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How To Turn $1K Into $1 Million in 12 Months Auto Trading With Forex Signals

When you trade with Forex signals, you take the tedious work out of Forex trading. You don’t have to do market analysis. Market analysis is performed by professional traders providing the signals. In fact, using Forex signals does not involve much learning how to trade Forex. You just need to know how to correctly enter signals on MT4. There are many good Forex signal providers now available in the market that allow you to copy their exact trades using trade copy software.

In this article, we are going to discuss how you can turn your small $1000 investment into $1 million auto trading with a Forex signal provider. Auto trading means using trade copy software which will automatically copy signals to your MT4 account without you even watching them. Of course, you must install commercial copier software correctly.

Now, one of the most important things in trading is money management. Two traders can earn the same number of pips but end up with different capital gains, all due to using different money management systems. The importance of a good money management system cannot be underestimated. So what we are going to do is find a signal provider that generates 1000 or more pips per month. Suppose you have found a signal service that generates at least 1000 pips per month consistently and after performing your tests on the demo account you are happy with the service.

We will be using the fixed fractional money management system. This means that when you start you will only trade with 1 mini lot and as your account doubles you will also double the number of mini lots you trade. So, you will start with 1 mini lot. 1000 pips when traded with a mini lot translates to $1 * 1000 = $1000. So making 1000 pips will double your account to $2000. Now you will trade with 2 mini lots. 1000 pips when traded with 2 mini lots will result in $2 * 1000 = $2000. So, once again, you have doubled your account balance to $4,000. That’s how it’s going to work. At each stage, when you double your account, you double the number of mini lots and if you make 1000 pips, it will always result in a doubling of your account balance. Your account balance progress will look like this;

$1000+$1*1000 = $2,000

$2000+$2*1000 = $4,000

$4000+$4*1000 = $8,000

$8,000 + $8 * 1,000 = $16,000

$16,000 + $16 * 1,000 = $32,000

$32,000 + $32 * 1,000 = $64,000

$64,000 + $64 * 1,000 = $128,000

$128,000 + $128 * 1,000 = $256,000

$256,000 + $256 * 1,000 = $512,000

$512,000 + $512 * 1,000 = $1,024,000

So, if you earn 1000 pips consistently every month, you will end up with a million dollars in your account after eight months. And if you make more than 1000 pips per month, you will reach your goal much sooner.

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