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How much you make in a month on avg...

  • #1
  • First Post: Jun 21, 2012 11:23am Jun 21, 2012 11:23am
in persentege.....

and how ?(swing, scalp, daly candels, and so on)

how much trades per month avg? how nuch u risk per trade?


iam runnig a test on a sys rithe now and just curios were iam standing.
Iam just A pips on the rode :nerd:
  • #2
  • Jun 22, 2012 6:00am Jun 22, 2012 6:00am
I'm currently trying an MT4 platform, following some master accounts, and I'm getting 9% profit in day trading. It's a recent experiment though...
  • #3
  • Jun 22, 2012 6:05am Jun 22, 2012 6:05am
Quoting -er-

iam runnig a test on a sys rithe now and just curios were iam standing.
and this matters because... ?
Twitter: @forexpokerpro
  • #4
  • Jun 22, 2012 9:18pm Jun 22, 2012 9:18pm
Quoting -er-
in persentege.....

and how ?(swing, scalp, daly candels, and so on)

how much trades per month avg? how nuch u risk per trade?


iam runnig a test on a sys rithe now and just curios were iam standing.
Not even sure I want to answer your query..but the more pertinent query should be "why should you want to know?"
And how exactly does knowing about earnings and methodology help you figure out where you stand..And how do we know you are not affiliated with the IRS?Just sayin', you never know who you're going to come across in Fx forums..
  • #5
  • Jun 23, 2012 1:13am Jun 23, 2012 1:13am
In terms of trading myself, I got negative for a straight 3 months already. lol. If anyone has any better idea how to get consistent profit, please let me know! Thanks.
  • #6
  • Jun 23, 2012 1:20am Jun 23, 2012 1:20am
Quoting jessie
In terms of trading myself, I got negative for a straight 3 months already. lol. If anyone has any better idea how to get consistent profit, please let me know! Thanks.
It does make sense that no one has the intention to speculate in Forex (or stock, options, futures...) and expect to lose...
The short answer is: speculation cannot generate consistent profit. therefore, NO ONE makes consistent profit ... especially in forex
  • #7
  • Jun 23, 2012 2:07am Jun 23, 2012 2:07am
Quoting Mingary

The short answer is: speculation cannot generate consistent profit. therefore, NO ONE makes consistent profit ... especially in forex
lol

Some do, most don't, it's the nature of the beast.

Learn to trade, it's really not rocket science you know!
  • #8
  • Jun 23, 2012 2:10am Jun 23, 2012 2:10am
Quoting -er-

iam runnig a test on a sys rithe now and just curios were iam standing.
Well give us the relevant numbers then if you want an opinion.

Not that it's going to help you much.....
  • #9
  • Jun 23, 2012 2:32am Jun 23, 2012 2:32am
Quoting pipmutt

Not that it's going to help you much.....
+1

OP, comparing yourself to other trader's performance is just a waste of time, and won't get you anywhere, and probably will only get you frustrated if you see other people doing better than you

In order for your question to help you to some degree, you also need to know what trading systems others are using, average risk/trade, average win/trade, timeframe traded, currency pairs traded, trading experience etc etc etc.(and trading is not only about the system). there are too many questions to be answered for that information to be relevant to you. And no 2 traders trade alike, so even if you get answers to these questions, it won't be really relevant to you because you will have other systems etc etc

just concentrate on making the best decisions, and stop worrying how you're doing against other trader's performance. this is not a competition.

best of luck
Twitter: @forexpokerpro
  • #10
  • Nov 17, 2016 4:34pm Nov 17, 2016 4:34pm
Quoting -er-
in persentege..... and how ?(swing, scalp, daly candels, and so on) how much trades per month avg? how nuch u risk per trade? iam runnig a test on a sys rithe now and just curios were iam standing.
1. I'll try to make 5% a month average

2. Fundamental Analysis

3. 15 trades average

4. Risking below 50%
  • #11
  • Nov 18, 2016 12:04am Nov 18, 2016 12:04am
This is the worst goal that anyone can aim for, to make x% on month !!! This will put a big psychological pressure on the trader. It is more important for any trader to focus on executing the strategy and not on a certain %. If the strategy is sound and the execution/implmentation of it is good then the profits will come.
  • #12
  • Nov 18, 2016 12:52am Nov 18, 2016 12:52am
Quoting pipshaman
This is the worst goal that anyone can aim for, to make x% on month !!! This will put a big psychological pressure on the trader. It is more important for any trader to focus on executing the strategy and not on a certain %. If the strategy is sound and the execution/implmentation of it is good then the profits will come.
I understand how you feel and I feel the same. I use to think like that before but this worst goal that you said, well it works for me and from my experienced If I am able to make 5% every month or maybe 10% every month (heck if I could, that would be nice). The ROI will compound.

