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Lots of factor to consider but yes, it is definitely possible. The higher the risk, the greater the rewards. However, I would rather focus on getting to learn more, as forex trading for me is a marathon not a sprint. The longer you are in the game, the better.
I think it would be better to think of having a % growth in mind instead of pips. It removes bias and emotions in your trading. Also, changing your mindset to % growth (example, 0.5% a day) make it a little less daunting and reckless (because you do not run after pips). This of course should be...