Example - Do you make 5%, 10 %, 15% of your trading capital every month.
Example - Trading capital = $5000 + 10% = $5500 = ($500+)
How much do you usually make every month?
Thanks.
Example - Do you make 5%, 10 %, 15% of your trading capital every month.
Example - Trading capital = $5000 + 10% = $5500 = ($500+)
How much do you usually make every month?
Thanks.
also want to know…
This varies from trader to trader, their strategies, risk/reward percentages, and etc.
I myself make anywhere from 2-5% monthly gains but I know a few traders who make way more or who are in my range as well.
It all depends on the type of trader you are honestly. I’m slow & steady and like to cash in on strong probability rather than just correlative data.
I agree - I’ve seen between 5% and 10%, sometimes higher pushing 15% from a consistency point of view, which is what matters at the end of the day.
Sure, there’s some speculators who suggest much much more, and fair play to them - but when you ask for a track record it’s a different story. So until I see proof to suggest otherwise then nothing’s changing.
There’s always exceptions to the rule too, and i’m sure there are people out there who have traded perhaps a 20K account into 300K in a single year, but that involves a high degree of luck. I don’t doubt that this has happened at all; but it’s not a realistic ground to base any rational plans upon?
And also one issue with this sort of question is that it won’t be the same every month. Quite apart from world events sometimes making things choppy, all months were not created equal. My trading December is only two thirds the length of other months, as I’m looking to stop the month early as the markets drift into Christmas. Plus I always find that August tends not to give the sort of decisive moves I like - presumably at least in part because the big institutional traders are off on their yachts or something rather than in the office driving the market.
But I’m very happy on 5-10%, with a sound platform, then when the odd 8% single trade drops into my lap I am placed to take it and give the world a reserved ‘woo hoo’.
Reality check: most in these joints make diddly squat regardless what you read. If you could run your ruler over the broker prints at most shops it’d make your hair curl to see how much some of these punters burn on a consistent basis willing themselves onto victory.
You’re on a hiding to nothing if you think you’re going to generate steady profits from a pocket money account retailing in this environment, especially with all the barriers & restrictions currently in place & those yet to fully materialise.
Those banking proper moolah aren’t going to be boasting about it from the rooftops of punting forums, they’re too busy making it. I’m sure you’ve heard the phrase money makes money? Never truer than in this murky world & there’s your first clue.
If you’re savvy & brassy enough to start thinking outside the usual (forum) box about who, where & how you learn to generate proper money from, you just might stand a chance of attracting some. The odds aren’t good, but neither are they even if you do succeed.
T’is a tough old grind.
I see where you’re coming from, but I don’t think that all successful people are so busy being successful that they can’t make time for a forum, particularly if they enjoy the discussions.
I made 4% for about two weeks without any loss, totalled up to 83 pips, and then one day, one messy trade lose 13%, it’s been 2 months and still open.
Fortunately, it’s demo account.
I took a break in these two months, partly because I’m very serious in demo and partly because I have other things to do.
I make between $300 to $500 a month using only $6k. Which is roughly about 3% to 6% a month.
Having said that. I’m not sure if I should raise my stake but whenever I started making more I got cocky and become irrelevant. Meaning feeling invincible and be blindsided by my arrogance. So I remain small and humble.
Best way if you don’t want to blow your account, at the end of the day its about consistency.
If you follow you one specific system and master it and have a very good money management system in place then you can do very well for yourself. The problem most people have is that they tend to ‘use the force’ to make their trades. They believe they can feel the market and then things tend to go wrong.
I myself typically average 10-15% a month on my trades. However, I have one system I use that works for me, is consistent, and that I don’t trade beyond my means with. If the market is trending well, then I may risk towards 10% of my account, but it is in a known direction and I am moving my stop as price moves. If there is less obvious direction then I am trading 2-5% of my account or not at all.
It’s very important to see when the market is moving and when it is consolidating. At the first sign of consolidation is the time to sit out and watch until there is movement one way or the other.
Its better to measure your performance in % of return on your equity for me it’s about 4-5% monthly I rarely do more than that to keep my low-risk trading profile.
This actually sounds pretty good!
And what’s your preferred monthly ROE? Do you also take into account trading risk when you set profit targets and how do you determine the balance?
It seems to me that 10-15% is a quite achievable indicator, which is available even to small capitals and not the most active traders, and if technical analysis and fundamental analysis are combined, the chances of good profit increase.