Example:-
$1000 with 5% a month in 12 month that is about 80% a year = $1818 a year
$1000 with 10% a month in 12 month that is about 230% a year = $3291 a year

From my points of view that a great trader makes consistent ROI every month and not shooting high then by the next month lose everything. I know it might take to long to reach where we want but really think about this, what business makes 200% profit a month instantly when it just newly establish? Growing and nurturing the account slowly and carefully is much logic and make sense to me.

By the way, just to make it clear. I don't mean to attack your points of view but when it works for you the way you see your goal like what you just said "If the strategy is sound and the execution/implementation of it is good then the profits will come." hey, that's good and stick to it. I just express my points of view. That is all
  • #13
  • Mar 1, 2017 8:34am Mar 1, 2017 8:34am
Quoting -er-
in persentege..... and how ?(swing, scalp, daly candels, and so on) how much trades per month avg? how nuch u risk per trade? iam runnig a test on a sys rithe now and just curios were iam standing.
Good question and because I'm just looking around the corner I don't know how to answer your question properly. Let's try to explain a bit the way I trade. Beside the candlestick training, I am using an indicator, that has given me 200+ green pips in the last 3 days. So having a good system is half of the work I must do. The rest depends on my emotions, how I feel that day and what the market is doing (news release etc.)

I am doing between the 20-40 trades a month
Volume = 0.01 lots
With $1000 and 5% is for me the best goal (I like what Trademperor wrote) and save

Hope this helps
  • #14
  • Jun 30, 2017 3:03pm Jun 30, 2017 3:03pm
Quoting ladylyn
I'm currently trying an MT4 platform, following some master accounts, and I'm getting 9% profit in day trading. It's a recent experiment though...
9% profit in a day as a newbie is not bad at all. good going . can you share your trading strategies ? are you doing scalping or not ?
  • #15
  • Jul 4, 2017 10:09pm Jul 4, 2017 10:09pm
Not much but 4% to 5% of my investment is my profit. I do not want so much right now. It begins so well for me.
  • #16
  • Jul 4, 2017 11:43pm Jul 4, 2017 11:43pm
Quoting fxforexnew
{quote} Good question and because I'm just looking around the corner I don't know how to answer your question properly. Let's try to explain a bit the way I trade. Beside the candlestick training, I am using an indicator, that has given me 200+ green pips in the last 3 days. So having a good system is half of the work I must do. The rest depends on my emotions, how I feel that day and what the market is doing (news release etc.) I am doing between the 20-40 trades a month Volume = 0.01 lots With $1000 and 5% is for me the best goal (I like what...
And when you do it for 12 years without taking the profit out. Your account in theories would be like in below:-

Capital Start = $1000
ROI goal every month = 5%

1st Year = $1000 -> $1781.25 (78%)
2nd Year = $1781.25 -> $3202.00 (220.2%)
3rd Year = $3202.00 -> $5789 (478.9%)
4th Year = $5789 -> $10499.50 (949.95%)
5th Year = $10499.50 -> $19075.50 (1807.55%)
6th Year = $19075.50 -> $34693.25 (3369.3%)
7th Year = $34693.25 -> $63127.25 (6212.7%)
8th Year = $63127.25 -> $114901.50
9th Year = $114901.50 -> $209165.25
10th Year = $209165.25 -> $380798
11th Year = $380798 -> $693298.50
12th Year = $693298.50 -> $1262285.50 (126128.5%)

Well at least it beats people who are working for 12 years.
  • #17
  • Jul 7, 2017 4:31am Jul 7, 2017 4:31am
I don’t know actually; how traders can trade with a specific monthly trading target! Because, no one can predict the market accurately, that’s way there is no 100% in Forex business! My job is just collecting the good entry points in order to my trading equity! Last month I made here 24%.
  • #18
  • Jul 9, 2017 6:56am Jul 9, 2017 6:56am
Well; although I don’t have any specific target! But, in average I get 15-25%! But last month was outstanding, I made 38% (yes, this is my best monthly percentage)! According to your 2nd question, I use only 2% RRR in my per trade.
  • #19
  • Jul 9, 2017 7:18am Jul 9, 2017 7:18am
i like the idea, these are good gaols, at first glance i thought they were actual numbers, but never the less its good..
  • #20
  • Jul 9, 2017 12:22pm Jul 9, 2017 12:22pm
I make about 500 pips per week on average (some weeks it goes to about 1200 pips) but since my account is still somewhat small, I only make around 5000$ per week.
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