Query26
HOW 1000 USD TO 70000 USD PROFIT??
It is a Benchmark or Reference
Then How Much a Trader can practically earn?
>> 10% of our performance, in the worst case.
What is WORST CASE?
> TECHNICAL/INTERNET ERROR
> LATE ENTRY/EARLY EXIT
> NOT TRADED ON GIVEN TIME/LEVEL
> NOT FOLLOWED SL/TGT
> NOT TRADED AS PER STRATEGY
> TRADING WITHOUT DISCIPLINE
>> 40% of our performance, on an average.
Why 40%???
> Performance we show
Entry 100 and book profit 108
2nd-day book profit 120 (if SL is not hit)
Calculation in performance 100-120 = 20 point if qty. Traded qnt. is 100
Then 100 x20 =2000USD Profit
> Actual Scenario client profit
100 to 108 profit booked that is 50%
8 point x 50 = 400
And 2nd 120 booked remaining position
100-120 = 20 point x 50 = 1000
So 1000+400 = 1400 USD
but in performance, it will be 2000USD
So in real client will make 30% less profit than actual
THEN HOW PAID CLIENT MATCH THEIR PROFIT WITH OUR PERFORMANCE?
1> 10% OF 70000 USD SO HE SHLD GET 7000 USD IF INVEST 1000 USD WITH 1:200 LEVERAGE
2> NEW CLIENTS ARE RECOMMENDED TO USE 1:25 OR 1:50 LEVERAGE ONLY
IF APPLY 1:20 LEVERAGE PROFIT WILL BE
70000/10 = 7000 USD
10% OF 7000 USD = 700 USD PROFIT = WORST CASE
40% IF TRADE PROPER ON GIVEN ENTRY/SL/TP
THEN
40% OF 7000 USD = 2800 USD PROFIT
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