40% Per Month on Equity - share past experiences
1. The Safest Way To Trade is that You Must not risk more than 5% of your money for a single trade.
2. 40% Net profit per month is enough for long term plans, other wise aggressiveness kills.
3. Keep strict to your own ideas and plans along with calculations.
4. Beginners must trade in currencies only.
5. Keep calm and be disciplined if you want results for a year.
6. write down your goals and try to achieve them slowly.
Share your logic's too.
40%.. montly...you are a crack!
40% a month on FX is unrealistic unless you really leverage up.... but more often than not people blow up....
although ive seen people making a killing shorting the US Small Caps based on pure price action and the fundamental understanding that 80% of small caps newly listed will eventually collapse....
You just need to find a way to catch the small caps that are being pumped up for you to short along when the dumping begins.
40% monthly is not realistic. I achieve 100% in 1 month and I blow the account. My monthly target is 20%. If I get more, that is bonus. If i get less than 20% in a month, that's no problem.
Lets do some math.. start off with 5k and do 20% a month and in 60 months you have 234 million. If you are THAT confident then you'd find, borrow or steel 5K and trade it for 5 years without touching your profits cause at the end you would "know" you'd have 234 million waiting for you.
I can only make 10% profit per month.
but I'm happy with it.
this is true because most of hedgers have already achieved this.
and it's also important that all the conditions remain same..like law of motion...
i.e your emotion
your believe not to follow any one for more profits...
The only time I achieved over 20% of my account equity was me using a signal provider at the same time I would do my own trades and i achieved this % only when my account was around 2000$-5000$ and the percentage started to decrease.
EDIT: The signals provider are triunfofx, you have to use them with correct money management, im not ensuring anything i was stating my past experience with them which has been around 5 months.
Your math is pretty stupid. Have you ever trade on live account?
Go to your stupid excel tab and image yourself trading it from ,I don't know like from line number ,let's say 10 or 15.
Can you imagine post 10 or 50 or 100 lots position,what would be required to achieve those numbers?
Thanks god,I didn't know about it.
I making about 5% daily on my equity. I'm looking for about 3 trades in range 10-12 pips risking about 1.6-2% equity per trade. 3 trades on 5M TF monitoring 12 pairs. It's not that hard to find.
This week stats - 187 pips and 27% of equity.I took 33 trades. 3 of them were loss, 10 of them were stopped on break even between 1-8 pips.Rest of them winner 10-40 pips each.
Yes,it requires lot of screen time.but it's my job.This is what I do for living.I do not work for anybody else.
Just wash rinse and repeat.Is it easy?No.Is it doable?Of course.
I'm trading 4 digit account and I'm not excel millionaire dreamer.I'm sure,that psychology want let me do this on large account,so I'm not trying.
And for the record,I don't think it would be achievable on higher time frame wit my MM
I have personally done the same and achieved even better results.
My monthly target was a little more than 65%.
Like you, i did it in MS Excel.
Yet to find someone pulling it up on a live $ account.
I personally 5% per month but sustainable long-term, I find it extremely difficult. But, making a game like that is not difficult in a day
You are right.People always lying.You have to choose who'd you believe and who not.
and matter of trade explorer.I'm trading my main account thru my broker platform.where I do all charting and most trades,so I'm not sure if it be even possible.
But I wrote,what I doing.No magic,no holy grail,no secret indicators.Just hard work,day by day. Feel free to try it on demo. I don't mind sharing my knowledge and experience,just please don't ask me about proof. I've already proved what;s needed to be proven to people important to me.
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