Hi,
I'm a stock swing trader but I don't know much about forex...
What is a decent monthly % return for a forex managed account service?
I read 15%DD with a 20% a month return is possible, is this possible?
Does anyone have good, trustworthy managed account services with decent return vs DD/risk?
Thanks in advance!
I'm a stock swing trader but I don't know much about forex...
What is a decent monthly % return for a forex managed account service?
I read 15%DD with a 20% a month return is possible, is this possible?
Does anyone have good, trustworthy managed account services with decent return vs DD/risk?
Thanks in advance!
Humberttim
Member Since May 20, 2019
5 posts
May 21 2019 at 05:51
20% a month seems high for Forex. A handful of percent is more likely but it will depend on risk profiles just like in equities
Average 5-10% is a good return, anything above it is a bonus...
Be a Sniper. Managing Accounts. Feel the growth.
togr
(togr)
Member Since Feb 22, 2011
4862 posts
May 22 2019 at 07:38
K0ZZM0 posted:
Hi,
I'm a stock swing trader but I don't know much about forex...
What is a decent monthly % return for a forex managed account service?
I read 15%DD with a 20% a month return is possible, is this possible?
Does anyone have good, trustworthy managed account services with decent return vs DD/risk?
Thanks in advance!
1. For short term you can make 100% a day/week/month but with such risk it is inevitably leading to loss
2. Long term [years] I would say 5% on average
3. Always trust only persons with results verified here on MFB
Find out the average return FX traders can earn & how they achieve this. ... like 'Forex monthly return', you may stumble into some outlandish account statements ... proper capital management and correct strategy application can lead to high returns. ... the average Forex monthly return is between 1 to 10 per cent per month.
20% profit with 15%DD doesn`t sounds me real or long term. More real will be 10% profit with DD around 30% may be.
momchil_slavov@
5% is amazing. 20% not possible in the long run IMO
If I was you, I would analyse yearly % returns and work out the average (+ average % drawdown throughout that period). In my mind, a 15% drawdown is just too large (my opinion). Aiming for an x% monthly return puts unnecessary pressure on a trader, which may lead to him or her forcing trades. You never know what will happen, it's wiser to manage your drawdown.
trendfollowers
Member Since Dec 22, 2015
276 posts
Jun 03 2019 at 11:31
Like mentioned above here. Anything over 5% will not likely be long term. This is my golden figure is 3-8% a month. With a comfortable drawdown. It can go higher, but so will the dd.
If you want to go fast, go alone. If you want to go far..Go together..