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Forex Money Management Plan

This document outlines a money management plan and auto calculator for trading with the goal of 50% profit ratio. It shows daily trades from August 4-8 with increasing balance and profit. The plan risks 1-2% of the account per trade depending on trade size, limits to 3 trades at a time, and has daily profit targets of 50 pips. The calculator projections increasing monthly profits and balances over the following 12 months from August 2023 to July 2024.

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zeeshanahmed3110
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228 views3 pages

Forex Money Management Plan

This document outlines a money management plan and auto calculator for trading with the goal of 50% profit ratio. It shows daily trades from August 4-8 with increasing balance and profit. The plan risks 1-2% of the account per trade depending on trade size, limits to 3 trades at a time, and has daily profit targets of 50 pips. The calculator projections increasing monthly profits and balances over the following 12 months from August 2023 to July 2024.

Uploaded by

zeeshanahmed3110
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Money Management Plan (Auto Calculator)

BALANCE 700 RISK REWARD RATIO 1:2 STRATEGY PROFIT RATIO 50


DATE LOT SIZE PROFIT LOSS Daily Profit
4/Aug/2023 0.01 $3 RISK ON EVERY TRADE < $5000 =
0.01 $6 RISK ON EVERY TRADE > $5000 =
$720 0.01 $6 $20 1ST WEEK PROFIT
5/Aug/2023 0.01 $3 2ND WEEK PROFIT
0.01 $6 3RD WEEK PROFIT
$740 0.01 $3 $20 4TH WEEK PROFIT
6/Aug/2023 0.01 $6
0.01 $6 TOTAL MONTHLY PROFIT
$760 0.01 $3 $20
7/Aug/2023 0.01 $3 Daily Target 50 pips only
0.01 $6
$780 0.01 $3 $20
8/Aug/2023 0.01 $6
0.01 $6
$800 0.01 $3 $20
TOTAL PRFOT IN 1 WEEK (APPROXMATELY) $100
culator) FUTURE CALCULATIONS
PROFIT RATIO 50% MONTH Monthly Profit MONTH END BALANCE LOT SIZE
Aug-23 $382 $1,082 0.05
EVERY TRADE < $5000 = 2.00% Sep-23 $2,067 $3,149 0.16
EVERY TRADE > $5000 = 1.50% Oct-23 $6,014 $9,162 0.46
T WEEK PROFIT $100 Nov-23 $17,500 $26,663 1.33
D WEEK PROFIT $97 Dec-23 $50,926 $77,589 3.88
D WEEK PROFIT $91 Jan-24 $148,195 $225,784 11.29
H WEEK PROFIT $94 Feb-24 $431,246 $657,030 32.85
Mar-24 $1,254,927 $1,911,957 95.60
L MONTHLY PROFIT $382 Apr-24 $3,651,838 $5,563,796 278.19
May-24 $10,626,850 $16,190,645 809.53
Daily Target 50 pips only Jun-24 $30,924,133 $47,114,778 2355.74
Jul-24 $89,989,226 $137,104,004 6855.20
Aug-24 $261,868,649 $398,972,653 `

Maximum 3 Trades at a time with Lot Size

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