How to turn $100 into $1000 in forex

Forex trading is one of the most common forms of trading that exists today.

Top forex bonuses

How to turn $100 into $1000 in Forex Trading, how to turn $100 into $1000 in forex.

Forex market, otherwise known as the foreign exchange market, determines the exchange rates per currency. For instance, you see major currency pairs constantly changing every week such as USDCAD or EURUSD. This is precisely what forex trading is all about- it’s buying and selling currencies at a determined time. Forex trading can be considered both as a passive income job and as a regular source of income. In fact, you can turn $100 into $1000 just through forex trading, which we’ll be discussing in this article. Finding the right broker is the primary key to success in forex trading. Various brokers offer a ton of good services such as high leverage and small spreads. There also brokers that offer a minimum of $10 every time you want to put a deposit on your account. However, certain brokers are a bit sketchy, so watch out for those. By finding that one of regulated forex brokers who’s perfect for your standards and needs, you have everything you need to start forex trading.

How to turn $100 into $1000 in forex trading

Forex trading is one of the most common forms of trading that exists today. Forex market, otherwise known as the foreign exchange market, determines the exchange rates per currency. For instance, you see major currency pairs constantly changing every week such as USDCAD or EURUSD. This is precisely what forex trading is all about- it’s buying and selling currencies at a determined time. Forex trading can be considered both as a passive income job and as a regular source of income. In fact, you can turn $100 into $1000 just through forex trading, which we’ll be discussing in this article.

#1 have the right mindset

Mindset is everything and this is especially accurate in forex trading. You need to have the right mindset in entering forex otherwise, you’ll lose more than you gain. Forex trading has the capacity to take away everything in an instant- with the wrong press of any button, your money can fly away from your account. You need to be ready for losing money and this is where risk management plays a significant role. You need to learn how to manage your risk in every trade. In managing your own risk, you have to learn the importance of entry points and exit points. An entry point is one of the sexiest parts of forex trading- with the right entry point, your trades can instantly generate profits. The perfect entry point will give you the ability to turn your $100 to $1000.

#2 find the right broker

Finding the right broker is the primary key to success in forex trading. Various brokers offer a ton of good services such as high leverage and small spreads. There also brokers that offer a minimum of $10 every time you want to put a deposit on your account. However, certain brokers are a bit sketchy, so watch out for those. By finding that one of regulated forex brokers who’s perfect for your standards and needs, you have everything you need to start forex trading.

#3 find the right trading strategy

They say knowledge is power and this is all the more true in this scenario. In forex trading, finding the right strategy is similar to finding your best friend. With the right strategy and with the right execution of the strategy, your gains will be limitless. You should also bear in mind that every strategy works differently for each trader. A strategy that works for one may work differently for another trader. In looking for the perfect strategy that works for you, try to understand first the concept of the strategy. After understanding the concept of it, master the execution of the strategy. You need to treat forex trading as a profession and similar to every profession, it would take you a lot of time to master your craft. You need to be knowledgeable about how the market works and everything regarding forex trading before you enter the real thing. You’re not only investing your money, but you’re also investing a lot of time into it. If you want to be a successful forex trader, you need to be committed to the game that is forex trading.

#4 long-term trading

When it comes down to it, you’ll have the potential to gain so much more with long-term trading than you ever will with day trading. If you want to turn your $100 into $1000 with forex trading, you’ll have to have the patience for it. Long-term trading isn’t just trading for a few days, but this means holding your trades for a week- some even goes as far as a month. It may take persistence, strategy, and a lot of patience, but long-term trading will get you to the success you aspire for compared to day trading.

In conclusion, these are 4 things to take note of if you want to grow your $100 to $1000 with forex trading. It may seem simple and enticing, but forex trading is much more complex than you think. Avoid trading with emotions as that’s one of the fastest ways you’ll lose. If you want to keep gaining, it’s all about strategies, patience, and the other things mentioned above in this article. Despite this, forex trading is one of the most profitable ways to make an income.

