1% to 3% Per Day? All things are Possible

Regardless of what anyone says the risk you are able to endure safely in a market that constantly changes is more important than even the profit you are aiming to capture, even professionals are wrong at times. Amateurs always think they are right. So either you extract the sense out of this website or you stick with losing your accounts in a spiral. Some take a course with legit reviews and results while some use a mentor=someone who is already at the place you want to be.

Even the trading platform and trading account can determine the experience you have in trading.
Mt 4 or 5, ctrader, mobile, tradestation, trading station, stocks, forex, commodities, options, binary options, whether its virtual or physical goods being traded. Whether you think of it as a hobby, gambling, a 9 to 5, income replacement, being bored. Whatever the situation or choice people win and lose everyday. Some consistently lose, some breakeven and some consistently win.

Never underestimate journaling the process, saving before, during and after each entry and exit. It helps to make you better in every way. Losing and failing should teach you more than winning and success.

from 10-20% /day is my target.
day in / day out.

If you can do it, do it... consistency is the most important factor. What's the risk like to capture something like this?

that might be possible. but must know the calculation of Risk and reward ratios.
There are times when many people consider themselves good in their short term proven strategy. Often people talk, the consequences usually happen after happiness.

how can i download multi trader please help me out

Search for it on mt4 at the bottom where you have trader, history, journal etc look for codebase, just select expert advisor alone, deselect indicators and scripts and adjust the experts by name and scroll to the M letter section and you should find it or go to their website or Google.

@PrinceJ58

Did you already found the consistent way of achieving these 1% to 3% per day?

It is possible but also can be risky, I prefer less stress while trading. The reality is that almost any consistent method or approach can make money it just takes:

 

1. proper analysis
2. Money Management
3. Entry and exit rules whether the trade is profitable or not.
4. journaling
5. setting out the rules along with the strengths and weaknesses.
6. Mt5 can help in quick and real life backtest.
7. Also adding an option for reverse conditions can help the analyse in a different way too.
8. Knowing the statistics of the methods performance really helps.
9. Knowing the best risk to reward is very important especially for your system.
10. What percentage win rate is safe for your R:R to function at its best.

There is alot more I can say but I hope you get the idea. Most persons who are successful are quiet. I understand why... Every day you should learn something new, if not you are wasting each day that passes. Always journal and try to ensure your method is being used in the best way possible.

 

1. If your method has discretionary factors in it, ok I will enter now, no I don't like this one. That's manual and maybe affected by emotions, feelings etc.
2. Non discretionary: Condition met, buy or sell, regardless of anything else. Feelings have no say here. This non discretionary method is easier to backtest and tweak versus the discretionary version which has human based factors and we are prone to making errors.

1-3% per day? If you trade without losses every day at 1-3%, then if you count all this with the reinvestment of the deposit. It turns out to be a very terrible amount.

More likely on a weekly level, but it's possible, but not probable.

Interesting topic, I have read the result for target 0.5% is more preferable, although I still vote for 2%, after reading the polling result maybe can be used to evaluate my risk in my FXOpen account.

Look we give reviews either by:

1. our own experience or
2. limitations or
3. based on what we observed
4. or do.

Trust me there are some strategies and MMs which really allow persons to achieve this in reality, that is all I can say.

Aways remember that everything depends on:

1. account size,
2. Account leverage
3. type of strategies being used- whether it's scalping, day trading or swing, positional
4. Its win-rate,
5. Risk to reward ratio
6. It's average max drawdown
7. The rules governing management of the funds
8. Trade execution frequency based on strategy employed
9. Etc... Market volatility

Sometimes it's our methods, whether we thinking like a pro or amateur.
Whether it's $100 or $1,000,000 for example, would all be affected by different factors, Leverage, risk allowed, Forex , stocks, commodities, cryptos, options, type of platform, mt4, mt5, trading station, trade station, all parameters play a part.
1% on $100 versus 1% on $1,000,000 at some point the 1% on 1 mil is good versus 1% on $100.

No one is wrong or right, everything depends on the table you sit at, the experience you have or what matters most to you but never judge another person's reality versus yours.

everything is possible, just trust yourself