you can definately make 1% a day.
i dont think you can make a 75% winrate with 4 to 1 profit / loss ratio though.
i dont think you can make a 75% winrate with 4 to 1 profit / loss ratio though.
Profit From Profit-Taking —Scalping the Session Close 21 replies
What do you think about 300-500% annual profit? 29 replies
Quoting HoudDislikedWe have 2 groups.<o></o>
Group "A" said that it is totally unrealistic to get average 1% a day (whatever pips it is). So the question for them<o></o>
WHAT IS THE RELISTIC NUMBER?
Group "B" said that it is possible to get average 1% a day using money management.<o></o>
If we could knew what is the realistic from Group "A", then may be the Average is something between "A" and "B"Ignored
Quoting HoudDislikedThe X% is not my target.
I would like to find if X% i got from Forex will cover my Y% expences + Z% reterimnet + W% Saving for rainny days, or the whole Forex makes no sence.Ignored
Quoting HoudDislikedWe have 2 groups.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
Group "A" said that it is totally unrealistic to get average 1% a day (whatever pips it is). So the question for them<o></o>
WHAT IS THE RELISTIC NUMBER?
Group "B" said that it is possible to get average 1% a day using money management.<o></o>
If we could knew what is the realistic from Group "A", then may be the Average is something between "A" and "B"Ignored
Quoting merlinDislikedhoud, you are (understandably) searching for answers in this thread, but the answers dont matter because your quesiton is wrong. go, do some trading, you will learn. after 6 months you will come back to this thread and realize you had the game all wrong. just like we all have done.Ignored
Quoting merlinDislikedhoud, you are (understandably) searching for answers in this thread, but the answers dont matter because your quesiton is wrong. go, do some trading, you will learn. after 6 months you will come back to this thread and realize you had the game all wrong. just like we all have done.Ignored
Quoting HoudDislikedHi,<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
We all know trading involves lose and gain.<o></o>
Do you think some one could have 1% profit in average?<o></o>
Example: - One could start with $ 10K and after year, he gain $ 45K and lost $ 10K so the net gain is $ 35K means 1% profit a day.<o></o>
Do you think this Example is artificial and impossible to get?<o></o>
Really appreciating your opinion
ThanksIgnored
Quoting ademacDislikedHoud,
You have the right idea. Ur doing your due dilagence about what you are getting into. My path was the same, I heard about the forex mulled it over for 6months before deciding to have a proper look. Then was lucky to find the FF when i began DD and haven't looked back since. I think anyone can make money at it but you will need to find your own path to success.
Whilst you are learning about the Forex, i would suggest you open a demo account and blow it up a few times, Metatrader is a good platform to use, but there are others. That way in 6 months time if you decide its not for you, the only thing u are out of pocket is the time you spent exploring your options.
AdemacIgnored
Quoting Money TalksDislikedTry thinking of it like this Houd,
Some traders take months/years before they are profitable. We cannot give an answer that says "yes, practice for 6 months and you'll make 1% or 0.5% or 0.1% a day."
I don't think there's any average figure around about what a forex trader can reasonably expect to make. Either in a year or a day. It entirely depends on the individual, the amount of risk they are willing to take, their correct reading of the market, money management along with a whole host of other things.
I don't think anyone can give a definitive answer that if you have 10,000 you'll make x amount on that. The only person that can answer that is you. Perhaps you will make 1%, maybe you'll make 10%, who knows. but from the answers here you can see that the amount people think you should make are as varied as the days.
Hope this helps.Ignored
Quoting thiefnightDislikedI am not looking for math problem awnser.I am looking profesionls' experince answers.
But you are looking for math.Ignored
Quoting thiefnightDislikedMy question is not wrong. Your answer is wrong and does not provide any justification like other answers.
The answer or fact that you don't wish to heardIgnored
Quoting thiefnightDislikedGroup "B" said average 1% is posible.
Group "A" said average 1% is not posible.
Some change thier opnion from A to B.
Again, you are looking for math and seeking the answer that you want to heard.Ignored
Quoting thiefnightDislikedI am doing my home work, traying to figure out if i will tarde for few months wasting money and time, or at least get some.
Merlin, I do not believe that I should trade for 6 months and relize the game is wrong.
Please trade your real account right now, the market need this kind of people to make contribution. thanks@!fsg34@#$23.[color=red][/color]Ignored
Quoting thiefnightDisliked
I believe that i should ask the pros to get a decent idea about whatever i will face.
Merlin, My qouestion is not wrong. You did not justify your answer.
You are stubborn newbie, and don't listen others.Ignored
Quoting HoudDislikedI am not looking for math problem awnser.I am looking profesionls' experince answers.
My question is not wrong. Your answer is wrong and does not provide any justification like other answers.
Group "B" said average 1% is posible.
Group "A" said average 1% is not posible.
Some change thier opnion from A to B.
I am doing my home work, traying to figure out if i will tarde for few months wasting money and time, or at least get some.
Merlin, I do not believe that I should trade for 6 months and relize the game is wrong. I believe that i should ask the pros to get a decent idea about whatever i will face.
Merlin, My qouestion is not wrong. You did not justify your answer.Ignored
Quoting faureDislikedThe straight answer is the best traders in the world can get way,way above your 300% target in a good year. The only problem is you aren't one of the best traders in the world. So what's average and realistic you ask - I'd say breaking even.
Your question has no answer, simply because it all depends on so many other things; how often you trade (10 trades a day vs 10 a months), how much you leverage, etc.
And if you think you're going to be profitable after 6 months it's best you hand your cash over to a money manager. Forex is not easy money, it is hard work, it is painfull, it is frustrating, and despite what people may say it is not simple.
Stop thinking about how much you can make and start thinking about how much you can lose.Ignored
Quoting thiefnightDislikedAgreed!
Forex is not the MathIgnored
Quoting BemacDislikedHey Folks, Not sure if this is the right thread for this post but I was wondering if someone would be willing to tell me how to throw Darts and hit the Bullseye 75% of the time. Or is it even possible?
TIA
Ignored