How to turn $100 into $1000 in forex

How to turn $100 to $1000 or more trading forex

Turning $100 to $1000 or more trading forex

To be a successful trader, you need to understand how leverage works . It is very essential. You’ll be in for a disaster if you trade ignorantly with leverage.

Trading far beyond the amount of money you can comfortably risk can lead you to point of no return. Although, if the trade works to your favor, you can gain significantly.

You must always remember not to invest or open trades beyond your risk limit.

The amount of money you invest in forex must never be large enough that it will halt your life when things go wrong.

Your forex trading capital or investment must not interfere with your day to day’s financial responsibilities.

This is not a get rich quick strategy. We are simply making the argument that its POSSIBLE to turn $100 to $1000 or more trading forex. Its “possible” but not easy! And is always risky.

Leverage is like a double-edged sword. It can potentially boost your profits considerably.

It can also boost your risks and plunge you down into the abyss. When the trade moves in the negative direction, leverage will magnify your potential losses.

Trading with a leverage of 100:1, allows you to enter a trade for up to $10,000 for every $100 in your account.

Again another example, with a leverage of 100:1, you can trade up to $100,000 when you have the margin of $1,000 in your account.

That means with the leverage you can earn profits equivalent to having as much as $100,000 in your trading account.

On the other hand, it also means the leverage exposes you to a loss equivalent to having $100,000 in your trading account.

Possibility vs. Probability

In forex trading, theoretically, any pattern of gain or loss is almost possible.

If something is possible, doesn’t mean you need to implement it. That is why to always remain safe, you should be careful while trading with leverage.

In this article, we are going to illustrate how you can realistically turn 100 dollars into more than 1000 dollars trading forex long term.

How and why it is possible!

Almost all forex brokers provide traders with a minimum leverage of 50:1.

This gives traders the opportunity to trade forex with funds up to 50 times the funds in their account.

100:1 = 100 times the funds in your account

200:1 = 200 times the funds in your account and so on..

Trading forex this way is referred to as trading on margin.

The funds you have in your account is referred to as margin, while the amount you trade in excess of what you have in your trading account is borrowed from your broker.

SOME forex brokers do not ask for a minimum deposit. Thus, if you have just 100 dollars in your account, you’ll be able to trade up to 5,000 units (with 50:1 leverage applied), which is more than sufficient to start trading forex profitably.

If you implement leverage on the EUR/USD currency pair, for instance, trading with 5,000 units is equivalent to trading with 5,000 dollars and every pip is equal to 0.50 dollars or 50 cents.

Although this may look small, if you are making a profit of 100 pips, it would be equivalent to $50 profit or a 50 percent increase!

However, you must remember that trading forex on leverage can boost your potential gain or loss.

If you trade with a 50:1 leverage, a loss of 100 pips would eliminate 50 percent of your trading account and leave you with only $50.

This is why trading with high leverage is one of the main reasons most forex traders lose their money.

The second reason forex traders lose their money is that they day-trade forex. There are reasons why day trading is not a sustainable strategy and may not be the best choice, but that’s beyond the scope of this article.

How to turn $100 to $1000 or more

Now, returning back to the topic at hand, there are a lot of things you must do to be successful as a forex trader. The key ones among them are:

Trading with low leverage

Engaging in long-term trading.

We are going to use a low leverage of 15:1 to illustrate that you can turn $100 into $1000 or more by trading long term.

If you are trading with a leverage of 50:1, trading with 30 percent of the money in your account as margin would be similar to trading the whole money in your account with a leverage of 15:1.

Initiating trade with just $100 would make your initial trade size equal to:

100 dollar x 15 = 1,500 units when you trade with 100 percent of the fund you have at 15:1 leverage.

On the other hand, when you trade with 30% of your entire fund with the leverage of 50:1, your trade size would be equivalent to:

30 dollars x 50 = 1,500 units (30 percent of your funds at 50:1 leverage)

This means trading the entire 100 dollars with leverage of 1:15 amounts to the same trade volume as trading 30 percent of 100 dollars with the leverage of 50:1.

