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Is it possible to get 30% profit every month?
Mitglied seit Feb 22, 2011
4573 Posts
Jun 18, 2015 at 07:26
MTexpert posted:
Is it possible to get 30% profit every month?
It is even possible to do 100% profit within 24 hours.
The question should have read: Is it possible to achieve 30% profit/month, long term, consistently and with low DD?
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jun 19, 2015 at 13:19
i agree, it is very tricky and unstable. Depends as well of a real or demo account.
Mitglied seit Oct 11, 2013
769 Posts
Jul 02, 2015 at 00:56
Very interesting returns by Trora.
Mitglied seit May 04, 2012
1534 Posts
Jul 02, 2015 at 06:03
(bearbeitet Jul 02, 2015 at 06:05)
alexforex007 posted:
Very interesting returns by Trora.
The -99.5% DD in January of 2015 is 'strangely' missing from the screenshot.
It can be seen via this link: http://www.myfxbook.com/members/trora/trora-gold/1207943
So the obvious manipulation with the shown results is really 'very interesting'.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Mitglied seit Jul 28, 2014
13 Posts
Jul 02, 2015 at 08:53
I would rather try my best to follow my trading plan, while keeping my sight on unusual drawdown in the trading system. 3% per month on average would be enough for me.I'm not here to make quick buck.I'm here to stay.Seen guys spouting stories about how he can make 100% return daily/monthly.And a few days/weeks later he's gone. And i'm still here with my unrealistically small return.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 02, 2015 at 14:25
Actually I think 30%/month is possible, but the real and more important question is how to keep such a performance every month
Mitglied seit May 20, 2011
694 Posts
Jul 03, 2015 at 14:54
30% profit is next to impossible target. To get exactly 30% every single month is a pipe dream! You every look at a currency pair chart? Goes like a massive crazy zig zag. How do you expect to extract perfect 30% in less than 30 days ?!?! Martingale ? Maybe but exactly 30% is stupid. You need to look at what the average return from longer term, etc. you get 15%one month, 25% next -1%, 50% then take the mean from those. Trading forex and 30% every single month is silly. Sort of like saying this is a job where I am going to go and make x amount today.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 04, 2015 at 20:08
I agree
Jul 06, 2015 at 06:44
Well, i searched a lot in internet, a Pamm account, that manage my funds.... I tried and loose a lot some money. I used, Forex Envy (solaris) pamm account in the past, and others, and i have not found anything suitable for me....
I am still searching.... and searching...
I am still searching.... and searching...
Mitglied seit Feb 04, 2012
80 Posts
Jul 06, 2015 at 12:39
Paola posted:
Well, i searched a lot in internet, a Pamm account, that manage my funds.... I tried and loose a lot some money. I used, Forex Envy (solaris) pamm account in the past, and others, and i have not found anything suitable for me....
I am still searching.... and searching...
@Paola
http://www.myfxbook.com/community/experienced-traders/5-average-monthly-profit-for/494885,46#?pt=2&p=1&ts=452&o=494885
You are not alone...
Mitglied seit Jul 28, 2014
13 Posts
Jul 06, 2015 at 14:03
Paola posted:
Well, i searched a lot in internet, a Pamm account, that manage my funds.... I tried and loose a lot some money. I used, Forex Envy (solaris) pamm account in the past, and others, and i have not found anything suitable for me....
I am still searching.... and searching...
All i can say is, try and learn everything there is to know about Forex on your own. There's no need for Money managers who use questionable risk management, who barely know what they are doing. You only need books, common sense and self control. The idea is to manage your drawdown and get over it without blowing up. And that's the most the difficult part of trading and the only certain part of trading.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 06, 2015 at 14:03
Paola, may be it is good time to start trading by yourself 😄 ?
Mitglied seit Oct 11, 2013
769 Posts
Jul 06, 2015 at 20:05
Yes, one must learn how to trade on your own, at least you will be only one responsible.
Mitglied seit Dec 09, 2011
72 Posts
Jul 09, 2015 at 01:05
Yes it's possible to average 30% a month. http://www.myfxbook.com/members/andyl913/vsasyndicate-trading-journal/1225124
Mitglied seit Jul 28, 2014
13 Posts
Jul 09, 2015 at 06:21
andyl913 posted:
Yes it's possible to average 30% a month. http://www.myfxbook.com/members/andyl913/vsasyndicate-trading-journal/1225124
i hope i can still see those account for another 3 to 4 months.
forex_trader_186239
Mitglied seit Apr 15, 2014
224 Posts
Jul 09, 2015 at 11:12
Parmenides posted:andyl913 posted:
Yes it's possible to average 30% a month. http://www.myfxbook.com/members/andyl913/vsasyndicate-trading-journal/1225124
i hope i can still see those account for another 3 to 4 months.
Yes, time factor is a powerful thing !
