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How much do you earn on forex investments? (Investors only)
Member Since Apr 09, 2019
516 posts
Member Since Aug 19, 2022
42 posts
Member Since Apr 05, 2021
28 posts
Sep 06, 2022 at 07:01
Member Since Apr 05, 2021
28 posts
I would be skeptical to give my money to someone who promises 10% every month. That would probably be a high-risk strategy with too big a risk to blow after a few months.
I'd rather give my money to someone who doesn't give any guarantees and can provide a decent track history.
I'd rather give my money to someone who doesn't give any guarantees and can provide a decent track history.
Ask, and you will receive; seek, and you will find; knock, and it will be opened to you.
Sep 15, 2022 at 07:03
Member Since Sep 30, 2014
20 posts
Adamandeve posted:
I would be skeptical to give my money to someone who promises 10% every month. That would probably be a high-risk strategy with too big a risk to blow after a few months.
I'd rather give my money to someone who doesn't give any guarantees and can provide a decent track history.
So agree with you, skeptical attitude is a must element of good investing. 10% / month is too good to be true if it can be achieved in long term. For high risk gamblers… well why don’t we try someone with 300% return this month, it is possible to find some of that lucky men 😁
Choose your fight!
Member Since Oct 04, 2022
15 posts
Oct 19, 2022 at 12:17
Member Since Oct 12, 2016
771 posts
I can say that 5% per month is okay and good if it can be achieved long term without high drawdowns. Because 5% per month means around 60% per year which usually even the top hedge funds of the world like BlackRock and Renaissance struggle to achieve all the time.
So if anyone can make more than 5% per month consistently for 2 to 3 years with low drawdowns, then he can open hedge fund and compete with the top hedge funds of the world in no time:))
It's very much common sense to understand and so please do some search before investing in false promises since most of the newly established forex brokers offer such high return Ponzi schemes using PAMM/MAM accounts and accumulate enough investor funds and wipe out the balance in no time once sufficient funds are accumulated from investors. There are numerous examples in the past in myfxbook itself.
So if anyone can make more than 5% per month consistently for 2 to 3 years with low drawdowns, then he can open hedge fund and compete with the top hedge funds of the world in no time:))
It's very much common sense to understand and so please do some search before investing in false promises since most of the newly established forex brokers offer such high return Ponzi schemes using PAMM/MAM accounts and accumulate enough investor funds and wipe out the balance in no time once sufficient funds are accumulated from investors. There are numerous examples in the past in myfxbook itself.
Artificial General Intelligence
Member Since Aug 02, 2022
24 posts
Oct 21, 2022 at 07:07
Member Since Aug 02, 2022
24 posts
Income in forex trading is determined by a trader’s abilities, experience, psychology, the manner in which a trader analyses the market, as well as their knowledge. Trading in the Forex market can provide a profitable income, but you must be aware that you must educate yourself thoroughly before beginning to trade. Trading is more than just making or losing money; you must be committed to your studies.
Oct 30, 2022 at 20:39
Member Since Oct 20, 2018
283 posts
Whitethroat posted:That`s impossible. Especially in long term.
I see that lately investments are becoming the best way to make money.
I was a little surprised that you can get 10% of your investments every month without knowing how to trade.
It's interesting to know what you think about that.
momchil_slavov@
Member Since Sep 13, 2022
6 posts
Oct 31, 2022 at 07:14
Member Since Sep 13, 2022
6 posts
There isn’t a fixed income for every trader. Forex trading isn’t like a regular 9-5 job that pays you a fixed salary. Here your gains are the results of your skills, knowledge, and your trade selection. Don’t be concerned about how much you can make, focus on developing skills and gaining expertise.
Member Since Aug 05, 2021
394 posts
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