If you are wondering how you can trade 1,500 units with standard lot sizes, you may need to use brokers that make that possible like OANDA , easymarkets and XM .

If for instance, we make 10 pips daily, then our profit would average 200 pips monthly. At the end of each month, your total account size will be roughly $130.

$0.15 per pip x 200 pips = $30 profit

By standard, forex brokers incorporate your non attained profit when estimating accessible margin. Thus, after one month, you’ll have 30 dollars utilized margin, 70 dollars non utilized margin, and an extra 30 dollars in non attained profit.

To the broker, it will seem that you have 100 dollars margin available. That is 70 dollars non-utilized margin plus 30 dollars non attained profit, which implies that you can make extra trades in a pyramid manner.

If you only have 100 dollars to start trade without the leverage offer, then your subsequent trade volume would be very small because it implies you’ll be using only 30% of your no attained profit for a subsequent trade:

30 dollars x 0.3 = 9 dollars

9 dollars x 50 = 450 units

This would be the case if the only thing you have is 30 dollars in non attained profit. That means your subsequent trade size will merely be using 9 dollars as margin.

But with the leverage, you’ll have for your first trade 1,500 units which returned 200 pips gain and you just added extra trade of 450 units.

This may not appear significant, but it actually means, you are currently attaining roughly a 30 percent boost monthly. This can help you turn $100 to over $1000 and may help you get to one million dollars in three years!

Again, assuming you had $10,000 to trade, your first trade size would be equivalent to 150,000 units at the rate of $15 per pip.

Thus, your first month of profit would be roughly $3,000, and your subsequent trade size would be 45,000 units at the rate of $4.50 per pip.

How to start forex trading with $100 and turn it into $10,000

The thing I like most about forex trading is that you can start trading forex with as little as $100 and turn it into $10,000 or even more. In fact, you can open a free demo account and start trading with no money at all. So, how do traders increase their wealth by investing $100?

No forex trading experience: what should I do?

If you are new in the forex industry and you want to become a successful trader, but you unsure how, then you have come to the right place.

Luckily, if you have no previous trading experience, some platforms offer free demo accounts, and you should consider opening one before you begin trading. Moreover, most demo accounts require a $1 deposit or no deposit at all.

Can I gain trading experience without losing money?

By opening a demo account and placing orders there, you will gain trading experience without putting money into an account straight away and risking them. The easiest way for new forex traders to lose their money is,

The most significant advantage of demo accounts is that you still get access to the same markets and trading tools. This way, you will learn how to analyze the market correctly. Also, you will have more time to see how the market works, and there is no risk of losing your money.

Once you have more knowledge, you are more confident, and you understand how to place trades and how to manage risk, then you are ready to open a live trading account.

How do I choose a brokerage for my live trading account?

When it comes to finding the best brokerages, it is essential to do in-depth research. You have to see what each brokerage has to offer, what trading tools the brokerage has to offer, and, most of all, whether a significant oversight body regulates the brokerage.

Your goal is to find the most trusty brokerage before you open an online account.

Can I start trading with $100?

Yes, you can. Opening an online account with $100 is a good start if you want to see your money grow to $10,000. But to ensure your trading success, make sure you follow these steps before you place an order:

Learn as much as you can about trading

Understand the basics of FX terminology

Research, study and analyze the market

Learn more about the economy of the country

Learn how to calculate profits properly

Learn more about the major forex pairs, their nicknames

Learn how to read forex currency pair quotes

Create a trading strategy and follow it!

If you do follow the mentioned above steps, you will be one step closer to achieving your goal of turning $100 into $10,000. It won’t happen overnight, so you have to be patient.

Why starting with $100 is A smart choice?

The answer is easy: risk management reasons. Before you place an order, it would be smart to stick to risk management rules. Experienced traders don’t risk more than 1% of their accounts. And that’s how they don’t lose a lot of money.

So, if you begin with $100, then your risk should be $1. Some people might say that $1 won’t help you make money, but you always have to keep your interest!

