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20% per month. Is this possible?

  • #401
  • Oct 9, 2019 2:44pm Oct 9, 2019 2:44pm
In my honest opinion you would be far better off on the stock exchange, trading call or put options rather than shares and even there 20% return is highly improbable.

20% return in a month means that somewhere, some currency and it's associated country has gone on a very slippery road down or up, either way this translates to an either inflated or deflated economy.
  • #402
  • Oct 10, 2019 4:44pm Oct 10, 2019 4:44pm
Quoting 7Shun
You can earn 20% in a month or in a few months, that’s not hard especially if you use dangerous strategies like martingale or trading without stoploss. But earning 20% PER month, month after month I don’t think so. If you could earn 20% a month you could turn 100$ into 891$ in a year, and to 7938$ in two years, and to 70,734$ in three years, and to 630,247$ in four years, and to 5,615,501$ in five year! So in five years you turned a small 100$ account to 5 million and now you’re a millionaire. I don’t wanna keep going for a few more years because...
And now imagine if you'd started with 1000,-,It's not that hard to put together.
Why there are always those excel spreadsheet compounding gurus.My friend have you ever seen actually such spreadsheet?
We can you imagine yourself to put 100 lot per trade to make your millions?
We are small retail forex trader,we cannot trade and think like big hedge funds traders,We do not trade with millions.
You sure can go month after month to work and work for somebody else or do your 20% monthly.
Whether you think you can, or you think you can't,you're right. H.F.
  • #403
  • Oct 10, 2019 5:43pm Oct 10, 2019 5:43pm
Quoting Xenaga03
... so it is learnable.
Yes, it is learnable. But cost of tuition can be high. Can take years. Ten thousand hours for mastery?

Just my opinions. Good luck to all.
  • #404
  • Oct 31, 2019 1:47am Oct 31, 2019 1:47am
Quoting il3ana
In my honest opinion you would be far better off on the stock exchange, trading call or put options rather than shares and even there 20% return is highly improbable. 20% return in a month means that somewhere, some currency and it's associated country has gone on a very slippery road down or up, either way this translates to an either inflated or deflated economy.
True; besides we traders need to follow the outcome. Selecting any target (randomly) isn’t the good choice.
  • #405
  • Oct 31, 2019 6:11am Oct 31, 2019 6:11am
I think there are times when a 20% return is possible in a month, but there are times when it is not possible.
I don't think it is appropriate to seek a 20% return per month as a target.
As a result of trading for one year, the average monthly return may be 20%.
Ninja trader Return This Year: na
  • #406
  • Oct 31, 2019 9:59am Oct 31, 2019 9:59am
Quoting Yuya
I think there are times when a 20% return is possible in a month, but there are times when it is not possible. I don't think it is appropriate to seek a 20% return per month as a target. As a result of trading for one year, the average monthly return may be 20%.
You got the point; seeking any fixed amount of money is not the proper way, since we can’t move the market individually.
  • #407
  • Oct 30, 2020 2:17pm Oct 30, 2020 2:17pm
Quoting ZikriIrfan
{quote} You got the point; seeking any fixed amount of money is not the proper way, since we can’t move the market individually.

I think goal is important in trading. But do not force your natural trading decision based on your target.
  • #408
  • Oct 30, 2020 10:22pm Oct 30, 2020 10:22pm
A month?
20% a month?

Then you'd be the best trader on planet earth.

20% a year would be better I think.
Around 10-20% a year is an achievable goal.

Why on earth people think they could be rich in Forex Trading quickly. Don't they understand what does Leverage mean?

The profit made from using high Leverage is an illusion.
  • #409
  • Oct 31, 2020 3:22am Oct 31, 2020 3:22am
Quoting bayfresh
A month? 20% a month? Then you'd be the best trader on planet earth. 20% a year would be better I think. Around 10-20% a year is an achievable goal. Why on earth people think they could be rich in Forex Trading quickly. Don't they understand what does Leverage mean? The profit made from using high Leverage is an illusion.
We all need dreams...

Inserted Video
I will tear the world apart for you.
  • #410
  • Oct 31, 2020 9:53am Oct 31, 2020 9:53am
I would very much like to meet a trader who makes that kind of profit per month. Meet them online, that is, in these days I'd rather we do not meet in person, haha.
  • #411
  • Oct 31, 2020 10:06am Oct 31, 2020 10:06am
Quoting mlawson71
I would very much like to meet a trader who makes that kind of profit per month. Meet them online, that is, in these days I'd rather we do not meet in person, haha.
And then what would you do in that online session?
I will tear the world apart for you.
  • #412
  • Nov 2, 2020 5:03am Nov 2, 2020 5:03am
I am not sure. Because it is very tough to make a fixed amount of profit every month from this risky and volatile market.
  • #413
  • Nov 2, 2020 5:06am Nov 2, 2020 5:06am
Quoting OwenBavin
I am not sure. Because it is very tough to make a fixed amount of profit every month from this risky and volatile market.
Are the Forex pairs risky and volatile?
Or does the ability to use Leverage make it Risky and Volatile?
  • #414
  • Nov 2, 2020 6:45pm Nov 2, 2020 6:45pm
Quoting mlawson71
I would very much like to meet a trader who makes that kind of profit per month. Meet them online, that is, in these days I'd rather we do not meet in person, haha.
Always up to chat on discord.
Love to talk on Discord: DividendGamer#1324
  • #415
  • Nov 4, 2020 9:08am Nov 4, 2020 9:08am
Quoting OwenBavin
I am not sure. Because it is very tough to make a fixed amount of profit every month from this risky and volatile market.
Most people have a target, but pursuing that target at any cost can be counter-productive.
  • #416
  • Nov 5, 2020 1:10am Nov 5, 2020 1:10am
It is important that 20% of this profit is stable. if it is stable then you are superman. kaka
  • #417
  • Nov 5, 2020 5:33am Nov 5, 2020 5:33am
actually right now its very difficult to make sure 20% return according to trading balance due to US election. but whatever it is we the traders always try to bring profit minimum 5-10%.
  • #418
  • Nov 6, 2020 9:09am Nov 6, 2020 9:09am
In my opinion 20% returns are hard to achieve even without an election and a protracted count of the election taking place.
  • #419
  • Nov 7, 2020 12:02am Nov 7, 2020 12:02am
I agree, 20% is a slightly unrealistic target with/without a global event affecting financial markets.
  • #420
  • Nov 12, 2020 9:04am Nov 12, 2020 9:04am
Yes. If you have proper plan, you can make that profit...
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