RR rate?
Are you a manual trader?
RR rate is at least 1:2. It can be more. Depends on the trade.
Yes I trade manually.
10% a month all the time?
Yes consistenly.
How many items do you trade? What are those?
Mostly currencies. A few times indices.
30% is possible, but not easy. To pick how something will move is easy, usually youâll be right, eventually. But itâs about getting in and out at the correct time. You can see a nice move, think youâll hold on for a little more profit and lose it all and more. If it goes against you at first, you donât want to hold for too long
I usually trade around 2 - 3 currency pairs a week. One pair can be enough though.
1 currency, 10 times a month?
It can differ per week. So that depends. Letâs say 1 - 3 currencies a week.
Are you a scalper?
Swing trader?
What is your style?
I am a scalper and day trader.
I read liquidity in the market. Basicly I try to follow the market makers and their price action ââgameââ.
Actually I donât think its special. the reason is simply the maths involved.
Letâs suppose you have a thoroughly proven and profitable but not very impressive strategy. It trades only 10 times a month. You risk only 1% of capital per trade: your r:r is only 1:1.5. The win rate is only 55%.
None of this is impressive. Most people promoting strategies would laugh at these miserable metrics.
Yet even this will bring in over 50% profit per year.
Real trading is not impressive and is boring.
50% a year is a very good return.
Real trading is doing the same boring thing every time. This is what it means to be consistent.
For beginners 50% is a good start though. Even though much higher numbers are being met yes.
However if someone is satisfied with even 5% profit a year. That is great too.
You donât need to increase your risk to get more reward. Looking at trading all wrong if you do. Your main goal is capital preservation remember.