Hi,
If I understood wrong, please correct me. Monthly profit isn't calculated in such way now as I would like:
e.g.
start-> september 50$
september end with 100$ (profit 100%)
start->october 100$
october end with 200$ (profit 100%)
but now it's not as i think, right?
If I understood wrong, please correct me. Monthly profit isn't calculated in such way now as I would like:
e.g.
start-> september 50$
september end with 100$ (profit 100%)
start->october 100$
october end with 200$ (profit 100%)
but now it's not as i think, right?
Oct 21 2009 at 13:46
Yes you're correct, it's not calculated currently as you've shown above.
It will however be revised to the method you've shown.
Thank you.
It will however be revised to the method you've shown.
Thank you.
You are absolutely right, you need to count your monthly percentage according to your trading equity not on based your initial trading capital! By the way, nice to see your winning ratio, very impressive! I have almost 7 years trading experience and now I am trading with 15% monthly trading target!
May 15 2017 at 14:49
15% is a good amount a month. Wish I was making that!!
MadBadDangerous posted:
15% is a good amount a month. Wish I was making that!!
It’s not 15%, it’s 50% actually! Really impressive!
Aug 22 2020 at 16:20
I use 1:2 risk reward ratio. if my SL is 30 pips then my TP will be 60 pips. Some time I also use 1:3 risk reward ratio, it depend on market condition.
Calculating your profit is quite problematic, especially at the initial stages when there is a high probability of draining the deposit
The daily calculation really yields results and shows the full picture.
Yes, it is not calculated like that. It has been modified a little.
Oct 15 2020 at 05:03
The winning ratio looks good, just keep a tract of your monthly trading equity and profits. Keeping a check is difficult but is advisable.
Nov 09 2020 at 10:06
I don’t understand how people get to make 50-100% profits on a weekly basis. I find it hard to even make 10% on a weekly basis. I know that I have been trading for only 2 years. But I just want to know if they are doing anything extraordinary.
Nov 09 2020 at 12:36
Try to keep a check on your profits. I agree that you might find it difficult but this is what is advisable.
That seems like too good to be true. I’m glad if it's working for you. You must really have a profitable strategy for it.
Nov 12 2020 at 06:18
PNL Calculators of brokers come in handy here.
Nov 27 2020 at 05:15
I see a lot of newbies entering the forex market with the aim of making money and failing miserably. They need to understand that money comes with the knowledge. Instead of focusing on money, focus on learning to make more money.
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