Is it possible to get 30% profit every month?

Very good point of view, objective thinking, it deserves attention.

Of course it is, however I've found that to set a goal in stone, like to try to force the market to give you 30% every month, is a way of puting too much pressure on your shoulders.

Better try to use yearly goals, like... 'I'll double my account every year'

My performance is like 3- 6% every month since I use very little leverage and small risk, but drawdowns are also small, however this is the way trading make sense for me.

https://www.myfxbook.com/members/paull3000/price-action-01/1288057

William82 posted:
Yes, it's possible and not only by manual trading, but also with a few EA's...

This made me laugh.You have no clue about trading I guess and the question is really silly in general.

TrustInMe posted:

William82 posted:
Yes, it's possible and not only by manual trading, but also with a few EA's...

This made me laugh.You have no clue about trading I guess and the question is really silly in general.

It is doable, question is what risk can you and your account sustain and for how long .

here is my reply to everybody who said we can't make 30% per month here i use my own strategy and made 30% in one day so you guys observe statistics

https://www.myfxbook.com/members/GaneshFXAM/account-s67a/1364084

The question is not if its possible to make a +30% each month... really, the question is if its possible to make +30% with a low volatility.

If i make a 10% with a relative Drawdown of -20% (average)... yes its possible to do it... but insane to have a -60% of drawdown.
I've great results, but my objective now is to have a reward/risk ratio low... if i can do that... the percentage is not a problem... depending on my strategy volatility i can make a +15%, a +30% or a +80% each month... only depending on the drawdown i can accept.

To have a +30% you only need a 1/3 (reward/risk ratio average) to success... but really your risk is the entire account...
Muy tarjet is to make a 3/1 reward/risk ratio average weekly... i want to make x3 week income my max. week drawdown.

I think everyone understand the idea i'm explaining (sorry for my limited english).
Ted.

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

7% per Month is what professionals average

paull3000 posted:
Of course it is, however I've found that to set a goal in stone, like to try to force the market to give you 30% every month, is a way of puting too much pressure on your shoulders.

Better try to use yearly goals, like... 'I'll double my account every year'

My performance is like 3- 6% every month since I use very little leverage and small risk, but drawdowns are also small, however this is the way trading make sense for me.

https://www.myfxbook.com/members/paull3000/price-action-01/1288057

Your trading like a professional,good work!

Of course. It is possible to make 50%, 100%, 200%, but there are completely different levels of risks, leverage, equity and so on. Theoretically, it is possible. If your risk management provides it, why not?

krude posted:
See few minutes live demo Test Login #:92382 Invs pass: pwgu7bf brokr: https://www.forex-swiss.com/

Sorry but doesn´t work

It's even possible to do 100% per day, but it is risky
And yes I have live verified account on MFB proving this

no it is not possible

There is no limit to what you can make in one day if you call the right direction,a stock called Ariad pharma I did alot of research on rose from $2 per share would have made me $24,000 in a few days,thats nothing compared to what i would have made if i caught it falling from $23 per share,id be a multi millionaire,you can go and check its price drop,at the time they were testing a new drug which was pulled off the market because it was killing patients,but then it got approved with restrictions.

A funny example of what I did was sign up for easy forex,they had a bonus signup of £30.00 ,so i started with none of my own money,I scalped the eur/usd for a few days and trebled the account,they called me up and asked how i was doing it,lol.I had to stop then because i was going to work in a trading company and you cant trade your own account under FCA rules.

be lucky!

Any News?

actual bid is quote ' 100% per day'

no higher bids? ;-)

my personal theoretical but realistic max. is considering a low DD (2%) is about ~50%(50R) but only at ~4days in a Month when special condictions met like
1.double of the normal daily range and
2.strong trend move with no large set backs

wich system do you use kieran

depends on your system and your level of experience. I have made 40% this month so far and I have missed plenty of opportunities as I have full time job on the side. So there you go yes it is possible. But you're going to have to put in the hours.

 batchimeg90

i hav enot a partticular system
do you have a good system? that work on long term

I work on Eur/USD and the DAX ,I hedge one against the other when I see them moving in opposite direction,normally they have a negative correlation on strong moves,as the euro gets weaker it helps German exports,including car manufactures,plus Germany is seen as a pretty safe bet for investors,I check the correlation to see what's happening ,then I look at techinicals ,RSI ,PSAR,w%R,Bollinger.If there is news coming out I'll sit on the side line until I see a reaction from the figures.I keep an eye on volume levels of the DAX to see is volume increasing on a sell off or is it average.
I also look at areas of support and resistance to see where retail traders might have their stops and limits placed and wait for spikes to break through,then look to get in.I check the indexes to get a view of the direction of the market,data releases and I look at a retail indicator to see what bias they have,professional traders look at this too and usually make an opposite trade.

Be astute!

batchimeg90 posted:
depends on your system and your level of experience. I have made 40% this month so far and I have missed plenty of opportunities as I have full time job on the side. So there you go yes it is possible. But you're going to have to put in the hours.

The only times you need to be near a pc is around data releases ,opening times and cross overs and closing times,oh and when Goldman sacks hit their desks at 11.30 am.