can i retire in 5 years starting with 5,000$ ?

Discussion in 'Forex' started by mr double, May 18, 2006.

  1. LMAO. Tongue was firmly in cheek :D

     
    #31     May 19, 2006
  2. Choad

    Choad

    :D
     
    #32     May 19, 2006
  3. if you're under 50, you need to keep on compounding beyond 1.5 Million if you want to retire to a 1st world country and maintain a nice lifestyle.
     
    #33     May 19, 2006
  4. i thot i heard u had backers and a huge acct ready to double in no time...did they desert u after discoverin' u journal here on et[?]
     
    #34     May 19, 2006
  5. G_Jimbo

    G_Jimbo

    Is it even possible to maintain 10% monthly for several years for an average trader?
     
    #35     May 19, 2006
  6. cvds16

    cvds16

    it's more like 1.5% each month, so this 10% a month is simply ridiculous.
     
    #36     May 19, 2006
  7. I thought like that when i started trading - and made 30% my first month. Then I realised it is not sustainable. Dont dream - if it was that easy everyone would do it. Focus on the process and actions.
     
    #37     May 19, 2006
  8. G_Jimbo

    G_Jimbo

    So that means anyone starting out with less than 100k might find it pointless trading (on 1.5% monthly).

    And I thought I could make a living on my 25k (+3k tuition) :eek:
     
    #38     May 19, 2006
  9. Every time I think I have seen it all someone steps up to correct me.
     
    #39     May 19, 2006
  10. misha7

    misha7

    I really hope mr double comes back to inform us it was all just a joke...
     
    #40     May 19, 2006