1k to 30k in a year

[Alapokt]

is it possible to turn 1k to 30k in a year w/o risking too much

[miguiseipkr]

You'd need to triple your capital each month. You're doing extremely well if you can triple your capital in a YEAR which equals about 10% gain each month. So no.
If this trader triples their money each month, they will obtain their goal in 13 weeks, not one year.

[oxsu1489]

is it possible to turn 1k to 30k in a year w/o risking too much
You'd need to triple your capital each month. You're doing extremely well if you can triple your capital in a YEAR which equals about 10% gain each month. So no.

[Paulaoxrtis13]

What would be a considerably amount to get in a year starting from 1k
Time ago I asked a professional trader: What would be the right amount of startup capital to get in as few months as it's possible one million dollar with trading? He thought for some seconds seeming to make some mental calculation, then answered: Two millions.

[Melmelada81]

Excellent advice
yeah - one day I might actually start listening to that guy -lol

[Domisick]

Forget monthly targets, just patiently wait for A set ups and take what the market gives while learning to master your techniques and emotions
Excellent advice

[Melmelada81]

If you can get 20% a month consistently, you are a world class trader. This would mean you could turn $1000 into $9000 in a year. A more achievable goal is 5 to 10% monthly on average.
10%, compounded monthly, is still elite level performance. 5% compounded monthly will achieve a 100% per year and still put you in the envious position of , not only being in the minority of people that make any profit at all, but beating the top performing hedge funds which achieved 50% last year. It will be a very experienced trader applying fulltime effort to achieve this. Thinking you can do better with less effort and experience will increase the chances of losing all your money. Forget monthly targets, just patiently wait for A set ups and take what the market gives while learning to master your techniques and emotions

[Domisick]

If you can get 20% a month consistently, you are a world class trader. This would mean you could turn $1000 into $9000 in a year. A more achievable goal is 5 to 10% monthly on average.

[Alapokt]

thanks. I understand that it would be extremely risky too do that. What would be a considerably amount to get in a year starting from 1k

[oxribelvidal]

Just do a search here on this forum if you want info from traders here about it. I think there must be hundreds of threads like this now.....
https://www.forex-instant.com/attachments/1594392825.png

[agyaagesova98]

is it possible to turn 1k to 30k in a year w/o risking too much
Your risk = $1000. Is that too much? The risk of losing it (using methods needed for such a huge gain) is very, very high. If you need to ask that question, then the risk is even higher. Please don't take that the wrong way.

[Melmelada81]

no it is not possible to achieve those results without extreme risk

[miguiseipkr]

This would be extremely difficult to achieve. It has been done but not often. Good Luck