How I Am Turning $500 To $100,000 In JUST 6 Months Trading FOREX ( Step By Step Forex Challenge)

How I Am Turning $500 To $100,000 In JUST 6 Months Trading FOREX ( Step By Step Forex Challenge)

In this video, I'm documenting the incredible transformation of my $500 initial investment into an impressive $100,000 in the upcoming six months.

I'm specifically sharing with you how exactly I'll do it. The accounts I'll be purchasing, profit percentages I'll be using for the different account types I'll be trading on etc. All the specifics needed for you to fully grasp how I'll make this reality.

Though, there's no doubt. While turning this $500 to $100,000, I'll have to be quite aggressive with the trades. Playing it slow and the safest way possible isn't gonna get me to $100,000 in the span of 6 months.

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In this video, I'll walk you through the step-by-step process of the $500 to $100,000 Forex challenge. Going through everything very specifically, and documenting my journey from start to finish over the next six months.

How it'll work is this:

Each and every month over the next six will have a very specific goal.

Starting from the $500 which will be going towards a $100,000 forex trading prop firm account.

Getting the first $100,000 evaluation will take me the first 1 - 2 months, after that I'll be able to earn on this account.

Though, here's the spice. My risk management strategy is completely different while trading evaluation accounts and funded accounts.

On evaluation accounts I'll be taking 2% risk, and while trading funded accounts I'll be taking 0.5% risk.

With that said, I try to make a bit of profits to buy more prop firm accounts, and get more funding.

By the end of the six months, I plan to have over 7 figures in funding, while hitting the $100,000 mark regarding profit.

[Mikepa]

I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us,
I now earn every week. You’re such a blessing to this generation, we all love you

[BryanWilliams-jign]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart

[Cheslynsamuelkolbe]

This is actually mind blowing. I haven't even thought of something like this. It's all makes sense. You obviously have to have strong psychology and accept that all challenges won't be passed. Trusting the process and keeping your eyes on the end goal has to be the focal point. Losing an account in-between is all gonna be part of the journey. Ethan thank you sooo much for this you just opened my mind to something I've never thought of.

[MYFOREXSCREEN]

This journey will be worth it .
My exams will end 6th of Jan 2024, than my Practical exams will end in end of February.
So hopefully I'll start my own journey from March 🙏🏼
My Goal will be First getting 500$ a month for 6 consistent month, i know it's not a big goal for someone. But for me it'll vey very good Start.😊

Let's get this sir and prove everyone wrong 💪

[asielempreendimentos]

Your YouTube channel changed my perception of the market. You changed from loser to winner... I am very grateful for this initiative... I believe in your sincerity...

[jaredbotha]

I used to think prop firms were a scam until I found your channel. It helps to see somebody from home making it big in this industry. Big ups Ethan, you're the man 😤🇿🇦

[cornearares]

Another great content video !!!! like all of them! I honestly get value from every single one of them ! THX GAR !!!! keep it going !🥳🥳🥳🥳

[seanvangraan]

Totally think u can do it Ethan, will be with u on this journey, baie dankie for your channel and for bringing forex closer to home

[dennisvictors]

One thing I have take away fro watching u, is constancy had work and transparency, thanks the guru of forex, have that big heart to give every of ur had work for free, that really shows u are 100% helping us, more wisdom to you big brother

[mattmeehan]

This video is so real! It’s not something anyone can do but I am sure with your knowledge you can do it! I hope all goes well and I am looking forward to hearing an update from you in the future! Love the confidence you have in your ability and the plan you have laid out for yourself! Backing you all the way!

[mengmanyuen]

I think that although this was well put, it is not for me. Considering a short-term-minded, middle-income young person with a constant need for cash, are they still recommended? I am new to all this and have incurred so many losses that I am beginning to think that I am not doing what is good for me but what is good for others.

[GeorgeT]

good luck mate, just don't rush it! There will be set backs and lost challenges maybe, but keep up with the plan.

[DarkSbiksla]

The most helplful and genuine trader on Youtube. I love you man! greetings from Morocco <3

[sercomash]

Go for it you can do it - My thoughts exactly! I will be following closely!

[semenovamg]

Thank you. Subscribed to your channel, it's interesting to watch and maybe learn from your experience. Good luck!

[ianesha]

Wow very interesting, the fact that you have a plan laid out is important and shows a lot of us that’s important to go by a guideline when trading and a plan to stick by.. excited to see the results 🎉

[lifebullmans]

One hell of a challenge, hope you'll make it.
It will be interesting to see how you manage so many accounts.

[vinthiravahu]

I like your confidence astonishing.can't wait to see it.I wish you a best of luck.

[urban.ntsakei]

Risk to reward is one of the lessons this video taught that slow and steady wins the race that the steps to profitable can't be made in one trade. Expansion is great because he mentioned having to open other prop ferm accounts aswell that's self growth. But an amazing video nun the less teacher's alot but risk to reward and goal setting

[JaghanS]

Love this! Got my brain thinking just like your other video turning $139 to 1 Mil. Gonna follow your journey!!