Is 8% per month enough?

We need to see how much money we can get from our fixed term bank deposits and anything above that can be acceptable option and 8% in forex trading plus compounding effects every month can have optimal results in the long term.

8% a month is what 80points a year. amazing results if you actually got it

8% a month is 150% a year.

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my mistake

Sorry to be pedantic - but if you get 8% and revalue your stakes only monthly - the return is not 96% - it’s 152% - so at the end of teh year your A/c is 2.5 times what it was at the start.

Cool return but the one thing we know about backtesting is that the results NEVER translate into real events - Spreads commisssions and “Interest” will see to that !

apologies - I posted my reply before I read the entire thread :sunglasses:

[Edit - ditto @chesterjohn & @maria_fp ]

Just revaluing the stake every month - if you revalue after evry bet - it would be significantly higher still & has the added advantage that as your account goes down - so do your stakes - so you will take longer to go bust ! :rofl:

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