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Do you think trading only high impact news is enough to make a monthly income?
Do you think trading only high impact news is enough to make a monthly income?
- 7 Answers
- In Forex General
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- by
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- certicex
- 498 Views
- 1 year ago
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Yes, definitely possible but FIRST if you have master Henry's method, then with adequate capital and enough guts to trade 10 standard lots ($1million) then 1 pip equates to $100. Do the math, you don't need to make that many pips a week. |
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Yes it is possible. But to make that income you have to have a large enough account to begin with. It would be hard to make a living trading a couple of mini lots on every news event and be able to live off of that. You have to account for draw downs and losses as well. In the end your budget and goals determine how much you need to trade and make a living off of it. |
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Following money management and sufficient trading capital to cover for the lots you are going to trade so you can arrive at your financial goal, if you trade high impact news with success it can generate enough profits. |
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with No doubt, if you trade high impact news your guaranteed, weekly pay with amazing profits |
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It depends on individual financial need, and where one is living in the world, because the cost of living is not thesame everywhere.The profit equally depend on the lot use to take the trade if it is 1 lot or 2 lots and even more lots. |
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Yes. Because high impact news only moves the market significantly when there is enough deviation. So concentrating and trading only high impact news is enough to make a decent monthly income. |
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If your comfortable with $2000 - $10,000/month, I believe it can be more than enough. |
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