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

Member Since Apr 23, 2019  32 posts Alexsajed May 29 at 10:44
Yes and more, just check EA Pros is added in Strategies and for Free.

togr

Member Since Feb 22, 2011  4518 posts vontogr (togr) May 29 at 12:45
iamartist posted:
Dear FX Traders.

I am not much experienced trader and also really not understand at all about Forex. I just did it simply.
From historical trading, please kindly advise if any missing important thing which I might damage my money.


Cheers.
Artist


TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
Yes it is possible. Short term.
For long term there will alsways be some losing months.

I like what I trade, I trade what I like
Javytrader

Member Since May 23, 2019  7 posts Javytrader May 31 at 06:31
being positive every month is impossible. trading is just not like that. sometimes the markets are ugly and their will be losses. But as long as the account is positive at the end of the year then all is good

trendfollowers

Member Since Dec 22, 2015  275 posts trendfollowers May 31 at 09:32
I have spent almost a decade looking for an EA or system that could do something like that. My EA and manual system library is massive. I tried thousands. Even tweaked some martingales to do quick withdrawals - In the 'almost decade' I only found a single EA and manual that I am Happy with. But like @togr says... is not all moonshine & roses.

If you want to go fast, go alone. If you want to go far..Go together..
Treeny

Member Since Feb 08, 2019  85 posts Treeny Jun 02 at 14:18
Javytrader posted:
being positive every month is impossible. trading is just not like that. sometimes the markets are ugly and their will be losses. But as long as the account is positive at the end of the year then all is good


This is true, it's all about the long term

lovethepips

Member Since Dec 05, 2016  14 posts Samuel Morton (lovethepips) Jun 03 at 11:29

It's possible if you have a healthy strategy and you are willing to take the risk i.e any strategies performance can be magnified by increasing position size.

Some months may return less than 5%, some months more than 10%, but 5-10% as a monthly average is realistic for retail traders, if you are profitable.

If I can do it, so can you
fxsc1lper

Member Since Nov 17, 2012  315 posts Fx Scalper (fxsc1lper) Jun 04 at 13:55
hahah 5-10 % is nothing ....now a days as so much market techniques and strategies are exist and traders are being so educated and experienced so they are making profit , but specially 5-10 % profit per month is nothing now a days , i can give u 5-10 % , i am making 30 % in an account average with very safe , while when i tried 100 % per week or 200 % per month , sometime some accounts got loss , and sometime i won

skype id millennium.analyst
momo3HC

Member Since Oct 20, 2018  66 posts momo3HC Jun 07 at 08:39
trendfollowers posted:
In the 'almost decade' I only found a single EA and manual that I am Happy with.


Can you share more about it?

Treeny

Member Since Feb 08, 2019  85 posts Treeny Jun 07 at 16:49
fxsc1lper posted:
hahah 5-10 % is nothing ....now a days as so much market techniques and strategies are exist and traders are being so educated and experienced so they are making profit , but specially 5-10 % profit per month is nothing now a days , i can give u 5-10 % , i am making 30 % in an account average with very safe , while when i tried 100 % per week or 200 % per month , sometime some accounts got loss , and sometime i won


30% per month? How you doing that?

kamal888

Member Since Oct 31, 2013  22 posts kamal (kamal888) Jun 08 at 13:59
Treeny posted:
fxsc1lper posted:
hahah 5-10 % is nothing ....now a days as so much market techniques and strategies are exist and traders are being so educated and experienced so they are making profit , but specially 5-10 % profit per month is nothing now a days , i can give u 5-10 % , i am making 30 % in an account average with very safe , while when i tried 100 % per week or 200 % per month , sometime some accounts got loss , and sometime i won


30% per month? How you doing that?


I agree 30% per month is very reasonable. With the right mindset and right strategy and deep understanding of the very core of economy also will help in trading, it will help in getting the confidence in trade. I have passed the final stage of trading, and I can really say the hardest part is only to think like a successful trader. That includes not too greedy or too scared and also not treating forex like a gambling arena.

If i could break it down to few components, it will be as follow

1) A working strategy that has been tested for at least 2 years(to filter out what works and what doesn't with the technique)
2) Patience, patience, patience

Once you have this 2 components your trading will be almost(not entirely) autonomous, all those hours that you spent on watching chart ticking will do the magic. You will know which direction will move next.

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