Making 15 to 20% profit every month !!!

Dobrich posted:

Amadi posted:
Which ECN broker do you recommend? I looked into some brokers but the commissions were so high that it was better to trade with a dealing desk broker with 1 pips spread

I do not want to recommend, but I can say I've been working with IC Markets for the last 3 months. Find them good for now. But 3 months is a very short period to judge... I haven't had withdrawal request with them i.e. can't judge about it either...
Their commission equates to 0.00007 for a round-turn (less than 1 pip) and if you use a service like PayBackFX you get a cash-back of 0.00002. Effectively your round-turn commission becomes 0.5 pips.

Been with them since 2013
My favorite broker

ZenoTyrell posted:
Hi every one !

Frankly saying , I'm not a trader at all.
But one of my friend has been in this trading business for just around 6 months and
he's telling me that his boss is making 15 to 20% profit every month.

He's also asking me to invest in his team.
And he's also giving a guarantee not to lose any of my money and have a 15 to 20% profit or stable income.
He said his boss can make it even more , but he's just saying as a safe zone about this.

For me, everything he said is 'Too Good Too Be True' and even though I still can't believe it,
I want to make sure by hearing from all of you on this claim.

Is that possible ?
And if that's possible, is there anyone or anyway that can prove this could be done by some kinds of evidence.

Cos this is my friend , I don't wanna hurt him in any way but
I want to prove his boss is hiding something from him or just simply lying.
Can anyone please help me about this?
Is that possible to make Making 15 to 20% profit every month by forex trading ?

What's the average profit of a professional trader can make every month ?

( one of my friends recommended me to come here and asked about it , I hope any of you can help me )

Get some verified stats. If talks the talk get him to walk the walk. Get some stats proven to you. If he's making 15-20% whats their cut? and how much are you getting back!?! I offer 50/50 split with my clients and I have the verified public stats. So look for something a long those lines.

ZenoTyrell posted:
Hi every one !

Frankly saying , I'm not a trader at all.
But one of my friend has been in this trading business for just around 6 months and
he's telling me that his boss is making 15 to 20% profit every month.

He's also asking me to invest in his team.
And he's also giving a guarantee not to lose any of my money and have a 15 to 20% profit or stable income.
He said his boss can make it even more , but he's just saying as a safe zone about this.

For me, everything he said is 'Too Good Too Be True' and even though I still can't believe it,
I want to make sure by hearing from all of you on this claim.

Is that possible ?
And if that's possible, is there anyone or anyway that can prove this could be done by some kinds of evidence.

Cos this is my friend , I don't wanna hurt him in any way but
I want to prove his boss is hiding something from him or just simply lying.
Can anyone please help me about this?
Is that possible to make Making 15 to 20% profit every month by forex trading ?

What's the average profit of a professional trader can make every month ?

( one of my friends recommended me to come here and asked about it , I hope any of you can help me )

your friend might be right but then ask him for proof. Me on my own I have the proof that you can make 15% and above, I have proof up to a year

nick3232 posted:
possible but for a short period of time and exposing yourself to a high risk of losing it all

Exactly

That`s absolutely possible. Well, not be easy but possible. Even in longer period.

IMO, 3% to 5% ROI consistently is more sensible than 15% every month. 15-20% is possible however should go out on a limb by expanding the exchange measure which isn't fitting , regardless of how great a system is.

Its possible.. But should average 10% a month...

Guys,

if you say something is possible you should provide proof.
Otherwise you are not talking like a man.

I can say I have accounts with average monthly profit 3-4%, These accounts had already made 300+ percent.
And here is the proof.

AvizO posted:
Its possible.. But should average 10% a month...

Yeah 10% is fair enough.

ZenoTyrell posted:
Hi every one !

Frankly saying , I'm not a trader at all.
But one of my friend has been in this trading business for just around 6 months and
he's telling me that his boss is making 15 to 20% profit every month.

