You aren't going to 3x your money in just one year, that's called gambling not trading. At most you're supposed to trade 2% of your account balance per trade. There's no way to 3x your account that way. Trading is about a slow climb of growing percentages. It's about utilizing the power of compound interest, not some magic secret strategy that will triple your capital in a single year.
You can try trading drugs for money if that is your goal lol.
Also you don't need to trade your own capital. Google "funded trader". There are various companies that you can pay a small fee to and you gain access to certain sized accounts based on the fee you pay. There are rules for trading these accounts though (e.g. your balance can't go below X amount, etc, research these rules, read carefully).
In some of them you keep 70% of the profit you make and they keep 30%.
So if you are a good trader but you don't have the capital, this is like a cheat code.
WARNING: If you fail to follow the rules and you can't meet their standards, you will lose your initial investment and the account will be closed. That's the gamble part of it.
Lets say you pay a fee of around $1000 and you get access to an account with the size of $200,000 in capital.
I would only do 1% balance trades at this point, so that would be $2000 per trade.
Lets say you do 30 trades in a month and 60% of them are winners.
2000x30 = 60000 ($2000 per trade with 30 trades for that month)
60% of 60000 = 36000 (60% of the trades were in profit)
70% of 36000 = 25200 (70% of the profit is what you keep, the company keeps 30%)
25200 - 1000 = 24200 (Subtract your initial investment ($1000) to gain access to the account)
This example does not take into account that you don't lose and win flat amounts. When you trade you're supposed to have a "Profit vs Loss" ratio so you profit more than you lose, so even if you lost 50% of your trades you'd still be in profit. I just spoke about it in flat amounts to simplify the example.
So you spent $1000 and made $24,200. If you could keep something like this up forever, you'd literally be a six figure earner.
Of course after you build up enough capital you'll no longer need to trade for that company and instead you'll trade your own capital, so you'll keep 100% of the profits, but you also take 100% of the risk too, so don't be a retard and blow your account by trading greedily.
I am not a pro trader but when I get good enough I plan on starting off using one of these companies.
. Only 8% of people who attempt day trading are able to make a living of it. If day trading was a guaranteed way to make money everybody would be doing it. Your better of just investing your money in bonds or a mutual fund or some shit