Imagine what will happen if your risk is $100, and your investment choice was terrible. How will you be able to make $10,000 if you have $0 in your account?

Bottom line

Be patient, invest smart, and over time, your account will grow, and you will reach your goal of making $10,000 with $100.

If you invest more than $100, but you still use everything I shared with you in this article, your chances of achieving your goal sooner, will be higher. When it comes to trading forex, money makes money in this industry.

To learn more about each of the steps I mentioned above, or which are the three best brokerages in 2019, you should read this insightful article.

Turn $10 into $1000 in a day by forex trading

Jack francisco

Private

How many of you have the potential to turn $10 into $1000 in a day by forex trading?

Have it be possible for you and how did u do it?

Please answer any body! Best regards

Rahmansl

Major

To turn USD10 into USD1000 in a day. Easy. Just draw (in your best hand writing and imitation) two extra "zeros" at the end of that ten dollar bill

If anyone tells you he/she/it can turn usd10 into usd1000 trading the forex in a day, he/she/it is either lying through his/her/it's teeth or is extremely high on something.

Check out the demo competitions on various brokers' site and you will see some fantastic gains achieved by some competitors in the space of a week or so of trading. But none as spectacular as what you have asked.

P/S but that "ancient one" might have a court magician or two who could achieve that feat

Pharaoh

Colonel

It would be hypothetically possible - make a series of 7 super-high risk trades, each designed to nearly double your account. Lose on and one trade and you get wiped out.

Of course, it would be about as easy as flipping a coin 7 times and getting heads each time.

Reignman

Private, 1st class

Pay no attention to these other 2 jack, I do it every day.

Just write me a check for $999.99 and I'll show you my secret, ;-)

Jack francisco

Private

Pharaoh- have you ever taken the risk by trading 7 super - high risk trades.
Did you get the $1000? Tell me about your experience- you seem to be a good trader

It would be hypothetically possible - make a series of 7 super-high risk trades, each designed to nearly double your account. Lose on and one trade and you get wiped out.

Of course, it would be about as easy as flipping a coin 7 times and getting heads each time.

How to trade forex with $100 in just 5 minutes january, 2021

Posted by andy | last updated dec 23, 2020 | forex guides | 0

Forex is one of the most reliable and best online trading methods. There are numerous investors across the globe are working keenly with this platform to achieve a remarkable profit by the end of the day. However, the different strategy to focus on the profit is by getting into the proper systematic way.

The newcomers will face a complex task at the entry level of the authorized system. With effective training, you can yield an idea about the real-time analysis of trade’s future patterns and the reliable investing amount.

Hence, all together it will move on to the winning path. In this scenario, many investors afraid about the investment of huge amount for forex trading rather than with a low investment. Such cases, we do not inform that you will not face any risk factor by investing higher than a hundred dollars.

Forex trading

You can easily become a successful trader if you understand the leverage working process, which is most essential. If you ignore the leverage during the trading process then it will end in a disaster. If you are comfortable taking the risks by trading with a huge amount of money may lead to no return. You can also gain significantly if the trade favors on your part.

Your daily financial responsibilities should not interfere with your forex trading investment or capital.

You should not invest a huge amount for forex trading because it may even halt your life if anything goes wrong.

Please remember not to take any risk limit to open trades or invest beyond your level.

This is not to make a quick rich strategy. You need to know how simple by converting $100 into $1000 or more than your forex trading. It is always risky and also a possible step. Leverage is very similar and comparable like a double-edged sword, which helps your profit to boost potentially.

It can plunge your down and boost your risks into the abyss. Your potential losses will be magnified by the leverage if you trade into the negative direction.

The leverage of trading with 100:1 will allow you to trade with a maximum amount of $10,000 and can get every $100 credited to your account. If it is $100,000 trading then you can get $1,000 into your account. With the help of leverage, you can easily earn with a huge profit that is equivalent to $100,000 into your trading account. Even leverage may cause you a heavy loss to your trading account.

