To be honest it is not even about howmuch you make per week or per pip or even how many pips you make perweek/month.I am NOT saying pips are irelevant but to determine a sucessfultrader the percentage of his/her account made per month/year is a more accuate measure. i.e if trader A starts of trading anddeposits 1500GBP and make 300GBP in the first month that is surely not enoughto live off but that is 20% which is extremely good. Where as if trader B startsof with £100,000 from savings and in that month make £5,000 which is 5%. Are you seriously telling me that trader B is better than Trader A as he/she made 16.7(roundedto 1dp) times the amount that trader A made in that month . As merlin clearly illustrated the power of compound profits as 20% a month maintained in 4 years would turn 1500 into £9,479,623 (rounded to nearest penny) where as 5% per month would turn £100,000 to £1,040,127(rounded to nearest penny) in 4 years . so tdion explain how percentage per month/year is a debatable measure of success
Which clearly shows that percentage of return per month/year is a much more accurate measure to determine if a trader is succesful than $ per points or per monthyear.
so tdion and other who said its not about percentage per month/year could you tell me whos a more successful in trading Trader A or B ?
Which clearly shows that percentage of return per month/year is a much more accurate measure to determine if a trader is succesful than $ per points or per monthyear.
so tdion and other who said its not about percentage per month/year could you tell me whos a more successful in trading Trader A or B ?