Is it possible to get 30% profit every month?

Parmenides posted:

andyl913 posted:
Yes it's possible to average 30% a month. https://www.myfxbook.com/members/andyl913/vsasyndicate-trading-journal/1225124

i hope i can still see those account for another 3 to 4 months.

That's the goal. One thing I learned recently is that consistency is key. I am originally a penny stock trader and am used to making large gains in a short period of time. That's why forex is so appealing, but the high risk / high leverage trading proved to be inconsistent. Small gains can be very consistent though. I only focus on one pair, EURUSD, and I use my strategy and don't deviate from it. If only I was trading like this the past 4-5 years in fx instead of trying to master high leverage...

Maybe if you just trade Gap Sundays 😁

I think it is possible with a lot of discipline and hard work. At least it's possible to 'average' 30% per month. You can only take what the market will give...

yes of couse its possible. Our EA makes realistic profits from 100-500% monthly, no hype and Demo trading, only Real accounts. Check myfxbook to make sure!

Everything is possible.

arigoldman posted:
Everything is possible.

In DreamLand... Maybe... 30% every month means: EACH and EVERY MONTH...

Absolutely agree

offcourse its possible, but there are only 22 trading days a month not 30 like some dude wrote before.

To make 30% or more you must be an experienced trader and carfully match
- the right pair
- the right trading time (trading hours and or days)
- the right strategy
- the right money management
- the right mindset (to avoid to much psychological pressure)
these 5 components depend on each other. If you do your work carefully you can earn 30% or more,
depends on your skills.

MTexpert posted:
Is it possible to get 30% profit every month?

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platin posted:
offcourse its possible, but there are only 22 trading days a month not 30 like some dude wrote before.

To make 30% or more you must be an experienced trader and carfully match
- the right pair
- the right trading time (trading hours and or days)
- the right strategy
- the right money management
- the right mindset (to avoid to much psychological pressure)

these 5 components depend on each other. If you do your work carefully you can earn 30% or more, depends on your skills.

Agree with all the listed prerequisites... But the emphasis is on ONE CRUCIAL WORD in your last sentence: ** 'IF' **

What you can achieve or not just depends on you... the most important thing here is the mindset and discipline.

r1do posted:
What you can achieve or not just depends on you... the most important thing here is the mindset and discipline.

@r1do

Which most traders do not have... At least not here on MyFxBook...

Please, Ricardo, show me JUST ONE TRADER with the right 'mindset and discipline' supported by a verified real (i.e. not demo) account...!

@FxMasterGuru

The programm for earning money in Forex goes like this:

int money=1000;
int Profit=0;

 for (int strategy= 1; money > 0; strategy++)
   {
      If ( Profit = true) money++
   }

LoL maybe someone can write a better code

PS can you explain what 'Vouching' is and where is that button for it? :D

@platin

Yes, right...! It would be the ultimate code of the Holy Grail of Forex... I will talk to my programmer...

If you had written enough posts on MyFxBook then you can see a 'Vouch' button under my Avatar.

If you dont see it, it means you have to write some more blog comments to get the 'vouching privilege' from MyFxBook Management (or you have stolen my password, as I am the only one who cannot vouch for myself).

30% is absolutely real target and realizable. My system gives such result, but broker must be fast and fees not huge. Latency is also very important.

miomax posted:
30% is absolutely real target and realizable. My system gives such result, but broker must be fast and fees not huge. Latency is also very important.

The question is how long, especially with a MartiGrid like yours...

Lets have a look at your account in 6 months. I bet we will read: 'This account has been deleted by the user.'

For the Holy Grail , most dont find it because they dont know how it looks like ;D.
Its more a package of Grails (like a sixpack).
One part of it is the trader skill and the trust in himself.

I experienced it my self, having a proven winning system but not the trust in it can make it unprofitable.
Often the way to wisdom can be experience.

Advanced Trading Strategy using strong trading principles.

90% win rate
Average win: 7.60 pips
Average loss: -3.83 pips
Best trade: 90 pips
Worst trade: -9.7 pips

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