How to transform your $100 into $12,800 over the next 7 years
I aim to transform $100 into $12,800 over the next 7 years. Though it may seem ambitious, I’ve meticulously calculated the figures and have strong confidence in achieving this goal. I started this account in January 2024. Here’s the simple plan breakdown:
### Plan Breakdown ###
**Goal for March to December 2024:**
Turn $100 into $200 by making an average profit of $11.11 each month.
**Goal for January to December 2025:**
Turn $200 into $400 by securing an average profit of $16.66 each month.
**Goal for January to December 2026:**
Turn $400 into $800 by securing an average profit of $33.33 each month.
**Goal for January to December 2027:**
Turn $800 into $1600 by securing an average profit of $66.66 each month.
**Goal for January to December 2028:**
Turn $1600 into $3200 by securing an average profit of $133.33 each month.
**Goal for January to December 2029:**
Turn $3200 into $6400 by securing an average profit of $266.66 each month.
**Goal for January to December 2030:**
Turn $6400 into $12800 by securing an average profit of $533.33 each month.
### Risk Management ###
I am one of the most insignificant people in this giant trading world, and certainly, my good decisions will reward me, while my bad decisions will punish me. There will be some good days and some bad days. Every time I have a good day, I will know when to say “enough,” avoid overtrading, take a break, and enjoy life offline. During my bad or worst days, I will stop trading, open my Excel sheet, and keep reading the numbers to calm myself down and convince myself that there will be better days ahead. All I have to do is keep going.
I will surround myself with positive people to ensure I always get positive vibes. Multiple bad trades in a row might make me feel down; in that case, I will do nothing but keep myself busy with gardening instead of going against the trend. I will always avoid opening multiple currency pair positions at the same time and avoid major news trading events. I will stick to the playbook I designed, which uses a compounding strategy.