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What is your weekly return?

  • #381
  • Apr 22, 2012 6:40am Apr 22, 2012 6:40am
Quoting Custos
Why should he? Would a business owner, only because his company's net income quatrupled in the last few years suddenly withdraw the money from his company? Scale it down, because it runs too well and the company is earning too much money now? Sounds ridiculous in the case of a business owner, and it should as well sound ridiculous for successful traders.
I couldn't agree more. If a trader is successful and doesn't need the money in his account then he should never take it out. No matter how you slice it you are hurting yourself. Whatever goal that you have set for yourself will take longer the more money you withdrawal along the way.
  • #382
  • Apr 22, 2012 7:30am Apr 22, 2012 7:30am
Anyway, I was trying to point out that trading a 10k account is different from a 100k account.

Lastly, it is easier to make money in stocks. But those who are profitable in stocks, are they scalpers? The big money is the long term trend, not your M1 charts.
  • #383
  • Apr 22, 2012 7:38am Apr 22, 2012 7:38am
Quoting jayjb
Anyway, I was trying to point out that trading a 10k account is different from a 100k account.
psychologically or due to liquidity issues you mean?

Quoting jayjb
Lastly, it is easier to make money in stocks. But those who are profitable in stocks, are they scalpers? The big money is the long term trend, not your M1 charts.
really depends. in the last 10 years most stock investors didn't make money going from one crash into the next one. However, of course if you picked the right ones, then you would have been a winner.

Yeah, I also think at some point there are diminishing returns the lower you go on your time-frame.
  • #384
  • Apr 22, 2012 7:50am Apr 22, 2012 7:50am
Psychologically.

Are you more likely to increase a $200 account by 100% or a $2000 account?
  • #385
  • Apr 22, 2012 8:13am Apr 22, 2012 8:13am
Quoting jayjb
Psychologically.

Are you more likely to increase a $200 account by 100% or a $2000 account?
Well, I am probably a kind of exception. I actually automated all my trading (after lots of research), so I am as likely to increase a 200$ account by 100% as I am with a 2000$ account.

But probably you are right for people who trade manually.
  • #386
  • Apr 23, 2012 12:12pm Apr 23, 2012 12:12pm
Jayjb, maybe this will put to rest some doubts.
This shows the activity from the last 2 months, which was the last time a WD was made. It was 2 months and 67 trades were made in that time. On the right side I erased some final digits, as I don't what people to know what I have in my account. I also spiced the chart up with a TL and PA lines at the swing lows. After all, this is one chart I want to see in a consistent UP. Punch it up on your excel if you'd like, but it shows 226% gains in the last 2 months, and yes, it is my live account.
I'll add that 226% is a little above average for me, but it was the best I could do going back to my last WD.
Having said that 10% per month should be no big deal. OTOH, you are still gainful if you are getting 5%.



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Quoting jayjb
Without picking on anyone, I would appreciate if my question can be answered.

For the pessimist,

Is it because you are in red or bordering it that you find the idea of 10% per month is ridiculous?

For the optimist,

Is it because you have done it or seen it done before that you believe the idea of 10% per month is realistic?

Take this example. A hedge fund manager has 5m at his disposal, 5% of that would be 250k. But does that mean he will scalp with a 1% risk? Mind you that is the possibility of losing 50k within minutes. Or is he...
  • #387
  • Apr 29, 2012 7:33am Apr 29, 2012 7:33am
If you have 100K account and can make 5% every month,you are a superhero.It´s all about MM and experience.
  • #388
  • May 1, 2012 1:47am May 1, 2012 1:47am
Quoting ptownboi
I read outlandish reports that traders are making 1000% plus return on their portfolio.

I trade live and manage (somehow) a weekly return of around 10 percent (sometimes even 15%) on my equity.

Of course some weeks I don't spot a trade and sit the whole week without turning a dime, but that is rare.

It's like pulling teeth to get that, even. Just curious how successful other live (real, actual!) traders average. I'm happy with my return rate, but maybe I'm missing something.
This is a moot question, as its not scaleable to the volume whereby profits are serious. If you had that return consistently over a high volume, it wouldn't take you long to be the richest man in the world.
  • #389
  • Dec 14, 2015 7:21pm Dec 14, 2015 7:21pm
because at my forex trading i do scalping, i just have target $20 for one day.
even my profit is not big enough, but i think its good enough i can make it constant, at one week i can got $140.
  • #390
  • Dec 22, 2015 4:48am Dec 22, 2015 4:48am
Quoting ptownboi
I read outlandish reports that traders are making 1000% plus return on their portfolio. I trade live and manage (somehow) a weekly return of around 10 percent (sometimes even 15%) on my equity. Of course some weeks I don't spot a trade and sit the whole week without turning a dime, but that is rare. It's like pulling teeth to get that, even. Just curious how successful other live (real, actual!) traders average. I'm happy with my return rate, but maybe I'm missing something.
well I make 0.25% in a week for now. I know it seems very little but when 0.25% in a week x 4 weeks that is equal to 1% in a month x 12 month = surely I will make 12% P.A and 12% P.A is still a lot to me and achievable.
  • #391
  • Dec 22, 2015 1:49pm Dec 22, 2015 1:49pm
Quoting ptownboi
I read outlandish reports that traders are making 1000% plus return on their portfolio. I trade live and manage (somehow) a weekly return of around 10 percent (sometimes even 15%) on my equity. Of course some weeks I don't spot a trade and sit the whole week without turning a dime, but that is rare. It's like pulling teeth to get that, even. Just curious how successful other live (real, actual!) traders average. I'm happy with my return rate, but maybe I'm missing something.
I've been studying up on the legendary traders from back in the day like Richard Dennis from Chicago. From what I'm gathering, those guys didn't produce those 1000% plus returns either. My goal is to manage a 10% weekly return as well. I'm no where near there yet, but I will be.
  • #392
  • Dec 26, 2015 2:12pm Dec 26, 2015 2:12pm
I am making around 1k per month, so that basically means around 250 dollars target per week, but that's definitely not my target since i just want monthly earning.
  • #393
  • Dec 27, 2015 1:25am Dec 27, 2015 1:25am
it depends i make about 5 - 10% monthly .hard to calculate it weekly
all have a nice day please
focus while relaxed to see better
  • #394
  • Dec 27, 2015 5:41am Dec 27, 2015 5:41am
Wow it's very inspiring to know that people are making 5-10




