A realistic profit %

Hi traders. I hear alot of things ranging from 2% to 40% monthly.

As a daily trader. Like 6-8 hours off work each day.

Please i need a realistic answer.

Thanks

10% is good going

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Thanks! It is possible to get consistent 10% profit on average each month?

If you are disciplined in accordance with your trading plan…it is possible but you will need to have an eye on operational risks (error when making orders), psychology elements such as greed, fear, no action, over trading, etc.

You need to change your mindset. Forget about making money. A REALISTIC target for forex traders is NOT TO LOSE MONEY. If you can manage risk properly, any profit from trading is a bonus.

That is the reality.

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