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Profit From Profit-Taking —Scalping the Session Close 21 replies
What do you think about 300-500% annual profit? 29 replies
Quoting HoudDislikedHi,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
We all know trading involves lose and gain.<o></o>
Do you think some one could have 1% profit in average?<o></o>
Example: - One could start with $ 10K and after year, he gain $ 45K and lost $ 10K so the net gain is $ 35K means 1% profit a day.<o></o>
Do you think this Example is artificial and impossible to get?
Really appreciating your opinion
ThanksIgnored
Quoting HoudDislikedThrough, my pervious threads and the advices I received from the forum members, Kind of refine my simple trading strategy to get 300% annually with a decent trading strategy
- I trade 300 days a year
- I get 75% wining trades and 25% losing trades
- I set Stop Lose Limits to 0.5% and Gain Stop Limit to 2%
Do you see the under line number are realistic?<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
Do you see by those numbers, I could go somewhere?
ThanksIgnored
Quoting HoudDislikedThrough, my pervious threads and the advices I received from the forum members, Kind of refine my simple trading strategy to get 300% annually with a decent trading strategy
- I trade 300 days a year
- I get 75% wining trades and 25% losing trades
- I set Stop Lose Limits to 0.5% and Gain Stop Limit to 2%
Do you see the under line number are realistic?<o></o>
Do you see by those numbers, I could go somewhere?
ThanksIgnored
Quoting sachinDisliked<?xml:namespace prefix = o /><o></o>[/color]All said abv is achevable. All one has to do is get a hold on 100pips/month or say ~3.33pips/day on an Average.
If this helps let me know.Ignored
Quoting Money TalksDislikedIMHO if 90% of traders loose money than 1% wasn't even possible for them. No matter which way you calculate it - daily/weekly/yearly.
Which means we have 10% that managed to make somewhere in the region of 0% to xxx%
So 90% of traders didn't manage to make 1% - - - >> Therefore is it possible?
>> Yes, but only for 10% of people. Think about it!!Ignored
Quoting miketollDislikedsome pros please answer my question on the last page
Thank you!
-mikeIgnored
Quoting miketollDislikedhoud,
i think 1% a day is achievable if there wouldnt be that stupid money management thing:
A little example:
You have 100$ and we assume you make 10 pips (which is really achievable) a day with a leverage of 1:50.
Ok here we go:
10 pips in eur/usd is approximately 0.0001$.
so, 10pips * 100$* 0.0001$ * 50= 5$ (5%)
Not bad? But this was without money management.
If we risk 2% of our account the calculation would look like this:
100$ * 50 (leverage) =5000$ * 0.02 (this is the risk) =100$ (This is the actually money we have to trade)
To sum up:
100$ * 10pips * 0.0001 = 0.1$ (0.1%)
So, you would need 100pips a day to get at least 1$,which would be 1 percent of your 100$.
And now the question to all the others:
How do you sometimes achieve more than one percent?
Dont you use moneymanagement (or do you just risk more thann 1%?) or do you have an incredible high leverage?
Greetings mikeIgnored