Originally Posted by
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For living on forex transactions what you desire is consistency, Even if you made lots on a single trade and your account has increased, but your transactions are generally a reduction you can't give up your day job for forex. The easy math you need for choosing to live on forex is this: calculate how much you want annually to live, say you want 24000$ divide that by 12, so you know that you need your forex should produce at least 2000$ monthly. Assume you want to risk max 1% per transaction, and your transactions will need to be 3:1 so you get at least 3 percent of...