Sandile Shezi only trades for two hours a day, and he is making millions. A lot of you might be wondering how is that possible with forex trading. This is possible, and most people are doing this in South Africa.
With my calculations, you can make a million from R1000 in 10 days. Before I show you the predictions, let me tell you something that makes sense to those who think my formula does not.
Lets say you have $200 / R3000 and you have learn forex such that for every three(3) trades you make, are win and one (1) is a loss, lets also say, you allow your self to decline 5% of your current balance and profit the same 5 %, note that in the case of $200 you 5% is $10 /R150.
Now if you win two trades $10 x 2 = $ 20 and loss one $-10 your nat will $20 + $-10= $ 10, meaning that you daily profit is $10 . in 20 days time it will be $10x 20 = $ 200, and this means that you have now double your initial $200 to $400.
If you do the same on the following month with you 5% being equal to %20 at the end of the month you will have turn $400 to $800 and so on and so on.
Remark: we are using this , $1 = R15
Now let's see how to turn R1000 to R1 million- Start: R1000
- Day 1. R 1000 to R2000
- Day 2. R4000
- Day 3. R8000
- Day 4. R16 000
- Day 5. R 32 000
- Day 6. R 64 000
- Day 7. R 128 000
- Day 8 . R 256 000
- Day 9. R 512 000
- Day 10. R1 024 000
This is awesome and possible if you think guys are the short change from days to a month and use the math I gave you above. If you change from days to a month, you can turn R1000 to R1 million in 10 months, but the truth is that you can turn 10oo to R1 million with forex trading.