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Is 35%+ per month sustainable?

forex_trader_1641092
Uczestnik z Jun 17, 2020
16 postów
Uczestnik z May 13, 2020
119 postów
Aug 12, 2020 at 09:05
Uczestnik z May 13, 2020
119 postów
In any case, there will be fluctuations and stability is not visible here.
Uczestnik z Feb 12, 2020
11 postów
Uczestnik z Jul 19, 2020
310 postów
Aug 12, 2020 at 11:07
Uczestnik z Jul 19, 2020
310 postów
Don't focus on how much percentage you are gaining. Focus on what your strategy and trading psychology says to you. Market doesn't behave same way all the time. For some month your strategy may allow you to get 10% some months it could be 40% in some months it could be break even. So a specific target per month can make you restless and as a result you could lose more.
Uczestnik z Jan 16, 2014
401 postów
Aug 13, 2020 at 06:33
Uczestnik z Jan 16, 2014
401 postów
It depends how good you are. If you are a excellent short term trader, 35% is certainly doable.
Uczestnik z Jul 20, 2020
172 postów
Aug 14, 2020 at 17:32
Uczestnik z Jul 20, 2020
172 postów
I think consistency is the main thing. If you can mke the profit consistently it is very profitable.
Uczestnik z Jul 23, 2020
816 postów
Sep 28, 2020 at 00:44
Uczestnik z Jul 23, 2020
816 postów
Michihito posted:
Don't focus on how much percentage you are gaining. Focus on what your strategy and trading psychology says to you. Market doesn't behave same way all the time. For some month your strategy may allow you to get 10% some months it could be 40% in some months it could be break even. So a specific target per month can make you restless and as a result you could lose more.
Good tips. However, target can motive trader. It is kind of positive trading psychology.
Uczestnik z Jul 19, 2020
742 postów
Sep 28, 2020 at 00:57
Uczestnik z Jul 19, 2020
742 postów
The price movement in the Forex market is not always the same. Due to which the profit does not always come somehow. You are targeting 35% but it may not come in any month due to volatility. Then you have to be happy with 10-20%. If you are not happy with it and want to earn a 35% profit, it is very harmful to trading.
Uczestnik z Jul 19, 2020
749 postów
Sep 28, 2020 at 12:32
Uczestnik z Jul 19, 2020
749 postów
@LyudmilLukanov yes having target is motivating. But the target should be long term. Like 3 months target. It gives us space. Short term target can create pressure and be the reason of over trading.
Uczestnik z May 24, 2020
102 postów
Sep 28, 2020 at 14:02
Uczestnik z May 24, 2020
102 postów
Some people usually take short-term goals and think that thanks to this they will be able to motivate themselves as much as possible, but they are wrong.
Uczestnik z Jul 19, 2020
283 postów
Sep 28, 2020 at 18:41
Uczestnik z Jul 19, 2020
283 postów
Making profit consistently is a difficult job in forex market. But if you have proper knowledge and experience, it is possible to earn a fixed target from this market. But for that, you have to work hard.
Sep 28, 2020 at 19:37
Uczestnik z Feb 20, 2019
12 postów
How would you define sustainable? If you are talking about years after years then no, the account will get blown up.. It's just a matter of time. If anyone tell you otherwise, find anyone who can provide you with myfxbook with a reputable and regulated broker who can provide you at least 3 years of track record on that.
Sep 29, 2020 at 06:06
Uczestnik z Oct 19, 2019
10 postów
FLCFX posted:
How would you define sustainable? If you are talking about years after years then no, the account will get blown up.. It's just a matter of time. If anyone tell you otherwise, find anyone who can provide you with myfxbook with a reputable and regulated broker who can provide you at least 3 years of track record on that.
Basically it can't be a 3 years track record, because 35% monthly compound any broker would kick you out ;)
Protecting your capital is more important them make more capital
Uczestnik z Jul 20, 2019
338 postów
Sep 29, 2020 at 09:11
Uczestnik z Jul 20, 2019
338 postów
The most safe way to trade is making something between 0.5% and 9.5% per month over a few years, and also not withdrawing all the profits at once.
patience is the key
Uczestnik z Jul 23, 2020
816 postów
Oct 30, 2020 at 17:51
Uczestnik z Jul 23, 2020
816 postów
marco_mmbiz posted:
The most safe way to trade is making something between 0.5% and 9.5% per month over a few years, and also not withdrawing all the profits at once.
I think 0.5 is too low. I recommend newbie 3-5% per month return. if you can achieve that, then aim for 10%.

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