I just read this old thread today.
Wow ,it's very inspiring to know that so many people are making easily 5-10 %profit per week.!!
But is it a consistent profit ,and for how long ,1 year,2years ,or just 3 months?what's the drawdown?
Instead of arguing about the possibility of achieving these excellent profits ,why don't all you successful traders use myfxbook to track your account ,so that you give all losing traders or 20% yearly profit traders the motivation to improve themselves !!
Besides you could make huge extra income giving your signal through myfxbook,with 1000 subscriber and only a 100$ monthly subscription fee ,you 'll make 100000$ extra free monthly income.
In my opinion it's totally possible ,but it's not easy and not as many traders could do it,as the number they claim to do.
Don't ignore the drawdown when you speak about your profit ,if the drawdown more than 30%,maximum 40% ,it's not counted.
I can claim to make 80-100% per month or more in average with a 90% drawdown.(: (:












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  • #395
  • Dec 29, 2015 6:02pm Dec 29, 2015 6:02pm
i start my forex trading by do scalping so i can minimize my loss but also i just get small profit, but i think its good enough for me, because my friend told me that if i can make my profit again and again as constant as i can that will good enough for me to learn to getting better at my forex trading, my daily target is $20 even i think its small but im also think it's good enough for my start at forex trading.
  • #396
  • Dec 29, 2015 10:56pm Dec 29, 2015 10:56pm
  •  Zinot
  • | Joined Dec 2015 | Status: VUIP - Very UnImportant Person | 138 Posts
If I do not take my total annihilation of my account into the calculations I made in 2015 between -4% and +12% per month. We will not be able to achieve a simple 1k account and make every week a given percentige. The market will be friendly to our system in one month and in the other it will eat it up. The most important thing is to have bigger winner month/weeks or days than you take loosing ones...

Somewhere here in the forums a wise guy explained a really complicated thing in very simple words:

If you have a motorbike and this thing will accelerate to 100km/h (miles per hour is a foreign language for me sry) it wont be at a gazillion km/h in 5 minutes... Please take this into your thinking when you try to establish your trading targets... it is unlikely to happen anyway...

If I can give a recommendation:

Just trade and try to keep your capital...
Do not plan anything further than the next trade each and every time...
---> your equity curve will be under much less pressure and can grow like a tree... :-) let it grow

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Insanity: doing the same over and over again & expecting different results!
  • #397
  • Dec 30, 2015 11:55pm Dec 30, 2015 11:55pm
Hello everyone,my name is Antonis im new to this forum and i wanted to ask a question,is anyone here able to tell me if they experienced bad financial returns before they managed to stable there weekly income?in simple words, a trader that lost a lot of money and then implemented a type of risk management for their account and managed to have a stable weekly income and whats that weekly amount?thank you people
  • #398
  • Edited 8:41am Dec 31, 2015 7:35am | Edited 8:41am
Quoting fxnow
Wow it's very inspiring to know that people are making 5-10 I just read this old thread today. Wow ,it's very inspiring to know that so many people are making easily 5-10 %profit per week.!! But is it a consistent profit ,and for how long ,1 year,2years ,or just 3 months?what's the drawdown? Instead of arguing about the possibility of achieving these excellent profits ,why don't all you successful traders use myfxbook to track your account ,so that you give all losing traders or 20% yearly profit traders the motivation to improve themselves !! Besides...
more than a 1000 pips so far this last three month
have a nice day please
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  • #399
  • Dec 31, 2015 10:08pm Dec 31, 2015 10:08pm
Quoting The Captain
If these professional money managers like Bernie Madoff could make consistent profits of 10% a month, why deal with all the bullshit of running your own fund?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #400
  • Dec 31, 2015 10:18pm Dec 31, 2015 10:18pm
Quoting Tradeemperor
{quote} well I make 0.25% in a week for now. I know it seems very little but when 0.25% in a week x 4 weeks that is equal to 1% in a month x 12 month = surely I will make 12% P.A and 12% P.A is still a lot to me and achievable.

http://bond-yields.com/c/yield-rate-...an-bond-rates/

you can make 8%-18% per annum on high-yield/junk bonds and they're probably not as risky as giving your money to the typical bucketshop
"If The Fool persists in his Folly he will become wise." - William Blake
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