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Making 15 to 20% profit every month !!!
เป็นสมาชิกตั้งแต่ Mar 05, 2017
17 โพสต์
Jul 31, 2019 at 10:32
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.
Aug 12, 2019 at 07:27
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 .
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Aug 12, 2019 at 13:29
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?
forex_trader_565984
เป็นสมาชิกตั้งแต่ Oct 08, 2018
141 โพสต์
Aug 12, 2019 at 16:38
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.
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.
Aug 13, 2019 at 10:02
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
forex_trader_565984
เป็นสมาชิกตั้งแต่ Oct 08, 2018
141 โพสต์
Aug 13, 2019 at 10:22
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.
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Aug 13, 2019 at 10:58
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.
forex_trader_565984
เป็นสมาชิกตั้งแต่ Oct 08, 2018
141 โพสต์
Aug 13, 2019 at 12:30
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.
เป็นสมาชิกตั้งแต่ Feb 22, 2011
4573 โพสต์
Oct 31, 2019 at 11:13
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.
เป็นสมาชิกตั้งแต่ Mar 03, 2019
57 โพสต์
Oct 31, 2019 at 11:56
sounds far too high, not the sort of figures that a new traders should be looking at.
Apr 23, 2020 at 18:13
I am not that sure that it's even possible in some way or another anyway for many many reasons out there. How else you would go that far clearly and possibly? Such high amounts do not promise you really anything out of that in any level.
เป็นสมาชิกตั้งแต่ May 22, 2017
85 โพสต์
Apr 25, 2020 at 16:10
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 )
Dear ZenoTyrell,
Hope you are well, look it is possible if you are a professional trader, professional traders make on average 25-30% but ask for a track verified record, and look at the statistics to see if you are comfortable putting your money there.
By the way there is no guarantee for not losing money in this business, it is a part of it, so be adviced that this could happen.
I'm a professional trader, and I back it up on my profile system.
Be careful and be wise, lots of success and do what's best for you.
F*** it we ball!
Apr 28, 2020 at 12:09
In general, everything is possible for an experienced trader, although it sounds banal) But seriously, yes, professional traders with great experience and good market awareness can have an income of 15 to 20% every month, even better. In this business, it's important to know when to close a trade before losing money, and when you can wait and get even more profit. But before you can invest in something, you should at least be provided with evidence that this "boss" is reliable and actually has that kind of profit from trading, not just some scammer. I wish you a good investment of your money))
เป็นสมาชิกตั้งแต่ Jul 20, 2020
172 โพสต์
Dec 10, 2020 at 18:37
I think it is quite difficult to ensure fixed profit margin in every month. You need a solid plan and profitable strategy to make consistent profit.
Dec 11, 2020 at 07:23
EbonyJones posted:
I think it is quite difficult to ensure fixed profit margin in every month. You need a solid plan and profitable strategy to make consistent profit.
But the problem is that you can not and will never be able to make that much every month. It is just not realistic, from my perspective.
Even though the plan can fail. A proper sound plan can also fail.
เป็นสมาชิกตั้งแต่ Jul 20, 2020
278 โพสต์
Dec 21, 2020 at 21:02
Making a profit from the forex market is not so easy. You need proper knowledge and skills to make money from this market
