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20% per month. Is this possible?

  • #301
  • Apr 24, 2013 6:35am Apr 24, 2013 6:35am
Quoting unknown4x
Blah blah blah. Lots of talk.. lots of bs as always. 20% is easily doable on standard account sizes and credible brokers (certainly no MT one and even more certain no 4 letter bullshit broker). If you are consistent and compound you will easily hit that with a proper strategy. You will however not become a billionaire with it. The reason is not because it's not doable but liquidity. You will hit liquidity problems pretty soon (before even hitting the 7 digit mark) and along with the partial fills increasing costs (spread / partial fill throughout...
I would really like to know how do u come to this conclusion. As far as i know in most of the times on the majors, there is no big problem to get 100 lots(10M$) filled. Dont forget we are talking about the most liquid market.
So the strategys you are talking about seems to be ultra short scalping, otherwise I cant imagine how liquidity could affect it.
  • #302
  • Oct 29, 2013 11:28am Oct 29, 2013 11:28am
Quoting peterM
I would not say 20% per month is impossible.. but I would seriously doubt if there are many who can do it consistently for years. I aim for 3-5% per month.
Consistency not comes in Forex easily we have to practice more and more and develops our trading knowledge and experience. There is lots of trader having proper trading skills earning good profit with consistency.
  • #303
  • Nov 4, 2013 6:59am Nov 4, 2013 6:59am
Quoting hedging
{quote} Consistency not comes in Forex easily we have to practice more and more and develops our trading knowledge and experience. There is lots of trader having proper trading skills earning good profit with consistency.
Fully agree. 20% is perfectly do-able. With consistency comes confidence. With confidence you can comfortably crank up your risk.
  • #304
  • Nov 5, 2013 9:16am Nov 5, 2013 9:16am
I wonder how much is the maximum drawdown. It seems to me that risk is big if the return is so big. I am looking to earn 5% to 10% per month
  • #305
  • Nov 5, 2013 10:21am Nov 5, 2013 10:21am
Quoting Scalptastic
I wonder how much is the maximum drawdown. It seems to me that risk is big if the return is so big. I am looking to earn 5% to 10% per month
Not necessarily. Depends how skilled you are with your entries
  • #306
  • Nov 6, 2013 2:38am Nov 6, 2013 2:38am
Quoting jen101
{quote} Not necessarily. Depends how skilled you are with your entries

That has to be a very skilled professional. I still believe that there is a too big risk involved if you want to make such returns.
  • #307
  • Nov 6, 2013 3:34am Nov 6, 2013 3:34am
There are a few tricks you can use to your advantage when entering a trade to limit your drawdown. One is to enter by pending order. I sometimes use +/- 20% ATR after candle close. Also look on shorter TF. It helps
  • #308
  • Dec 25, 2013 9:23pm Dec 25, 2013 9:23pm
possible but its all depends on you and the amount of work you put in
  • #309
  • Edited 5:06pm Dec 27, 2013 7:05am | Edited 5:06pm
Quoting Scalptastic
{quote} That has to be a very skilled professional.
This is a bit silly. I'm not very skilled and certainly far from being a professional, but I certainly have a learned a few things in the last year or so that have helped me start to achieve a good, consistent profit.

Quoting Scalptastic
{quote} I still believe that there is a too big risk involved if you want to make such returns.
This is untrue. You can manage the risks and keep things fairly 'safe' on a trade for trade basis, but once the market moves in your favour and you start the process of compounding your trades (and setting SL's at BE or higher to allow for taking a minimal profit on drawdowns), your profits can grow extremely quickly.
  • #310
  • Dec 27, 2013 9:44am Dec 27, 2013 9:44am
as a rookie trader, i'm learning a lot reading from all the feedback here... i've had the 20 to 30% month mentality as well before, but i'd say i'm morphing into longer timeframe goals. sometimes you win, sometimes you learn.
  • #311
  • Dec 27, 2013 2:39pm Dec 27, 2013 2:39pm
...I have done it! You just have to find right market!!!
  • #312
  • Dec 27, 2013 5:51pm Dec 27, 2013 5:51pm
Quoting mojke
...I have done it! You just have to find right market!!!

Everyone has done it until it has done you and judging by your record (non there) it has done you lol...face it you can't show a consistent record of producing profits of about 2 years or more.
  • #313
  • Jan 29, 2014 8:11am Jan 29, 2014 8:11am
I think it is possible. I have seen a lot of zulutrade signal providers having that much of a results, however, long-term over months some of them loose it. Though the good part is that there are other trading strategies pooping out that you can start following, so it's like more or less like catching the wave.
  • #314
  • Jan 30, 2014 2:12am Jan 30, 2014 2:12am
If somebody could make CONSISTENTLY 20% in a month, he would be inundated with huge investments in his trading. But I think it is impossible to have a balance in forex market where somebody can earn 20% in a month while others will lose the same amount.
  • #315
  • Jan 30, 2014 6:32am Jan 30, 2014 6:32am
Quoting leebsurag
If somebody could make CONSISTENTLY 20% in a month, he would be inundated with huge investments in his trading. But I think it is impossible to have a balance in forex market where somebody can earn 20% in a month while others will lose the same amount.
Yes, it is possible to make profits, every month and as for the actual figures, there's no reason you should not get it but every month, well that takes skill.
  • #316
  • Feb 4, 2016 3:34am Feb 4, 2016 3:34am
20% per month consistently ? I am cautiously optmistic. I think the trick is to not try to avenge when stuff goes wrong and just accept when you lost
Price-Action Extremist
  • #317
  • Feb 9, 2016 2:52pm Feb 9, 2016 2:52pm
I am a new member so it wont let me start threads, I was going to start one to talk about a similar situation.


I am new to forex but have history trading stocks. 2 weeks ago I was up over 20% by being disciplined. I am using a forex system that seems to work ok but the trade signals are not always 100%, hoping I could find some help myself....
  • #318
  • Feb 14, 2016 8:37am Feb 14, 2016 8:37am
I think its possible, i aim for 10% a month using very low risk per trade (less than 1%), and just aim for long term consistency.. maybe doubling my risk would return the 20%! although it would be a psychological jump
  • #319
  • Feb 27, 2016 6:43pm Feb 27, 2016 6:43pm
I use EA to trade automatically, some times I got more than 20% per month, but I don't have any target for the monthly return, I pay attention to drawdown and Risk of Ruin.

Quoting Xenaga03
I am not so new to forex, but I would like to know if any professional traders have been able to consistently pull off 20% a month, at least uptil a $100,000 account. Is this possible? I am trying to figure out what my target should be monthly for my return on capital and what figures are realistic.
  • #320
  • Feb 29, 2016 11:33pm Feb 29, 2016 11:33pm
Without profit target you risk to overtrade, make more or less trades, etc. I always follow strict frame of losses and expected returns and never exceed them.
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