There are many factors that go into determining how much you can expect to make from trading, but one of the most important is your motivation. If you don't have a wealth-building goal or dream of buying a private resort, then it's not likely you'll experience much success because trading eats your capital. With a proper goal and mental strategy in place, you'll reach your goals - even if it takes longer than expected.
It depends on your skills and knowledge. In the beginning you should think of preserving your budget and working out trading strategy which will bring you the money in the future. Later on, you can aspire to making about 15-20% annually.
With the right strategy and practice, one can expect to make a small monthly profit doing trading. However, no amount of trading can turn an unskilled trader into a wealthy individual. People make a lot of money from trading, but it isn't easy to do so. The most important aspects of a successful trader are discipline and consistency.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.