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RE: My Journey Into Forex - Part 3 of 3 (The $1 MM Challenge)
Correct me if I’m wrong but it seems like u forgot about the taxes in your calculation. Or maybe u live in Dubai or elsewhere but in Germany it’s like 25%
But nice that u think u will have the discipline. A lot won’t start or stick to the risk management at the beginning because it is demotivating to work so much and gain so less in the beginning
Great observation, I didn't include taxes or commission, so this will have to be either gross profits or I need to make more than $1MM to cover taxes and commissions.