I have $200 and I'm wondering how much profit I can potentially make by investing it in the foreign exchange market. I'm looking for an estimate or a general idea of the possible returns.
6 answers
EclipseRider
Thu Dec 12 2024
Aiming for a profit of around 5-10% per month translates into earnings of approximately $10-$21.
EchoChaser
Thu Dec 12 2024
With a $200 account, this means risking no more than $2-$4 per trade.
WhisperWind
Thu Dec 12 2024
This target allows for steady and consistent growth, which is essential for long-term success in trading.
BonsaiVitality
Thu Dec 12 2024
Practicing sound risk management is crucial when trading with a small account balance.
noah_stokes_photographer
Thu Dec 12 2024
A Forex trading account with a balance of $200 can be used to achieve a monthly profit target that is both realistic and achievable.