Do you think 5% per month from forex is a good return? how about 10% per month? A lot robot in the market claiming to have more than 15% per month. What do you think of that?
5% consistently and you’re wealthy. That robot is crap, as are all robots.
Definitely a good return.
This is a very subjective topic, everyone has a different opinion, but I think that to be considered a good return it has to be at least twice of what the banks and other institutions offer you on a yearly basis, so the risk and effort could be considered worthy.
And I second the robot crap thing, you can perform way better by yourself.
> Rate of Inflation would count as “great” return, I guess.
For me trading forex to make he rate of inflation just doesn’t make any sense.
My view is that anything between making and losing 100% in a day is possible.
I see no reason why an experienced full time trader with a good system would not make up to 25% per week consistently, OK yes it’s ambitious, but what I’m saying is that it’s possible. I remember making over 50% profit in 1 day, but that kind of thing was not sustainable.
Me, I get a little disappointed if I’m not making 5% a week.
So 20% a month is realistic. wow.
Surely you jest. 25% a week consistently is like saying you can take 100 bucks and literally turn it into 10 million dollars in one years time. Not very likely.
Even 5% a week is a tall order. That’s increasing your bankroll 10 times over each year.
2-5% a month is something sustainable over years and years. And it beats the bank by more than enough to make it worth your efforts.
I do like to jest, but not in this case, 25% I agree, not likely but possible, definitely.
I think 5% is something that should be aimed for, if traders generally agree that you should not risk more than say 2% per trade, I would expect that the return you would expect to be 4 - 5%, so 1 winning trade per week would see you get that, with a 2:1 win/loss would see a similar return, I trade small pips high leverage and like to get 15+ pips a week which sees me close to 5%.
There’s a difference between thinking and knowing. There’s also a difference between expectation and realization.
You can say you’ll achieve that until your face turns blue. That’s not impressive at all.
In a year from now, tell me you’ve multiplied your account by 10 times, which you’re stating you can achieve, then I’ll be impressed.
Hell, I’ll even give you my entire networth to trade for a 10 fold return in a given year. You can even keep half of all the profits.
You are right, I keep a blog and if you just look at that you will find that I don’t make 5% a week like clockwork, especially recently, it’s been a bit lean, I won’t have 10 times my account, if you understood my money management plan you will see that how you withdraw money from the plan, will affect the profitability.
But as a ball park there is a consensus 2% risk on trade is a sensible viable and quite common and equally that a 4 - 5% return on such a trade can be expected at this risk, a 2:1 win/loss ratio is sensible and 3 trades a week is sensible.
40% a month is great return, 20% is still very good, 10% you can easily live off of once your grow your account, 5% you will still be wealthy, just might take some time, lower than 5% a month I wouldnt bother trading forex. You’d be better off trying to create reproducing money and hope two 1$ bills mate and create kids haha.
Oh, unless you have a 100,000$+ account, then 5% would be nice 
Even if you can get 1 percent it’s still extremely worth it to trade forex. That alone still beats out most conventional investments’ ROI.
40% a month isn’t only just great. It’s so incredibly great that’s it unheard of. I’ve yet to meet anyone who can pull that type of profitability off on a consistent basis.
I’m getting the impression that very few traders truly understand the compounding nature of forex. You do not need a massive percentage growth every month to create wealth, nor should you attempt to achieve such goals. It’ll lead to failure and busted accounts more times than not.
It blows my mind that you stated you wouldn’t even bother trading if you’re making below 5% a month. Are you, yourself, achieving such feats? Please, do not answer that question as your profitability or perhaps lack thereof is none of my business. I’m just wanting you to put things into proper perspective for yourself.
If anyone is pulling 20%+ percent returns a month on a consistent basis, then they are clearly overtrading. They will… I repeat… they will eventually bust their accounts if they do not get to a point where they lower their risk.
Consider this for a moment. There was a man who was able to achieve a 12% return on investment year over year over year. His returns were so impressive, that investors flocked to get a part of such a great return. His empire grew to the billions as he continued to return a 12% annual ROI, despite any external economic influence.
This man, despite all his success, sits in a prison cell. He will be there for the rest of his life
It was all a lie. His name… Bernie Madoff.
And all he was promising was 12% returns annually. You can get people to invest billions of dollars into you with nothing more than a consistent 1% profit every single month. And here you guys are talking of 20% returns monthly.
Can you understand why I question where your mentality lies with proper risk management?
I understand and I sympathise with your frustrations, but if you persevere I promise 20% is achievable.
Aww come on guys. As someone said at the start of this thread, everyone is going to have their own opinion on what is achievable / has been achievable. Please let’s not argue about this age old issue of contention!
Let’s agree to disagree and say, the sky is the limit but you are better off having a target that you can comfortably achieve - whatever it may be.
There are two different kinds of investing though, passive and active…
The 12% Madoff was claiming was passive investing. You could give him your money, and through no additional effort on your part, make 12% per year (or so he said). That is an incredible return!
Forex, assuming you are doing the trading yourself, is an active form of investing. If you want to be at the beck and call of your charts 24 hour a day, 5 days a week, then you can certainly make 20% per month. I know, cause I’ve done it… The only problem is that after a couple months you want to kill yourself because you’re literally staring at a computer screen for 100 hours per week. 
Comparing a passive form of investing to an active form (where the harder you work and the more you learn the better you’ll do) isn’t really fair.
I’ll go along with that, a lot of people are too focused on what others are saying and can achieve, what’s most important is that you’re achieving what you want to achieve, I know I can make a bigger profit than I am, but my approach has other benefits. If you’re getting what you want out of it then it’s OK.
I aim for 10%/month risking 1% per trade. I find it’s a lot easier to take those gutsy 10R trade ideas when I’m risking such a small percent of my account.
you can make as much as you risk to lose.
if you can make 5% per month trading one pair then you should be able to make 50% per month trading 10 pairs… but sometimes your exposure to the market will be 10x bigger…
i´ve made already more than 50% per month, but i know that my exposure to the market is big and in a really bad losing straight it will cost me alot.
I would, but then I wouldnt bother trading forex unless your adequately capitalised, but hey what do I know ? 
If you could show a consistent return of 2% a week for a long period with very small or even better no drawdowns, it would put you among the top traders in the world. Companies like Citi and Goldman Sachs pay such people in the order of $5-$50 million a year for such work. Some who have longer track records make much more, in excess of $100 million per year. The key is consistency and very low or no draw downs. Something to think about. Especially think about the no draw downs part.
Happy Trading