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What percentage profit per day IS possible? 56 replies

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

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R:R "Percentage Focus"
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders.

If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
If you want to make a lot of money, go to where money is in abundance.
Quoting ShadowdanceR
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders. If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
Not everyone is willing to share, oftentimes it turns out to be a business solution.
On this platform Hayseed does it, the late Nikos Mermigas on YouTube does it....the academy is still going...to this day.

It's not ecouraging to post these things sometimes when you make it public they say you are lying.... Displaying all the signs of disbelief and even when you're honest and show a video or pictures they say it's edited doctored. So why waste time.
R:R "Percentage Focus"
Quoting ShadowdanceR
This is an interesting discussion. I think it's the hope of everyone to be able to make consistent daily profit, especially the aspiring traders. If there is a pointer on which thread proving this concept, I'd appreciate it if you can put up the link. Seeing it done is a whole different dimension than simply discussing it.
https://www.forexfactory.com/thread/...ay-supertrap12
I honestly believe 2-3% per trading session is easily attainable although it takes lot of dedication, focus, self-discipline and patience.

Here's the screenshot of my new strategy i am testing right now and i have achieved over 3% gain in 3 trading session with (Less than 4% drawdown). Profits could have been more than doubled but focus was on preservation of the capital vs the profits.

It still have lot of room for improvement; for instance all the trades were market-execution trades. I think if i also implement the limit orders into my current trading plan; i could easily add 30-50% additional gains.

Still learning and improving...
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Stay Positive
Quoting 8tango
If you want to win money without many risk, it's not very difficult: use a Latency Arbitrage software, buy a broker company and trade on your own broker. All brokers have plugins to detect this strategy of trading and when they detect it, they modify the condition of your trading account (by adding slippage for example) and you loose, loose and loose money. If you trade on your own broker company, you don't have this problem and you win, win and win money. With this trading strategy you can get very large monthly gains, like the ones I made on one...
That's really quite impressive my friend.

I'm pretty sure there must be another way (Without buying a broker)
Stay Positive
Quoting forexjoy
{quote} That's really quite impressive my friend. I'm pretty sure there must be another way (Without buying a broker)
Which another way do you offer?
Guppy re-invented All Time Return: 17.8%
Quoting PrinceJ58
{quote} Been a while i have checked in... Been busy at it... This looks good man, thanks for checking in and making this post because alot of persons think its impossible if they cannot do it themselves.
Absolutely. We must just all find what works for us before we blow up. Things go up and down every day. Every day we have a 50/50 chance to get it right. Manage the risk, stay calm and focused, and everything will be smooth over time
Emotional Control. Process, not outcome.
Yea, it's not impossible. Hard to do consistently, but pretty good gambling stats if one prefers to look at it that way especially with play money as a hobby. Consistency is not my forte, but 14 trading days later...
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Quoting catman1
Yea, it's not impossible. Hard to do consistently, but pretty good gambling stats if one prefers to look at it that way especially with play money as a hobby. Consistency is not my forte, but 14 trading days later... {image}
Interesting results
R:R "Percentage Focus"
1% a day is possible but not everyday you have to accept that losing periods, bad days happen and you should handle them accordingly consider only in aggregate statistics.
This morning's naked chart trading was successful to my surprise. I guess after enough years staring at charts, information subconsciously embeds itself in the mind.
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Another demo account spanning 7 or 8 trading days. This is before I added an EA I made which was a bust. Too bad naked chart trading cannot be coded - I can only code by cutting and pasting and using an EA builder. (Would have been nice to learn to actually code but I'm too old for that.) Main point is that given enough time, any of us can succeed. Given recent world events, the only question is, do we have enough time left?
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Still practicing. Dip in curve is swap and flat spots are failed EA. Back to the drawing board.
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30% this morning.
(150% ROI in 7 trading days)
1% every day , every year will good for off the chair . not to said 3 %
Quoting PrinceJ58
{image}it is possible to do any particular percentage in the list, but at what risk and drawdown will you be willing to endure. Size of accounts also affect the percentages for some at least. What's your take?
If you were willing to risk, say 1% per trade and stop trading for the day when you hit 1% account growth, how much time do you think you need in the market to do that?

Id say on average, not much at all

over trading usually happens with unrealistic goals. and if you have that many losses in a row to where you cant achieve that then something is very wrong with the entry/or exits or both...provided that you're trading instruments that hve a good balance or liquidity and volatility.

But poor money management will make an otherwise good trade setup/system a losing setup/system
For me its currently 0.35% a day (7%-8% a month). I have quite literally closed 47x trading days in a row profitable.
Ofcurse you can make more with a higher drawdown, but i rather Go for stability and longterm compounding.
0.35% to 0.45% a day can go a very long way over 2-5x years.

The focus should be on staying in the Game and stable results, not maximizing gains with high risk.
So in the end i would say 0.5% a day can be safely possible
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Quoting Thomas.
For me its currently 0.35% a day (7%-8% a month). I have quite literally closed 47x trading days in a row profitable. Ofcurse you can make more with a higher drawdown, but i rather Go for stability and longterm compounding. 0.35% to 0.45% a day can go a very long way over 2-5x years. The focus should be on staying in the Game and stable results, not maximizing gains with high risk. So in the end i would say 0.5% a day can be safely possible {image}
And people need to re-read this part. you had 47 consecutive profitable days. that DOES NOT mean you were profitable on every trade. and that is ok. the market will never be a perfect place. a good trader knows the difference between trying to have a high win rate vs being consistent on a DAY to DAY basis as a DAY trader
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