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TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
Medlem sedan Mar 03, 2015
14 inlägg
Mar 24, 2020 at 06:42
Medlem sedan Mar 03, 2015
14 inlägg
almfx posted:Sure, consistently? every hour?, 24hrs a day? You would be a trillionaire! Love to see your account results!transhuman posted:-100% an hour is not out of reach too!
5% an hour is not out of reach!
I am for 5% because of the low risk and minimal drawdown for the bots...
Medlem sedan Mar 03, 2015
14 inlägg
Mar 24, 2020 at 06:43
Medlem sedan Mar 03, 2015
14 inlägg
maitradebk posted:I couldn't agree more!
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
Medlem sedan Feb 22, 2011
4862 inlägg
Mar 24, 2020 at 13:12
Medlem sedan Feb 22, 2011
4862 inlägg
maitradebk posted:
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
exactly you cant force markets to give you any fixed amount of profit each month
it is hard enough for human being to stick to trading strategy and not later it based on emotions
Medlem sedan Jul 01, 2015
57 inlägg
Apr 02, 2020 at 23:07
Medlem sedan Jul 01, 2015
57 inlägg
I have been running many demos for the past 5-6 months and have been slowly tweaking the EA in order to achieve great results. My hopes are to be up and running live within the next month. Below you will see the same EA running on 2 different demo accounts. One has ran for a month and tripled the account while the other was on a smaller account and has performed exceptionally well the past 10 days. Below you will see the attachments as well as the address with the others.
https://www.myfxbook.com/files/FXTrader1983/459E2347EB0742E7BA90A71110024AE7.jpeg
https://www.myfxbook.com/files/FXTrader1983/D90688E2A6EE44F7AECC180C9CCB5CFC.jpeg
https://www.myfxbook.com/files/FXTrader1983/459E2347EB0742E7BA90A71110024AE7.jpeg
https://www.myfxbook.com/files/FXTrader1983/D90688E2A6EE44F7AECC180C9CCB5CFC.jpeg
Apr 04, 2020 at 23:54
Medlem sedan Jun 22, 2015
84 inlägg
good knowledge on risk management and have a good trading strategy,then you can achieve it
Medlem sedan Apr 18, 2019
30 inlägg
Apr 12, 2020 at 17:29
Medlem sedan Apr 18, 2019
30 inlägg
It's possible for many months and I have seen screenshots like that everywhere and I do not need to see anything like that entirely and clearly anyway. But each month this is absolutely not applicable for many many things absolutely.
Medlem sedan Jan 25, 2010
1360 inlägg
Apr 30, 2020 at 05:45
Medlem sedan Jan 25, 2010
1360 inlägg
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
Sure is! But how long can one sustain this return?
Consistency is the deal-maker / breaker.
Here is my account for short-term analysis. But the problem is that the market changes, and how well will the strategy adapt to this?
iamartist posted:
Dear FX Traders.
I am not much experienced trader and also really not understand at all about Forex. I just did it simply.
From historical trading, please kindly advise if any missing important thing which I might damage my money.
Cheers.
Artist
Sure is! But how long can one sustain this return?
Consistency is the deal-maker / breaker.
Here is my account for short-term analysis. But the problem is that the market changes, and how well will the strategy adapt to this?
Medlem sedan Jan 25, 2010
1360 inlägg
Apr 30, 2020 at 05:51
Medlem sedan Jan 25, 2010
1360 inlägg
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
...every day.
...every week.
...every month.
...every year. IS THIS POSSIBLE?
If you can achieve this on a daily basis consistently, it follows then that the weekly, monthly, yearly will also be consistent.
And if such 'high' gains on a daily basis can be achieved (albeit if only temporary), then it follows by logical extension that every month could easily achieve 5-10%.
But who can share an account that demonstrates this fact unequivocally?
There are very few, and those rare systems have even failed after many months of consistent gains.
You can have consistent gains for many days/weeks/months/years, but it can vanish overnight (almost) when a Black Swan hits.
...every day.
...every week.
...every month.
...every year. IS THIS POSSIBLE?
If you can achieve this on a daily basis consistently, it follows then that the weekly, monthly, yearly will also be consistent.
And if such 'high' gains on a daily basis can be achieved (albeit if only temporary), then it follows by logical extension that every month could easily achieve 5-10%.
But who can share an account that demonstrates this fact unequivocally?
There are very few, and those rare systems have even failed after many months of consistent gains.
You can have consistent gains for many days/weeks/months/years, but it can vanish overnight (almost) when a Black Swan hits.
Medlem sedan May 13, 2019
1 inlägg
Medlem sedan Jan 25, 2010
1360 inlägg
May 14, 2020 at 08:42
Medlem sedan Jan 25, 2010
1360 inlägg
BluePanther posted:
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
...every day.
...every week.
...every month.
...every year. IS THIS POSSIBLE?
If you can achieve this on a daily basis consistently, it follows then that the weekly, monthly, yearly will also be consistent.
And if such 'high' gains on a daily basis can be achieved (albeit if only temporary), then it follows by logical extension that every month could easily achieve 5-10%.
But who can share an account that demonstrates this fact unequivocally?
There are very few, and those rare systems have even failed after many months of consistent gains.
You can have consistent gains for many days/weeks/months/years, but it can vanish overnight (almost) when a Black Swan hits.
A system that averages 30% gains per month can suffer a losing month, but overall it is still better than any other investment (and beats 5-10% per month):
May 14, 2020 at 13:39
Medlem sedan Oct 07, 2019
47 inlägg
i saw a lot of accounts in myfxbook where profit of accounts was much higher than 5-10%. it all depends on where you get the signals or how high quality ea you bought.
May 14, 2020 at 15:13
Medlem sedan Dec 18, 2019
31 inlägg
MP_89 posted:
i saw a lot of accounts in myfxbook where profit of accounts was much higher than 5-10%. it all depends on where you get the signals or how high quality ea you bought.
or how much time and effort you put on to this to develop a quality system on your own.
Jul 11, 2020 at 07:07
Medlem sedan Jun 30, 2020
90 inlägg
I think, in principle, it is possible, if, of course, there is already some experience.
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