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1% a Month (de fxbookporter )

Gain : +9.87%
Drawdown 0.43%
Pips: 373.8
Transactions 23
Gagné:
Perdu:
Type: Réel
Levier: 1:30
Trading: Manuel

Discussion 1% a Month

javaboy
Nov 12 2020 at 04:14
posts 42
You can generate 12% in one month and then take a leave of full year.

marco_mmbiz
Nov 12 2020 at 08:41
posts 366
javaboy posted:
You can generate 12% in one month and then take a leave of full year.


If you can do that just do it. It's up to you. If the trader here is okay with 1%-10% per month, than just leave him doing his own thing. It's all about risk management and consistency. I've seen a lot of traders blowing up their accounts, because 10% per month wasn't enough for them (banks/brokers always win against such greedy minds). 😉

patience is the key
fxbookporter
Nov 12 2020 at 13:27
posts 23
javaboy posted:
You can generate 12% in one month and then take a leave of full year.


I like your thinking but it's not quite as simple as that. I'd lose out on the compound interest, increase my risks beyond what I'm comfortable with, and be away from the market for a long period of time and we all know things change quickly.

Still, putting my feet up for a year sounds good, I'd finally get the decorating finished.

fxbookporter
Nov 12 2020 at 13:37
posts 23
marco_mmbiz posted:
javaboy posted:
You can generate 12% in one month and then take a leave of full year.


If you can do that just do it. It's up to you. If the trader here is okay with 1%-10% per month, than just leave him doing his own thing. It's all about risk management and consistency. I've seen a lot of traders blowing up their accounts, because 10% per month wasn't enough for them (banks/brokers always win against such greedy minds). 😉


I've been out of the market for quite a while and this is my way of getting back up to speed.

Ask @marco_mmbiz says, risk management and consistency over time is key. Once I'm fully back up and running I'll be happy making 2-5% a month, rebuilding my trading capital until I can resume full time trading. There's no need to be greedy, the market will be there tomorrow, in a month, year, decades time.

DoraWalletInvest
Nov 12 2020 at 15:33
posts 123
fxbookporter posted:
DoraWalletInvest posted:
KakaForex posted:
Not agree but hope you successful


What do you mean?


I wondered as well but when I looked at their systems...


Ah yes I see it now

fxbookporter
Nov 16 2020 at 21:33
posts 23
harman007 posted:
fxbookporter posted:


Sure thing. I've only been trading 0.1 lots sizes


Good luck Brother going better I will track your trades from now and learn from you


Thank you, we can learn from each other

fxbookporter
Nov 20 2020 at 12:16
posts 23
This_is_Legit_AF posted:
hey - want to get rich quick - increase 40% month
i invest 100k lban

can yu?

Legit_af


Definitely going to invest with someone who’s making 40% a month when their grammar and spelling is on point!
 

fxbookporter
Dec 04 2020 at 22:07
posts 23
First active trading day in December

Month Six - December 2020 - 1% Goal Achieved

Started with £528.25

Placed two trades, 2 win's (£8.96) and 0 losses (£0.00) which resulted in a £8.96 profit (1.7%).

End of October balance £537.21

My broker announced a few days ago that they are closing all retail accounts at the end of December. I assume this means I will need to set up a new system on here rather than being able to link the two accounts to one system. I will keep you updated.
For those of you who were interested, my brother’s book we pretty good, less than 100 pages and easy reading, worth checking out.
Time for a whisky

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