In FOREX, is 10% return per month good enough? | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

You think you are good enough to analyze what system is this?? 7 replies

What stats are important? What's good enough to trade? 2 replies

Starting trouble: How much deposit is good enough? 21 replies

Is bloomberg channel good enough? 13 replies

Attachments: In FOREX, is 10% return per month good enough?
Exit Attachments

In FOREX, is 10% return per month good enough?

  • #281
  • Jun 26, 2020 3:53am Jun 26, 2020 3:53am
Don't forget the power of compounding which skyrocket the income streams if you are a consistent, profitable and content trader.
  • #282
  • Sep 14, 2020 12:12pm Sep 14, 2020 12:12pm
It's not just good enough, it's almost unbelievable. But yet the trader I've been copying trades from for awhile now has been delivering month after month. Scalping too. I also know a few people in real life who make on average 1-3% on a daily basis. The thing is, most of these people would never come to a forum or a thread like this and tell you that you can do it too.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 43 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 56 KB
  • #283
  • Sep 14, 2020 10:34pm Sep 14, 2020 10:34pm
Any percentage would be good enough if you can do that consistently. Trading should be done with idle money. 10% per months means your capital would more than 3 times in a year. Very few business can achieve that target.
  • #284
  • Sep 15, 2020 12:06am Sep 15, 2020 12:06am
right now from any business sector , return 10% in a month is really a tough game , but in Forex trading it cant be a big deal if you have real trading strategies including most powerful analyzing money and risk management , otherwise of course it could be a tough game when trading in a real account.
  • #285
  • Sep 15, 2020 12:40am Sep 15, 2020 12:40am
Quoting MarkFxAnde
right now from any business sector , return 10% in a month is really a tough game , but in Forex trading it cant be a big deal if you have real trading strategies including most powerful analyzing money and risk management , otherwise of course it could be a tough game when trading in a real account.
Lets also say that risks are also higher in FX it's not a kind of assymetric opportunity compared with investments in live sector because risk is lower there (and hence lower returns). To make 10% in FX you have to prepare that you can lose money quickly with little understanding why markets beat you (no experience at all from the loss).
  • #286
  • Sep 15, 2020 12:55am Sep 15, 2020 12:55am
It is actually very good in forex
  • #287
  • Sep 17, 2020 12:51am Sep 17, 2020 12:51am
At the very least a couple % a month is reasonable.

Think of it like this, 1% of $5,000.00 is $50.

So getting a consistent $50 a week is a very reasonable thing. I average about $500 a month at least.
Love to talk on Discord: DividendGamer#1324
  • #288
  • Sep 17, 2020 1:25am Sep 17, 2020 1:25am
If you can ensure profit every month it will be great for you. So, yes from me to make consistent profit from this risky market
  • #289
  • Sep 24, 2020 12:14pm Sep 24, 2020 12:14pm
Making profit from every trade is quite tough.
  • #290
  • Sep 29, 2020 2:39am Sep 29, 2020 2:39am
Quoting akukaya
I have a friend who thinking that in forex market, since the risk is high, the return should be high too. any opinion guys whether return of consistent 10% per month is good enough in Forex with start account of USD100. Just would like to listen from experience traders here.
good enough? that is a matter of opinion. if you average 1% a week and compound and you don't withdraw but once a year that is a ROI of 67% pre -tax. Is that enough?

In fx you can not rely on steady income. Maybe quarterly, I would not count on monthly either. That is my opinion from my experience. Your looking for an average return , I get it, but it just does not work that way. Not in the long term. Each month can and will be different. You will lose and you will gain. Learn that now or pay for it later.

- Ric
Be humble or get humbled
  • #291
  • Sep 29, 2020 12:37pm Sep 29, 2020 12:37pm
This is a good takeaway from the greatest investor of all, Warren Buffett:

“If I had $10,000 to invest, I would focus on smaller companies because there would be a greater chance that something was overlooked in that arena. The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It’s a huge structural advantage not to have a lot of money. I think I could make you 50% a year on $1 million. No, I know I could. I guarantee that. But you can’t compound $100 million or $1 billion at anything remotely like that rate.”
Love to talk on Discord: DividendGamer#1324
  • #292
  • Oct 1, 2020 12:24am Oct 1, 2020 12:24am
Yes mate, it is definitely good. Profiting out every month is not that easy. Remember, aim for consistency.
  • #293
  • Oct 1, 2020 1:09am Oct 1, 2020 1:09am
consistency is the main challenge in Forex trading and real life. once or twice time profit is not a big deal , so make sure the consistence level.
  • #294
  • Apr 30, 2021 3:02am Apr 30, 2021 3:02am
I use a bot in trading that brings up to 3% per day. Which is a pretty good result for me. Taking into account that the risks are minimal.
  • #295
  • Edited 4:09am Apr 30, 2021 3:08am | Edited 4:09am
I've been watching your statistics change for a long time. Honestly, the changes are annoying. At first, you experienced a decline, but later the situation improved. Based on the statistics, I have to say that you have become better at this business. Personally, I use the forex trading platform because it is the most liquid and, most importantly, global. To date, making a profit from price movements is my primary income. To be honest, this is a precarious business, so I constantly monitor changes in the course. By the way, I would like to know about the latest statistics, if possible.
  • #296
  • Last Post: May 1, 2021 12:30pm May 1, 2021 12:30pm
Quoting HesterHector
I use a bot in trading that brings up to 3% per day. Which is a pretty good result for me. Taking into account that the risks are minimal.
per 3% return according to return is not bad i think , i can return maximum 5-8% but the main problem when making a loss then trade over and over , at the end of week lose majority of equity , its my imbalance trading habit. by the way , any minor percentage can be better if there is consistency. happy trading
0 traders viewing now