5% a month in forex? - Page 4
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  1. #31
    Join Date
    Aug 2016
    Posts
    3
    Off course 5% can be achievable target but i have seen many new traders start trading without learning and losses all their money so it is good to learn before trading lives. Many expert traders usually making more than 40% profit, so start with consistency.

  2. #32
    Join Date
    Sep 2010
    Location
    Cheshire, UK
    Posts
    2,216
    Quote Originally Posted by Andreia View Post
    5% per month is not a big target as a newbie. You may trade via Forex Trade signal or Forex Trade Copier if you don't want to lose. Some site's like forexsignalx.com have fix deposit that may earn 7% per month without any risk, profit will credit to you every week.
    I actually think 5% per month consistently per month is extremely difficult for a new trader - if not impossible.

  3. #33
    Join Date
    Oct 2014
    Posts
    2,712
    Quote Originally Posted by manich View Post
    . Many expert traders usually making more than 40% profit, so start with consistency.
    40% a month? Perhaps you could name some of these 'many expert traders' in order that I can begin worshipping them

  4. #34
    Join Date
    Aug 2015
    Posts
    40
    5% is an understandable and realistic monthly target. The issue is to find a solid trading strategy which will enable these profits, and then to have to ability not to carry away and try to become reach over a night. 40% a month from 'expert traders', as eddieb stated, is a totally different story (and i am sure very very very amusing...).

  5. #35
    Join Date
    Apr 2017
    Posts
    17
    Quote Originally Posted by DCtrader View Post
    I've been doing alot of reading and I see a lot of traders who say they can make 5% a month in the forex... Is this really possible? if so, who's doing it and can you please share some of the things we need to do as new traders to get there?
    Good morning DCtrader,

    Welcome to the beautiful world of forex... Going by your question, consistently making 5% monthly is achievable and some traders do make more than that annually after all the additions and subtraction of the good and bad months .

    However, my advice to you would be not to rush yourself into attaining such fit for now because you may fizzle out along the way and ultimately throw in the towel. I would advice that for now you try and get a system that works for you and start become profitable , once you do, start giving yourself achievable targets like making 1% monthly and consistently... Once you achieve this, increase the bar until you reach 5%...as time goes by and you get more experience in the game, your %profits will step up bro.

    The only thing standing between you and being a consistent trader is just enough screen time and loads of work

    I wish you all the best and God bless

  6. #36
    Join Date
    Mar 2017
    Posts
    5
    I am also of the opinion, 5% are very realistic. There are only a few traders who can get more returns. Studies show that the majority of profitable traders can not achieve more return.

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