Reliable steps to trade forex with $100 january, 2021

Step 1: start to invest your money in XM trading

You can start the trading journey by investing a hundred dollars in xm market

To do this visit XM.Com and open an real account

Step 2: filling the personal details

Fill all the box with accurate details

Step 3: investor information & trading account details

Step 4: depositing $100 to trade

After opening your account you must confirm your email address and then login to XM account with your account username and password.

Click deposit button

Click any of the gateways you prefer. For this article i’m choosing credit/debit cards option

I’m choosing USD and 100 USD as the deposit amount. You choose which currency you prefer and finish the payment.

Hooray! Now you opened real forex trading account with just $100 easily. That’s all go and trade with your skills and make huge money.

Most important point after opening trading account with $100

Please find below the most important points on how to trade forex for a living and start with a trading account:

The margin calculation takes place

The most important battle in trading is the calculation between the two financial units like USD or euro. You should consider investing money in USD units. You need to explore by using euros to get the marginal values with final requirements. Please work on your marginal value and five micro lots to achieve the final value around $60.

Existing margin value calculation – you can place this only trading option to yield the best value with your margin calculation.

Find the equity – you need to analyze your current position and move on with its accordance. The total of two values will be equal to your equity.

Explore your free margin – the calculated equity can be obtained from reducing the existing marginal value with the amount of free marginal value.

Obtain the margin level – the future trading outcomes can be decided to depend upon the percentage of margin level.

You can easily follow the above-provided reliable steps on your forex trading account to yield a profitable change.

Battle procrastination:

The most important step within the forex trading and we all know that the successful traders within the market will never procrastinate. You can easily achieve the trading targets by properly seizing each and every opportunity you received.

Never postpone any tasks or priorities to tomorrow which has to be done by today. You can trade by using the demo account, which can easily assist you with the battling procrastination.

Keep practicing:

The famous quote “practice makes us perfect”, in a similar way, you can practice with the help of demo account to get hands-on experience. This could be much helpful to understand the forex trading platforms working process and get familiar to make use of its features. Learning forex trading will take a lot of passion, effort, and as well as time.

Recognition:

Please be self-aware within the forex marketing, you need to analyze the involved risk, and safety zones to achieve the maximum profit. You can trade accordingly by considering your analysis on object and goals. This is an essential step particularly for the beginners who prefer to start the forex trading.

Investment

The new trader should have started the forex trading with minimal capital and gradually increase the investment from their entire profit and not by any further deposits. The profit cannot be earned or not to invest as a fortune.

You can easily maximize the amount with successful trading. With a minimal investment, you can reduce the great losses risk when it comes to a large amount of money.

Single currency pair

Forex trading with the world of currency is much complex because of its members obstinacies, different characters, and unpredictability of markets. Within the financial world, it is not much easier to groom as a perfect trader. You can start with your familiar single currency pair. It is always better to choose the global wide or your country currency for trading.

Stay vigilant

Please don’t confuse with your emotions that your concern about the forex trading effects. You can easily maintain a logical and practical approach about your trading as it can give you greed, panic, or excitement feeling that can ruin your forex trading career. You can become a successful trader by following the predetermined trading strategy.

Keep a record

You can easily learn the importance of your mistakes. You should track all the records of your success and failures, as well as key mistakes, or any other positive steps that you had followed to reach your desired goal. You can make use of the charts and understand the key indicators by reviewing the losses and wins.

Possibility vs. Probability

Theoretically, with your forex trading account, it is very much possible with any pattern of loss or gain. If you are preferred to do anything that is possible, it doesn’t mean that you can easily implement the same. This could be the main reason, why you should remain safe and very careful during the forex trading with leverage.

Follow the above steps to start forex trading with $100 easily.

Is it possible to turn $100 to $1000 in 4 weeks ? (real account)

Alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
I still believe its possible to do, even in real account.
What do you say fellow trader? Anyone did in real account?

Well, if you play aggresive you can turn $100 to $1.000 in just 1 day,

But with a high risk of course.

