I started out in trading purely out of curiosity because I was interested in how financial markets work, and so I had no expectation of profit.
I realised early on that big profits are possible, but only if either
a)you’re prepared to take big risks (which are not compatible with good money management principles)
b) you already have a large account
Nowadays, having built, refined and thoroughly tested profitable strategies, I know what can consistently be achieved.
I would say that if you can consistently achieve just breaking even (and not making a loss) you are doing much better than the vast majority of traders.
As for profit, with between 3% and 5% profit per month you are doing very well. (This equates to between 36% and 60% annually)
I realised early on that big profits are possible, but only if either
a)you’re prepared to take big risks (which are not compatible with good money management principles)
b) you already have a large account
Nowadays, having built, refined and thoroughly tested profitable strategies, I know what can consistently be achieved.
I would say that if you can consistently achieve just breaking even (and not making a loss) you are doing much better than the vast majority of traders.
As for profit, with between 3% and 5% profit per month you are doing very well. (This equates to between 36% and 60% annually)
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