How much money can I expect to make from trading?

More the knowledge of the forex market, more are the chances of making good money.

Expectations can be the death call of traders.
Once your profitable at the end of any given month you are succeeding.

It is impossible to say for sure the amount that can be earned, because it all depends on how much you invested and how you trade and which pair.

forexminded posted:
More the knowledge of the forex market, more are the chances of making good money.

exactly

As for how much interest you can earn on Forex, the norm for medium-risk strategies is 5-20% per month.

There is no exact answer to the question how much one can earn. It's a risky business so you can also lose all the money. Your earning will depends on how much skills you have. No skills No money.

Earning is forex trading is directly proportionate to your skills. If you have skills for 100$ per month, your earning will be 100$. Expecting anything beyond your skills is not good. Then trading becomes gambling.

I would be happy even with 5% per month

Danproperty posted:
I would be happy even with 5% per month

Yes, I also expect less than 5% like 2% per month.

The exact amount you make will depend on a variety of things. The amount you invest, your strategy, your amount of trading knowledge, etc. can drastically change that number. I did read about a study once where the results found that a realistic amount would be 3k per month off of a 30k deposit. Of course things would change the number but this was just to get an idea of it.

about -70% to -99% =))))

The more I invest, the more profit I can make. I try to gain 2% profit per month.

Profits will not come in one day, it needs hard work and dedication. So knowledge and skills are very necessary to become a good trader.

Leverage means that if you are profitable then you can adjust your Lot size to make either 1-100% per month. This is of course if you are profitable. Most traders lose all their money

It is better to expect losses in the beginning of your trading career. You should invest only the money that you are ready to lose, otherwise, you'll have lots of psychological pressure which will inevitably lead you to the losses. So, in the beginning, your top-priority task is to preserve the money that you invest and only after accomplishing this goal can you think about gaining profits.

‌There are many factors that go into determining how much you can expect to make from trading, but one of the most important is your motivation. If you don't have a wealth-building goal or dream of buying a private resort, then it's not likely you'll experience much success because trading eats your capital. With a proper goal and mental strategy in place, you'll reach your goals - even if it takes longer than expected.

The question of how much you can make is not a simple one. You can lose everything if you do it wrong. How skilled you are will determine how much money you make. No skills No money.

The question you should be asking is how much money can you expect to lose. Risk first. Reward second.

To reveal an expected amount, firstly, I have to know how much is your investment capital. If it is $500 dollar, then $100-$150 is good enough. But the earning can be more or less depending on different market conditions. But I always recommend not to take much risk.