Sure it's possible. I can show you how to do it guaranteed! One a live account as well! First, open up 128 cent accounts, and deposit $1.00 in each one.

Day 1: place a trade on the EUR/USD such that a nice 40 pip movement will double the account. Go long on 64 accounts, and short on 64 accounts. After a 40 pip movement, you will have 64 accounts that have doubled, and 64 accounts that have halved. Discard the 64 losing accounts.

Day 2: place another trade on the EUR/USD such that a nice 40 pip movement will double the account. Go long on 32 accounts, and short on 32 accounts. After a 40 pip movement, you will have 32 accounts that have doubled again, and 32 accounts that are back to the original size. Discard the 32 losing accounts.

At last, you will be sitting on a single account that has gone from $100 to $12,800. Now, you have an account you can show off to everyone to prove that you are the ultimate guru and that everyone should now buy your program! Or that you are the ultimate money manager and can play god with other peoples money. What did it cost you? Ideally, only the spread on the trades.

Note to the wise: if it's too good to be true, it probably is! If anyone could consistently turn $100 to $10,000 in 4 weeks. They would rule the world in just a few short years!

Alunix posted:
is it possible to turn $100 to $1000 in 4 weeks ? (real account)
so if any senior trader here want to show their account, meet few people and they always the same say, ITS IMPOSSIBLE
they said it would be different demo account and real account.
I still believe its possible to do, even in real account.
What do you say fellow trader? Anyone did in real account?

10 (realistic) ways on how to turn 100 dollars into 1000 in A day

You see, a lot of people leaving their stable jobs and investing their last $100 to an investment that they believe would lead to a better life. While it is a precarious decision, a lot of success stories from entrepreneurs are birthed from their courage to step out of their 9-5 job and be different.

Today, we are going to talk about ten effective ways that can turn your $100 to $1000 in a day. Sounds dreamy, right? But some ways allow you to reap $1000 out of your $100. All you need to do is get started. Here are the following ways to smartly invest your $100 and reach the peak you’ve always wanted.

Important things to consider to make this work

Be a blogger.

One way to invest your $100 smartly is to become a blogger. Content writers nowadays are making more money than an average company worker. You can work home-based and generate money from making quality content.

This is not an overnight success. You will invest your $100 into networking, building a good reputation, and enrolling in online writing courses to hone your skills. After that, you can start accepting clients and job orders of your preferred niche. You will get references from your clients if you’ve pleased them with your work.

Becoming a blogger also gives you the freedom to work at home, set up a good working environment, and work anytime you want. Over the months, you’ll start accepting job orders at a higher rate, as long as you maintain your good reputation and continue to provide quality content.

Enroll in online courses.

Another smart way to invest your $100 is to enroll in online classes. Instead of spending years trying to earn your master’s degree, develop the most relevant and vital skills to get you into the industry that you wanted. For instance, there are lots of courses that entail how to become an online entrepreneur, how to become a good writer, or how to become a digital marketing professional.

Whatever niche you chose, it is wise to invest your money into these useful and relevant courses. Not to mention that these courses are usually rated below $100. Choose your online course wisely. A reputable speaker or author should give the information that the course provides. You can further develop your skills by enrolling in online courses. It will also give you the confidence to accept larger projects from well-known brands.

Sell your service.

You can also invest your $100 into buying a domain, building a website, a logo, and business cards. From then on, start selling your services to people. Whether it’s wedding photography, dog training programs, loan programs, or plumbing services, the lists are endless! Try to start a small business and watch how your $100 will grow into $1000 per day or even more. The idea of starting a small business can be daunting, but rest assured that with determination and dedication, you’ll be able to expand it.

Offer a local cleaning service.

Try to look for a used lawnmower on ebay or any trusted online stores and buy one. After restoring the mower on its utmost condition, offer cleaning services to your neighbors. This is beneficial because a lot of people, especially busy professionals, don’t have enough time to clean their lawns. Offer local cleaning services to them.

