Hi Traders
As part of my trading plan I’d like to include some kind of account growth goal.
My question is, “what is an acceptable monthly growth goal to aim for in terms of percentage?”
So If I have a $200 mini account and I aim for 10% growth per month, is that a pipe dream or is it reasonable?
In year 1 $200 will become $628; year 2 it will become $1970 etc… you get the picture.
The rules will be simple. Hit the % for the month and stop trading. All other risk management and capital protection will apply. Some months may be loss months but overall I do think you need a goal of some sort, just like targets for a business.
Your comments/advice would be greatly appreciated.
Trad