The best way to remodel your $100 into $12,800 over the following 7 years
I goal to remodel $100 into $12,800 over the following 7 years. Although it could appear formidable, I’ve meticulously calculated the figures and have sturdy confidence in attaining this aim. I began this account in January 2024. Here is the straightforward plan breakdown:
### Plan Breakdown ###
**Aim for March to December 2024:**
Flip $100 into $200 by making a mean revenue of $11.11 every month.
**Aim for January to December 2025:**
Flip $200 into $400 by securing a mean revenue of $16.66 every month.
**Aim for January to December 2026:**
Flip $400 into $800 by securing a mean revenue of $33.33 every month.
**Aim for January to December 2027:**
Flip $800 into $1600 by securing a mean revenue of $66.66 every month.
**Aim for January to December 2028:**
Flip $1600 into $3200 by securing a mean revenue of $133.33 every month.
**Aim for January to December 2029:**
Flip $3200 into $6400 by securing a mean revenue of $266.66 every month.
**Aim for January to December 2030:**
Flip $6400 into $12800 by securing a mean revenue of $533.33 every month.
### Threat Administration ###
I’m some of the insignificant folks on this big buying and selling world, and positively, my good selections will reward me, whereas my dangerous selections will punish me. There will likely be some good days and a few dangerous days. Each time I’ve day, I’ll know when to say “sufficient,” keep away from overtrading, take a break, and luxuriate in life offline. Throughout my dangerous or worst days, I’ll cease buying and selling, open my Excel sheet, and maintain studying the numbers to calm myself down and persuade myself that there will likely be higher days forward. All I’ve to do is maintain going.
I’ll encompass myself with optimistic folks to make sure I all the time get optimistic vibes. A number of dangerous trades in a row may make me really feel down; in that case, I’ll do nothing however maintain myself busy with gardening as an alternative of going towards the pattern. I’ll all the time keep away from opening a number of foreign money pair positions on the identical time and keep away from main information buying and selling occasions. I’ll follow the playbook I designed, which makes use of a compounding technique.