Another idea is to buy you the last $100 into a leaf blower. You can offer to clear out your neighbor’s yards and clean the area nicely. Your neighbors will most likely hire you instead of calling expensive cleaning companies to do their yard. This side hustle will allow you to earn up to $1000 per day, especially if you’ve built a good reputation in the community.

Grow some plants.

Love plants? Then grow them! All you need to do is find a nice spot to plant, invest in seedlings, greenhouse, fertilizers, and gardening equipment. While you may wait for a season to pass to see the results, investing your $100 to planting plants and flowers that are large in demand is a good venture.

Not only that, you get to have a nice view of your house. You can relax while generating a profit.

Buy and sell.

Visit amazon or ebay and look for potential items that you think will be desirable to many people when repaired. If you love tinkering and fixing things, this is a good side gig for you. Buy and invest in things that are worth repairing and then sell them at your price. Make sure that the things you’re going to buy will be of use to your potential customers and would spark the interest of many.

There are lots of hidden treasures in online stores. Sometimes, all that’s left to do is polish these things and bring it to its most utmost glory before selling.

Rent your room using airbnb.

Another way of turning your $100 to $1000 a day is to rent your room on airbnb. Of course, you’d like your clients to enjoy their stay. Invest in home decorations or repairs to make the room presentable. It gives value to the room and allows you to rent it for a higher price. This is a lucrative side hustle, especially if you’re no longer using the room or living elsewhere. Instead of selling it, rent it down first and wait for the property’s increase in market value before you sell it.

Small businesses nowadays are looking for a social media manager. If you want a good side hustle, you can offer your services as their social media manager. But before that, invest your $100 into online courses that will teach you what social management is. This track of lessons is also integrated into most communication-related courses.

You can contact small businesses through their social media platforms, especially if they’re looking for a social media manager. Hootsuite and other social media management platforms are also a good investment. It allows you to manage the social media account properly and track your progress in the long run.

Become an online tutor.

All you need to do is to invest your money on a stable internet connection and a pair of outwear coat. Make yourself presentable and become an online tutor. Many children, especially from japan, korea, and china, are looking for a native english speaker as an online tutor. The rates are high, especially if you’ve garnered positive reviews from your students.

Not only that, tutoring is fun and requires little to no investment. The only thing you’re investing in here is your time and dedication to the kids who you’re going to teach every session.

Write an e-book.

If there’s something you’re exceptionally good at, it’s worth creating an online course. Invest in high-quality photos, videos, and consult experts for content. You may need to hire a photographer, a proofreader, or an editor to achieve a high-quality e-book. If you need help in marketing, there are lots of digital marketing assistants that you can hire to help you. Make sure that your topic is about something that you’re an expert of.

Sell your PDF on gumroad and market your e-book on social media platforms. You will not spend over a hundred dollars, but you can generate profits higher than $1000 a day if you do it properly.

Conclusion

There are many ways to invest your $100 and turn it into $1000 a day. Instead of lamenting how your current job is not enough to support your financial needs, get up from your couch, and do the first right thing.

Side hustles are a great source of income and assure you that you are financially secured when an emergency occurs. So, what are you waiting for? Start hustling now!

How to turn $1000 into A $million (part 2)

In the first part of this article which you can find here: how to turn $1000 into A $million in 30 months I showed you the power of compounding.

One cent per day doubled turns in to more than $10 million in 31 days!

The following example is based on taking $1000 to a $million from trading forex or any commodity for that matter.

In truth the stakes & winnings in the 1st few months would be so small that most of us would be bored rigid. But it is key to becoming a successful trader. Lets face it if you have $1000 in the bank at the moment you might be able to earn $15 interest for the year !

Here is an article I wrote a few years ago. It has been copied all over the internet but it was me “wot rote it” originally ��

How to turn $1000 into $2.6 million in 30 months with just 15 pips a day

What if we could successfully make just 15 pips/$15 a day in forex & reinvest the profits? The initial calculation is based on risking 5% on $1000. The next day you will be risking an amount based on $1015 and so on. Therefore as time goes on and you are hopefully winning, your stake increases slightly per pip and so do your winnings. Its important to adjust your risk on every trade based on your current account balance, especially if you are losing.