He's also asking me to invest in his team.
And he's also giving a guarantee not to lose any of my money and have a 15 to 20% profit or stable income.
He said his boss can make it even more , but he's just saying as a safe zone about this.

For me, everything he said is 'Too Good Too Be True' and even though I still can't believe it,
I want to make sure by hearing from all of you on this claim.

Is that possible ?
And if that's possible, is there anyone or anyway that can prove this could be done by some kinds of evidence.

Cos this is my friend , I don't wanna hurt him in any way but
I want to prove his boss is hiding something from him or just simply lying.
Can anyone please help me about this?
Is that possible to make Making 15 to 20% profit every month by forex trading ?

What's the average profit of a professional trader can make every month ?

( one of my friends recommended me to come here and asked about it , I hope any of you can help me )

That is not impossible.
however it is really very difficult.
Be careful.

Well , i believe making 15 – 20 % profit would depend on the type of trader his boss is . If he is an expert and has a good experience , then its believable . One thing that is sure is making this profit each day is hard to believe . He might be making it in a month or so .you need to question him and clarify your doubt and ask for some proofs before getting into something like this .

steve_25 posted:
Well , i believe making 15 – 20 % profit would depend on the type of trader his boss is . If he is an expert and has a good experience , then its believable . One thing that is sure is making this profit each day is hard to believe . He might be making it in a month or so .you need to question him and clarify your doubt and ask for some proofs before getting into something like this .

Such results are not achieved anywhere. Imagine doing 15% monthly.
Investing $10,000 in January would mutiply to around $50,000 in Dec.
Why would anyone need to share such profit?

Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Q_FxTrader posted:
Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Please provide some kind of proof for these claims.I am very sceptical that consistent double figure growth per month is possible

Chikondi posted:

Q_FxTrader posted:
Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Please provide some kind of proof for these claims. I am very sceptical that consistent double figure growth per month is possible

You can keep monitoring this account while it grows and also, keep a track of my profile where I might add few more accounts. I don't care about 15% per month and my targets are much higher and hence, risk taken is also higher.

But if you are expecting a guaranteed 15% per month and each and every month, then that is not possible at least for me, because nothing is guaranteed in this world especially in forex, but definitely possibility is there.

Q_FxTrader posted:

Chikondi posted:

Q_FxTrader posted:
Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Please provide some kind of proof for these claims. I am very sceptical that consistent double figure growth per month is possible

You can keep monitoring this account while it grows and also, keep a track of my profile where I might add few more accounts. I don't care about 15% per month and my targets are much higher and hence, risk taken is also higher.

But if you are expecting a guaranteed 15% per month and each and every month, then that is not possible at least for me, because nothing is guaranteed in this world especially in forex, but definitely possibility is there.

That's why you don't have long term account because it is not achievable long term.
I can make even 100% profit (yes I did so) during 24 hours. But risk is too high to use it for serious long term investment.

togr posted:

Q_FxTrader posted:

Chikondi posted:

Q_FxTrader posted:
Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Please provide some kind of proof for these claims. I am very sceptical that consistent double figure growth per month is possible

You can keep monitoring this account while it grows and also, keep a track of my profile where I might add few more accounts. I don't care about 15% per month and my targets are much higher and hence, risk taken is also higher.

But if you are expecting a guaranteed 15% per month and each and every month, then that is not possible at least for me, because nothing is guaranteed in this world especially in forex, but definitely possibility is there.

That's why you don't have long term account because it is not achievable long term.
I can make even 100% profit (yes I did so) during 24 hours. But risk is too high to use it for serious long term investment.

Making long term profit doesn't mean trading in the same account for long term. There is no correlation between them.

For me only making profit long term matter and it doesn't matter how many accounts I use to make profit.

Long term trading performance in the same account might be required to get a job in hedge fund or to get a PAMM account in a broker. But I don't see forex trading as a job and only making profit and withdrawing profit regularly matters.

