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TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
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BluePanther

Member Since Jan 25, 2010  1299 posts Matt (BluePanther) Feb 06 at 12:14
Kalamo posted:
I never GUARANTEE a specific percentage of level of return each month, I just say it is a POSSIBILITY (Like the thread title). If you ask the whole world in Forex and make this thread public you will see that more people than you think do achieve these kind of results.

...

I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.


The POSSIBILITY of 5-10% per month: I hope to achieve this dream!
The GUARANTEE of 5-10% per month: I hope to achieve this dream also!

Isn't this the Holy Grail that every trader seeks?
Who said the Holy Grail doesn't exist? cool

'The AMOUNT of money you have does not matter; what matters is the SYSTEM you use. No AMOUNT of money can save you if you have a bad SYSTEM. Conversely, if you have a good SYSTEM you can start with a small AMOUNT and easily become rich.' (Matthew Todorovski)





Timestamp: 08:07am Feb 6, 2020.
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RKSA

Member Since Jul 08, 2014  8 posts RKSA Feb 06 at 16:00
My aim is 3 - 8% per month. In reality my average gain is just over 3% per month for the last year. Yes, it's a live account (available on Darwinex for investment, search for ZAB). I'm sure many will critique the strategy, but please do post you real account results at the same time so we can all see what's possible and learn in the process.


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Treeny

Member Since Feb 08, 2019  126 posts Treeny Feb 08 at 17:47
That's more like it. 3% per month is great going, well done. Feel free to share your strategy grin

camerongill

Member Since Aug 16, 2011  75 posts BankingOnBullion (camerongill) Feb 08 at 23:09
The key to 5%-10% per month in my opinion is...
- STRATEGY: having black & white rules when to get in and out of trades
- PATIENCE: not getting into trades for the sake of trading
- TIMING: this includes avoiding volatile trading sessions
- PSYCHOLOGY: not crapping your pants when the trades go against your position
- ACCEPTANCE OF LOSS: knowing when you have the trade wrong and then taking time out to re-assess your strategy
- RISK / MONEY MANAGEMENT: having lot size rules that are realistic
- RESPECT FOR MARKETS: if the markets are not respected, they will not respect you



the developer of the Gold Trader trading strategy...
RKSA

Member Since Jul 08, 2014  8 posts RKSA Feb 11 at 06:44
@Treeny thanks :-) pretty much what @camerongill said. I trade on daily charts, support and resistance, with pending orders. Average of about 6 to 12 trades per month. Nothing fancy.

Treeny posted:
That's more like it. 3% per month is great going, well done. Feel free to share your strategy grin

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