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Reasonable monthly/ annual returns
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 19:28
I am aiming at this and somewhat higher at my account. I have no $1 mil and hopefully I will be able to start building my own account up starting March 2011 by adding monthly $ and trading it up. when I can make 5-6% consistently with 1% risk per trade I will be looking for investors as well. It doe snot matter what size of account until it is a really big one. The most important is consistency and risk control.
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 19:33
I think people here should not forget that I am only 2 years and a couple of months in this business at all. I am still learning and improving. same time last year I was struggling to make 1-2% monthly and 2% DD was a horrible thing to me. Now I had up to 7% months, vast majority of my months are profitable and October would have been 10-12% month had I closed my winning positions in full instead of closing half and moving stop to BE.
I have tendency to sabotage my results like it happened in November. What I need to do is to reduce mistakes and also reduce DD in losing months plus improving overall performance.
I have tendency to sabotage my results like it happened in November. What I need to do is to reduce mistakes and also reduce DD in losing months plus improving overall performance.
Členom od Nov 18, 2009
708 príspevkov
Dec 13, 2010 at 21:24
What is a really big account? In other words, what's the range where size does not matter? From-to?
Elemental question ...
Elemental question ...
Chikot posted:
It doe snot matter what size of account until it is a really big one.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 21:28
I would say $100 000 - $2 000 000 would not have liquidity problems if to trade with 1% risk per trade and stop of 40-100 pips.
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 21:35
I enter only with limit/ stop orders.
Členom od Nov 18, 2009
708 príspevkov
Dec 13, 2010 at 21:40
I see, you're talking about the technical side. I meant the mental side - there may be a difference between a cents account and a bigger one. You may meet people who pay more for their car insurance than your entire trading capital. And you may meet ones who spend less on food than your average losing position.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 22:25
I see, no , no problem on mental side. I know that what matters is %. As long as I follow proper risk control/ money management I will be fine. I trade money I cannot afford to lose for now. Hopefully I will start adding money monthly to my account starting march. knock the wood. I would really love to trade bigger amount of my own money.
Členom od Nov 18, 2009
708 príspevkov
Dec 13, 2010 at 23:46
I like confident people and I like optimists too. And you sound like a confident optimist. Can't be bad.
I envy you if you have no mental problems - one sane person in this crazy world. 😄
But be careful with serious trading - it can become a 9-5 job easily. And where's the freedom them? 😄
I envy you if you have no mental problems - one sane person in this crazy world. 😄
But be careful with serious trading - it can become a 9-5 job easily. And where's the freedom them? 😄
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Jan 14, 2010
2279 príspevkov
Dec 13, 2010 at 23:50
:) It is not bringing me any money yet, but it is already 12-7 job for me.
Členom od Jan 14, 2010
2279 príspevkov
Dec 14, 2010 at 00:54
Man , I love this tune and clip. 80's, there was no better time!
speki posted:
I like confident people and I like optimists too. And you sound like a confident optimist. Can't be bad.
I envy you if you have no mental problems - one sane person in this crazy world. 😄
But be careful with serious trading - it can become a 9-5 job easily. And where's the freedom them? 😄
Členom od Nov 18, 2009
708 príspevkov
Dec 14, 2010 at 08:40
Chikot posted:
Man , I love this tune and clip. 80's, there was no better time!
I'd disagree, "now" is always the best time - but yeah, the 80s weren't bad either. Here's a triplet just for you. I have an unbeatable playlist. Paaaaarrrrttttyyyytiiimmmmeeee!!!!!
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
forex_trader_1819
Členom od Oct 18, 2009
212 príspevkov
Dec 15, 2010 at 07:35
speki posted:
I have an unbeatable playlist.
Even if you say so yourself although that's debateable especially when you get Jason Donovan out.
forex_trader_25172
Členom od Dec 16, 2010
6 príspevkov
Dec 17, 2010 at 15:09
Hello Chikot,
I would like to work with you. Please check my profile.
Thanks.
I would like to work with you. Please check my profile.
Thanks.
Členom od Mar 12, 2011
29 príspevkov
Mar 24, 2011 at 18:54
reasonable returns? depends on your risk you are willing to take.
for me, everything above 40% per year is outstanding.
for me, everything above 40% per year is outstanding.
Členom od May 30, 2010
62 príspevkov
Mar 24, 2011 at 21:01
(upravené Mar 24, 2011 at 21:01)
I concur with halionfx. 40% or more per year is very good. Steady 3-4% monthly is outstanding performance, if the risk profile is appropriate.
A person is only limited by the thoughts he chooses.
Členom od Jan 14, 2010
2279 príspevkov
Mar 26, 2011 at 00:16
Idorenyin, Hi, just sent you message.
Have not been here for a long time.
40% annual looks very good. everything depends upon risk.
I have had rough 2 months January and February. it is interesting how change of schedule influences trading. Currently on my way back.
Have not been here for a long time.
40% annual looks very good. everything depends upon risk.
I have had rough 2 months January and February. it is interesting how change of schedule influences trading. Currently on my way back.
Členom od Nov 02, 2009
91 príspevkov
Mar 26, 2011 at 02:31
I made an EA wich give me 20% - 30% profit per month with 10% - 15% DD.
is this EA still to risky for me to invest ... ? 😕
is this EA still to risky for me to invest ... ? 😕
Try not to be greedy trading with no emotion
Členom od Jan 14, 2010
541 príspevkov
Mar 27, 2011 at 08:44
Touareg posted:
I made an EA wich give me 20% - 30% profit per month with 10% - 15% DD.
is this EA still to risky for me to invest ... ? 😕
Just lower the risk appetite to test it with real money. In any case, yes, that is very risky in terms of a long term trading system, in my opinion.
Členom od Jan 09, 2011
21 príspevkov
May 05, 2011 at 03:47
When this comes to me, usually I would be asking what is the risk appetite.
If you are risking your account at 10% equity, i would say a gain of 2%-5% per trading month is very ideal.
If you are risking your account at 50% equity, i would say a gain of 20-30% per trading month is very ideal.
For investment type of account, I would normally apply a compounding concept to it.
+5%-10% per month is usually my target for exposing 10-15% of my equity to risk.
A consistent +5% a month yields more than +500% in 3 years. That beats most of the other available investment engine in the market !!!!
If you are risking your account at 10% equity, i would say a gain of 2%-5% per trading month is very ideal.
If you are risking your account at 50% equity, i would say a gain of 20-30% per trading month is very ideal.
For investment type of account, I would normally apply a compounding concept to it.
+5%-10% per month is usually my target for exposing 10-15% of my equity to risk.
A consistent +5% a month yields more than +500% in 3 years. That beats most of the other available investment engine in the market !!!!
T1FX, Making Money Is Automatic
Členom od Oct 30, 2010
18 príspevkov
May 16, 2011 at 06:29
How about risking 10% to get 20-30% per month :
http://www.myfxbook.com/members/mcyoyok/project-4/103900
Its hard to break 10%...even 20% equity, just take a look :)
See other portfolio also.
cheers
http://www.myfxbook.com/members/mcyoyok/project-4/103900
Its hard to break 10%...even 20% equity, just take a look :)
See other portfolio also.
cheers
Gone With the Wind