Also, making 100% profit in 100 pips is completely different than making 100% profit in 10,000 pips. These are completely 2 different scenarios.

Making 100% with 100 pips is highly risky and is highly unlikely to repeat after certain period of time since the trader is risking high per profit pip. But making 100% with 10,000 pips is completely safe if someone knows how to trade and make 10,000 pips a month with less than 50% to 60% maximum drawdown since profit per pip is low.

That is what I mean when I say 15% per month is very easy to achieve and it is very much possible to achieve in a month. But it is not necessary to trade in one account, because always broker comes into play once a account starts to make consistent profit.

I have experience with almost each and every forex broker regulated and ECN brokers who tend to apply all kinds of techniques to freeze the account or trades just at the right moment when trades are open to make the account blow out. Some brokers even go much deeper to give delay times up to minutes while trade executions.

Anyway, I will let this account run and see how it goes after few weeks or months.

Ask him now! They are not telling you the true story! Since, making fixed income ratio is quite impossible here! Because, Forex is all about the probabilities!

Q_FxTrader posted:

togr posted:

Q_FxTrader posted:

Chikondi posted:

Q_FxTrader posted:
Well, 15% to 20% per month is very much possible and I can say very easy to achieve if you know what you are doing and with sufficient risk exposure of the account balance, but it may not be a guaranteed return each and every month since using higher risk means big loss is inevitable at some point in time in future.

But if you give up your algo or decrease the risk after first big loss guessing that such returns are not possible, then that is your choice or mind set and that is not the fault of the market or the algo used.

Even 100% or 300% per month is also possible with smaller account balances provided your broker offers sufficient leverage and your account is not under B-Book category in the back end of the broker and trades are executed properly irrespective of lot sizes and account balance.

So usually for larger account balance of few million USD, such return of 15% per month may be difficult because of lack of leverage or limits on lot sizes or limits on maximum open orders etc. But for smaller balances up to 100K or 500K, such returns are not impossible to achieve if you expose your account balance with higher risk and higher drawdown levels.

Please provide some kind of proof for these claims. I am very sceptical that consistent double figure growth per month is possible

You can keep monitoring this account while it grows and also, keep a track of my profile where I might add few more accounts. I don't care about 15% per month and my targets are much higher and hence, risk taken is also higher.

But if you are expecting a guaranteed 15% per month and each and every month, then that is not possible at least for me, because nothing is guaranteed in this world especially in forex, but definitely possibility is there.

That's why you don't have long term account because it is not achievable long term.
I can make even 100% profit (yes I did so) during 24 hours. But risk is too high to use it for serious long term investment.

Making long term profit doesn't mean trading in the same account for long term. There is no correlation between them.

For me only making profit long term matter and it doesn't matter how many accounts I use to make profit.

Long term trading performance in the same account might be required to get a job in hedge fund or to get a PAMM account in a broker. But I don't see forex trading as a job and only making profit and withdrawing profit regularly matters.

Also, making 100% profit in 100 pips is completely different than making 100% profit in 10,000 pips. These are completely 2 different scenarios.

Making 100% with 100 pips is highly risky and is highly unlikely to repeat after certain period of time since the trader is risking high per profit pip. But making 100% with 10,000 pips is completely safe if someone knows how to trade and make 10,000 pips a month with less than 50% to 60% maximum drawdown since profit per pip is low.

That is what I mean when I say 15% per month is very easy to achieve and it is very much possible to achieve in a month. But it is not necessary to trade in one account, because always broker comes into play once a account starts to make consistent profit.

I have experience with almost each and every forex broker regulated and ECN brokers who tend to apply all kinds of techniques to freeze the account or trades just at the right moment when trades are open to make the account blow out. Some brokers even go much deeper to give delay times up to minutes while trade executions.

Anyway, I will let this account run and see how it goes after few weeks or months.

If you make double digits per month and then wipe the account
and start new
and make double digits per month
and wipe it...

Than you are a gambler.