Dislikedon a personal level, I wouldn't mind making 20 or 30% per year if I have like $1m in my trading account.Ignored
How much do you want to make and why do you want to make it 17 replies
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How much money can a seasoned semi-pro make with trading on Forex? 115 replies
Realistically how much can I make from forex as a student? 64 replies
ROE for 2007 aka How much did you make out of Forex this year? 1 reply
Dislikedon a personal level, I wouldn't mind making 20 or 30% per year if I have like $1m in my trading account.Ignored
DislikedI think it would depend heavily on your style of trading. If you traded middle term, taking several trades a month it would be ok. If you were to trade intraday on a daily basis taking scores of trades monthly, risking 1 or 2% of your capital each time you get it, spending your days trading and then end up with 30-20% yearly profit you wouldn't be that happy regardless of the hight of your capital. Remember that if you had 1 mil engaged in trading you would risk e.g. 10 000 or 20 000 bucks each time you open a position.Ignored
DislikedI was wondering because i here people talking about how many pips they brought in 15, 50, 165. I know what a pip is and it comes down to their levarage i.e. 50:1, 200:1 and lot size they trade standarad lot (Lot 1) e.t.c
Im trading with a demo account 50:1 leverage with standard lot 1 and I started with 3,000$
This most this has ever made me wat 392$ which was around 39.8 pips!
Would it be possible to make around 1200$ a week trading forex, taking only 40% of what you make a week for yourself, then putting 60% back into the account to grow...Ignored
DislikedHMM how long is a piece of string how good are you
Larry Williams turned $10K into $1mil in a 12 month period a lot of people know that its a documented fact what people do not realize at one stage the account was $2mil could you handle the drawdown??
You need a system with a proven edge great money management and neves of steel.
Only wish I could do it myself LOLIgnored
DislikedYou need a system with a proven edge great money management and neves of steel.Ignored
DislikedI guess it all comes down to how confident you are - there is absolutely no problem with using max leverage as long as you know what you are doing.
Keep it very simple and you should comfortably be able to 30-40% per week using set and forget trades once a day risking 5%.
Note, that 30-40% is only scalable to a certian point though, as soon as you start talking big numbers pysch steps in an creates all sorts of other problems.
Dont be discouraged and my best advice is to totally switch off to the naysayers....Success is possible,...Ignored
DislikedI have been said that some vouchers are needed. I don't know what is this and what I have to do to get them?Ignored