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I want only a safe 4% each month... Which EA?? Thank you

Mark Harris
arry01
Jan 30 2013 at 11:43
67 poster
If you want a 4% a month you probably have good capital and i would say risk in the region of 2% per trade.

If you want to spin a large amount from a small investment id say 10% per trade, with multiple trades this obviously extends the overall drawdown risk!


jeremynet
Jan 30 2013 at 17:04
3 poster
I agree with you Mark.

That's mostly pro did.

They risk 1-2% per trade.. and find higher RR trade.

You don't risk more than 10% to gain 4%.. it doesn't work.
But to make $ in trading.. the key is 'CONSISTENCY'.

Use 1 technique and start trade it.

arry01 posted:
If you want a 4% a month you probably have good capital and i would say risk in the region of 2% per trade.

If you want to spin a large amount from a small investment id say 10% per trade, with multiple trades this obviously extends the overall drawdown risk!


Mark Harris
arry01
Jan 30 2013 at 17:11
67 poster
Hi Jeremy

Agreed. Also use small amounts to test strategies with real trades, factor successful strategies back into your normal trading plan.

Kind of what im doing with my most recent strategy here.

moerwadi (moerwadi)
Jan 31 2013 at 00:37
293 poster
yes,....i have to change my strategy,because now big pips small profit,big DD
thank,s so much mark and jeremynet ...always good trading..

jeremynet
Jan 31 2013 at 11:08
3 poster
You are welcome moerwadi. We learned from each other... learn from the pros.. and only pros will tell you the true story to become success trader..

Success trader or Pro trader in my mind... They are very disciplined and follow the trading plan 100%.

You can do a simple calculation by compounding an account with $500 makes 10-15%/m... you could literally grow your account to 6 or 7 figures in 3-4yrs.. but the crucial part is:

1. Consistency
2. Discipline
3. Follow your trading plan 100%

Can you do it? Then test your endurance with small equity..

If you can grow an account with $100 equity.. for 6 months.. very consistent 10-15%.. then fund bigger.. and keep duplicating.

If you consistent making >10% per month for years.. you are considered a Top Trader!

Unline the one can grow 1000% in a month..

So trading is same with any business out there.. just to be FOCUS + CONSISTENCY ;)

All the best all traders

moerwadi (moerwadi)
Jan 31 2013 at 11:31
293 poster
thank you so much for everything especially your comments here, jeremynet
just learning and learning that lead to success being a professional trader

regards

fxlegend
Feb 03 2013 at 17:25
4 poster
optimofx (optimofx)
Feb 04 2013 at 09:03
250 poster
Nice Equity Growth Pips Trap xDD .
FxLegend, u need more time to show an account, two week dont say too much.

Caution ¡¡ Forex market is full of scams ¡¡
mackaozy
Feb 05 2013 at 07:05
8 poster
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