Most novice traders tend to still think of an account as being a $1000 one when there is say only $500 left in it. THAT is why so many blow up accounts.

Here is a link to a great free tool which will do the calculation for you in a matter of seconds: free forex currency calculator

*by day 8 our daily stake has increased to $1.10 per pip = $16.50. We are now gaining $1.10 per pip. By the end of the 1st month we would be looking at an account balance of approx

*by day 13 we are investing $1.20 per pip x 15 = $18

**month 2’s (20 trading days) stake will be $13.30 per month & so on. This is 33% return in 1 month. This is what attracts the big boys to forex. If you carry the sum forward, the 1st 6/8 months show steady rapid growth. Then compounding kicks in & the growth is phenomenal. If you can maintain 15 pips a day for just over 2 years your reward is multi millions.

Lets say we carry on with the chart, but only increase our stake at the end of the month which is the correct way to do this. Therefore month 2 our 15 pips a day x 1.33 x 20 (trading days a month) =

end month 2	$1729
end month 3	$2245
end month 4	$2918
end month 5	$3791
end month 6	$4928
end month 12	$23.784
end month 24	$554.093

End month 27 $1.217 million. Then it starts to get really scary .

Now I know that realistically we would reduce our stakes as the value of our account gets larger (personally I reduced my risk to 3% at $10.000 and then 2.5% at $50.000 BUT the important fact here is that mathematically this principal is correct. The only thing that screws this up is human emotion. Fear and greed after all rule forex. There you have it. Change your expectations. Be realistic. Concentrate on winning a little and often and big profits could be yours in just a few short years. How many other industries give you that opportunity?

I can not count the number of people who I have met who started to become successful only for impatience to spoil their dreams. Many folks fail at forex simply because they don’t put in enough time and effort before throwing say $1000 into an account and promptly losing most of it BUT there is another group who start to do well. Some become over- confident and fail but a bigger group in my experience start to take too big a risk (due to boredom), lose money and quit when in actual fact many of them were on a few feet from gold!

What do you think? We have all experienced compound interest working against us in the form of mortgages, loans and credit card bills, do you have any experience of compounding working for you? Please feel free to add your comments below

Turn $10 into $1000 in a day by forex trading

Arexa

Recruit

Woulter

Banned spammer for 4XP

Hoween43

Banned spammer for 4XP

Willforex

Corporal

Pharaoh

Colonel

10 into 1k in a day is hypothetically possible, but only if suicidal risks are taken.

If you can double your money with a 50% chance of success and a 50% chance of losing it all, your $10 could follow this path:

$10 start
$20 50% chance of success (1 in 2)
$40 25% chance of success (1 in 4)
$80 12.5% chance of success (1 in 8)
$160 6.15% chance of success (1 in 16)
$320 3.125% chance of success (1 in 32)
$640 1.5625% chance of success (1 in 64)
$1280 0.78124% chance of success (1 in 128)

So, if 128 traders keep splitting into 2 equal groups and taking a 50/50 chance of 100% gain or loss, 127 will fail and 1 will succeed.

Of course, the broker is grabbing spread, so doing this really means a slightly less than 50/50 chance each time. It would be simpler and easier to just get 127 of your friends together, each put $10 on the table, and then have a random drawing to see who walks away with the cash.

Lorio

Sergeant

10 into 1k in a day is hypothetically possible, but only if suicidal risks are taken.

If you can double your money with a 50% chance of success and a 50% chance of losing it all, your $10 could follow this path:

So, if 128 traders keep splitting into 2 equal groups and taking a 50/50 chance of 100% gain or loss, 127 will fail and 1 will succeed.

So, let's see, what we have: laila azzahra is a professional writer and blogger that loves to write about technology, business, entertainment, science, and health. At how to turn $100 into $1000 in forex