which target ?

Pikasso posted:
I make 3-4% profit per month and it's very good result for me and for my investors. I am really calm with risks.

That's an excellent ROI if it's consistent.
Is that averaged over an annual compounding? or is that a flat 4% per month?

Either way... Good job. It's better than most.

Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.

for beginners according to me, initial capital should minimum $250 , any smart initial amount can make you more confident when trading in practical. so we cant avoid the importance of this at all.

I think; traders should start according to their own space; even there is no problem with 100$. The key point is; trading with a good trading skill!

10% isn't huge on paper, but it does offer some risks. Personally I do not set targets, I trade and whatever growth is achieved is achieved.

I’m probably averaging around 2% a month which doesn’t seem like much but with compounding and the amount of capital I managed to start with. I also have a riskier account that i’m hitting around 4-5% but with much less capital. Mostly use the high risk to hone my skills. I’m not even doing the overall % math with both accounts but more than a mutual fund return :)

i think 10% is way to much for consistency, for me atleast. yet. till now 2-3% is what i have been able to achieve and trying to move to 4%.

10% is huge. A hedge fund manager would saw off their own arm for 10% a month

Honestly, I feel 10% per month is less realistic. Every month is not the same. Results vary month to month. Some months there may be 1-2%, other it may be 7-8%.

my target is try to manage money accurately, i think try to manage your money when trading in practical , only money management can change your trading life , otherwise no way to survive in here with successfully. 

For keeping survive in this volatile trading place confident is needed but overconfident is will harmful , sometimes because overconfident then leading trader greedy in trades, and dare to take risk in trading which actually the market very dynamic and not always after trade open trades then will directly get profit.

10% is a lot and very impressive if kept steady and consistence for every month. I would say 2%-4% is a good target. Low risk but good profit in the end.

Right now, I am focusing to make a 5% return monthly.

Always aim for a realistic target.

I got used to think that the main objective for a newbie in trading is 5% of profit per month. Moreover, it's better to learn how to trade with minmum losses and don't pay attention to the statistics of profits on initial stages, because if you wil concentrate on profits, you will be very disappointed by losses. It affects your mental health. In order to start making profits and run statistics, you have to be prepared for losses and take them for granted.
However, every trader decides y himself how to behave in such situations. Some prefer other options.

Centrillador


😄 spot on

croisssan posted:
As for me, goals should always be set as high as possible. At the very least, it will allow the trader to want to develop.

I agree with you. You should set a higher goal.

I have no monthly target. I take what the market offers me and am to not lose.

In my experience, the trader needs to trade with purpose. If you trade with the target, it will be much easier to achieve. For example, I trade with a target of 2% per month.