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? 😎
'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)
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.
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
If you have a good trading strategy that uses a 4:1 profit to loss ratio I think you can have consistent gains in the long run. In Forex trading you need to have an edge to win in the long term. A lot of trading systems crash and burn. It is very hard to be a winning trader, but if you keep at it you will succeed. For me it has been over 5 years.
sublimemarkets posted: Hello, The Answer is NO there is no such thing.
1) Even if consider the most riskier investment available which is Venture Capital, the average return is 20 percent per YEAR. 2) there isn't any investment that guarantees a stable return if there is then the returns will be very very low.
People that argue that it possible ether don't know what they talking about or just bluntly lying.
leverage accounts might show 5-10 percent return but this very artificial you can check my account and see it. but the reality is when you leverage it means that much bigger capital is involved for example:
1) Your account balance is 1000 EUR. 2) let's say you buy one lot EURUSD which means 100 K EUR. 3) you make 1 percent profit which means 1000 EUR. 4) your balance now is 2000 and 100 percent profit.
in reality, you just made 1 percent.
Clearly hasn't reviewed some of the performance achieved by other members here!
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.