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MaxBuddy
Nov 12 2019 at 08:38
12 posts
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?

Professional4X
Nov 13 2019 at 08:39
1189 posts
MaxBuddy posted:
Hello Traders,

I believe the key of Forex Trading is Less Than 15% Draw Down with a method which can makes money, So at the end of the Month, if someone makes 5% at least or up , I believe he is a Professional Forex Trader, do you agree for that ?


High value hedge funds typically target somewhere in the 8% to 15% annual ROI.

You should consider the annual ROI rather than a monthly ROI as it gives a better overall view of the account across a larger range of market conditions.

My own target is 25% annual ROI.

If an investor has a Live account with $400,000.00 USD and returns a annual flat ROI of 25%, that's a annual return on your investment of $100,000.00

$100,000.00 / 12 months = $8,333.00 per month

Even in an expensive city like New York, a person can live a very comfortable life on $8000.00 a month income.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
MaxBuddy
Nov 13 2019 at 18:49
12 posts
Appreciate your Comments, its really worth to improve my knowledge as well as my Trading Pattern.

rickyb
Nov 16 2019 at 06:08
81 posts
strategy for consistent profits; been testing types many this year a long with live trading.i really tried most except range trading which i am looking at the moment.the strange thing is the most consistent one is one everyone frowns upon is a martingale. mine needs 75 trades to break even; currently 523 trades with 2 losses in 11 months.just goes to show.being super aggressive can pay off.this is demo ;but only has few levels and only needs small account.the trick is do do what no else does.;for any system;dont follow the herd.i seen people make a lot of money with no indicators;others with.ideally you should have many types of systems so trending and ranging market dont make it useless.just my view.

MaxBuddy
Nov 17 2019 at 13:36
12 posts
Thanks for your comments, If I talk about my Trading Style/System, I am not using any kind of EA, Basically my system connected with some of Ordinary Indicators, My Target is some Profits with Less Draw-down, Actually if you do Forex as what you see on MT4 chat or any other Chat, most of the time, you wont be successful, To be a Successful Trader, my Personal idea and Experience is need to see things differently

Professional4X
Nov 22 2019 at 01:00
1189 posts
The best way to make money and to keep it, is to use strict Risk Management and set realistic goals for your trading.

The one thing that sets a profitable investor apart from an investor with a blown account is RISK MANAGEMENT.

Risk Management is the #1 priority above all else.

If it looks too good to be true, it's probably a scam! Let the buyer beware.
MitraFxIndo (MitraFxIndo)
Feb 07 2020 at 18:55
23 posts
The Best is manage your profit and loss perdays
Take 1 pair you have known well and news
Single Entry and TP dan SL
Money Management and Risk Management
Open trade only for target.
If loss in target dont be silly keep trade, and you must trade tomorrow

Regards

Be Best Trader And Got Money
MaxBuddy
Feb 11 2020 at 15:24
12 posts
Appreciate about Sharing us with your Great Knowledge

Saithidor
May 13 2020 at 15:40
18 posts
Yes, I agree with that. Most people think that trading is a constant profit and successfully closed deals. But at the end of the month when we summarize the amount of profits and losses, sometimes a successful month is not to go into negative balance. And if you go into positive balance for several months in a row, then congratulations... you can be considered a professional trader! :)

Jack Smith (GlobalScalper)
May 13 2020 at 16:24
45 posts
Nothing is fixed on fx-market there's no supreme rule

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