DislikedI think U need at least $10,000 Account Size with 1:200 Leverage. Twenty percent profit a month is huge. Very hard to achieve. Think that 10% to 20% per month, that would be over 120% to 240% per year. The best of the best make 20-30% per year, which is very high. Every traders claims that to be making this, and more but no one can prove it via verified statement, which is so hard to achieve, but it is always possible.Ignored
Just because you can't it doesn't mean it cant be done
There is no standard to that.
It all comes down to you & your entries & exits.
You can turn 500$ into 2000$ monthly every month
You can make a 2% on 100k account
or 20% on 20,000 account
So,first of all you need to know your strategy & outcome first,then calculate money management.