Hi, everyone. I want to say thanks in advance for anyone who takes the time to answer this. My question is this: How do I figure out how much money I need to have in order to make a certain amount. Here is what I mean:
I want to be able to make $100 a day as my first goal, $250 a day as my second goal, and $500 a day as my last goal.
I wanted to do be able to do this on:
50 pips a day
50:1 leverage
How do I go about calculating those numbers? Is any more information needed?
Thanks again.