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12 views6 pages

Gift

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mohaa.btc
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«How to make $100,000 in 2024»

by DovyFX
Let's assume your trading deposit is only $500

☑ At the very beginning you need to divide it:


1. $100 goes to your trading account
2. $400 remains untouched
The money you have deposited in your account
does not belong to you anymore, it's just phantom
money and beautiful numbers that you need for
training purposes.
Do not be afraid to lose it, because the first drained
deposit fundamentally changes your psychology in
trading and rather 100 dollars than 500 or even a few
thousand dollars

☑ Now our task is to find a trader, mentor or hedge


fund from who we can learn their trading strategy
from, this can be either free or for a fee
How do you find a mentor or learn someone else's
trading strategy?
- YouTube
- Buy or watch free plums on the internet
- Find a mentor and pay them for their work
Yes, this knowledge can be found both on
YouTube and other free sources, it is the same for
everyone.
Just make sure that the source is verified.
by DovyFX

☑ Here is a list of topics that everyone needs to learn, they


are the base within any trading system
- Trends
- Patterns
- Volumes
- Breakout/Bounce
If you study all these topics properly, you will be able to
understand the principles of the market with ease.
I recommend to pay special attention to this stage,
because it is much easier to develop a foundation from
scratch than to retrain later
Once we have mastered the basics, we can begin to put
what we have learned into practice

☑ The most simple practice for you will be the following


actions:
1. Select an asset
2. Analyze its movement
3. Find a similar movement of the same asset in the past
4. Find a breakdown of that movement from your mentor
to understand the form factors
5. Try to trade the movement

☑ The main thing you need to consider at the stage of


opening a trade is your R/R.
Risk - how much you can lose in 1 trade
Reward - how much you can earn on a certain set-up
by DovyFX
For beginners I advise to always keep R/R 1 to 3.5.
It is best if your risk does not exceed 0.25% of the deposit
at the very beginning, and profit 0.75%, you will understand
why it is necessary a little later

☑ Statistically, after 100 trades like this, only 30 of them will


be positive.
This means that you will have 97.5$ left over from 100
dollars.

☑ Thus, after your first 100 trades you will have an initial
understanding of the market, now your task is to calibrate
by using more experienced traders as the benchmark and
start building your own trading system

☑ The easiest way to calibrate based on other traders is to


analyze their signals. For example, for the last 3 years my
signals are closed in + 85 cases out of 100.

☑ Suppose you started receiving signals from me but my


trading system will be different from yours, the main
advantages you will experience are as follows:
- Calibration of criteria for entering a trade
- Deposit multiplication already at the stage of formation
of the trading system

☑ Suppose you choose a trading system based on


patterns.
After 100 trades on my signals (85% plus) with the R/R
we discussed earlier and an initial deposit of 97.5$
You will have made $63.75 in profit without reinvesting.
And your deposit will be $161.25.
by DovyFX

☑ But most importantly, you will be able to refine your


trading system, for example, add volume indicators to the
entry criteria and start trading not only patterns, but also
the connection with volumes.

☑ Now you can afford to split your deposit into 2 parts.


100 dollars to trade on my signals, and 61 dollars to trade
and test your own trading system.

☑ So if we calculate based on 50 trades based on my


signals and 50 trades on your own trading system, even
taking into account that you will improve it by 30% and
now you will have 4 profitable trades instead of 3 out of 10,
then for 50 trades you will make.

☑ On my signals from a deposit of 100 dollars you will


make $30.
On my own trading system 7.5% or $4.5. It doesn't seem
like much, but the magic of my method begins next.

☑ Once we have the first empirical confirmation that our


trading system works we can start scaling up
The easiest scaling in trading is not the number of
trades or raw profits per trade. No, this type of profit is
based on luck, not a predictable result.
The easiest and fastest scaling in trading lies through
equity.
by DovyFX

☑ I remind you that after 250 trades we have:


- Our own trading system and the first proof of concept
- $195.5 on our trading account.
- $400 that we haven't distributed anywhere

☑ 250 trades can take you as little as 30 days or as much


as 100 depending on the timeframe you are trading on.
Making 250 trades will technically take as long as it takes
you to watch 10 episodes of a TV series.

☑ At this point, we can start to scale through funding.


☑ For those who do not know there are companies that
give you the opportunity to pass a trading exam on a
demo account and if you pass it, showing certain % profit,
they will give you trading capital from $5,000 to $200,000
to manage.

☑ You buy the exam for $200 to get a funding of $25,000.


During the exam, you are allowed:
You are allowed to lose a maximum of 4% for the day.
7% for the duration of the test period.

☑ But from the very beginning we built our trading


system with adaptation for trading with funded accounts.
You can lose a maximum of 0.25% per trade. To fail the
exam you need 28 of your trades to be in the negative,
which is impossible.
by DovyFX

☑ Since you can use my signals to pass the exam.


To pass the exam (12% profit). It will take you 20 trades.

☑️ Now you have a funding of $25,000.


Your goal is to fix this deposit and not to lose the first
account, so the most reliable strategy will be to trade on
my signals for your first time.

☑ You will have made 12% or $3,000 (your $2,700) from


$25,000 after 20 signals. At this point you can withdraw
$2,000 and keep $700 in case of a black streak.

☑ With that $700, you'll be able to afford to buy a


$100,000 account challenge

In total, you will have:


- A trading system
- 2 accounts with funding of $25,000 and $100,000

And at this stage you will be able to be selective, you will


have $125,000 of capital.
Even if you trade on your own trading system where 4/10
trades are profitable and you only enter 10 trades per
month you will make 6% or $7,500 per month or $90,000
per annum.

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