be profit in one is 1500 dollars.

Start with $1 and double it everyday, and at day 22 you'll have over $1 million. All you have to do is make 100% return everyday for the next 22 days, which should be easy in forex, right?

Originally posted by 78611092

hmmm if u want to make 500000$ dollors. so i dont think it is possible with very small amount but if you try to invest amount 10000$ so it maybe possible but then you will have to make a plan for you money. what i mean to say that is you must control over you leverage and lots you are investing. for suppose if i have 10000$ in my account so i should just open a order of 5 lots with the target of 30 pipe at one time so when i successful in my target i will get 150 dollars i can do such trading 10 time in 12 hours so then what will be profit in one is 1500 dollars.

Even with 10000, u cannot reach 500000 in 1 month. 

Look at the topic of this thread.

There is no similarity between topic and the post written. Topic is best money management and post suggests to adopt worst money management.

Originally posted by Jogi

Look at the topic of this thread. " />" />" />" />" />" />

There is no similarity between topic and the post written. Topic is best money management and post suggests to adopt worst money management.

hahaha. 

Yes right. But it tells us about the mindset of novice traders.

be realistic and our target should bre with reality we know it is hard but we should go like this ... and that can help us a lot in other way we will lose every thing

I think this can be very risky.If you double your risk always then it will need enough money in your account and amont link 500000$ is not possible at all for mos of specially for me.

There is no likeness between subject and the publish written. Topic is best control and publish suggests to adopt worst control.