I was pondering Fareed’s question, about my forex trading income goals and if I want to earn R10,000 a month with a capital of R50,000, starting with the minimum opening balance of $250, and assuming a very aggressively inspired 100% monthly return, is double my money every month..
At today’s rate:
R50,000 = $6,200
Starting month : $250
Month One: $500
Month Two: $1000
Month Three: $2000
Month Four: $4000
Month Five: $8000
And I hit my target:
Then I can consolidate and trade for 20% return a month to see me earn comfortably.
Is this achievable?

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