In FOREX, is 10% return per month good enough? - Page 3
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Thread: In FOREX, is 10% return per month good enough?

  1. #21
    10 percent per month is unrealistic. You might achieve this for one month, but due to the risks you are taking you might loose everything within another month. Build up your account using a constant effort of steady trades. The markets also differ from month to month, and you should not just try to reach a specific % since this will put you under pressure near the end of every month and is will result in you creating un-calculated decisions, which will cost you money.

  2. #22
    If you're able to make 10% per month you would be a rock star at the hedge fund industry

  3. #23
    Newbies consider this wrongly:

    1. They think that something like 1 percent per month must be easily attainable, but 10% must be nearly impossible.

    2. They assume that trading should deliver a consistent amount per day, week or month 8212; the same as a normal occupation.

    3. They also compare retail trader yields to those created by institutions, not realizing that the latter are restricted by liquidity considerations, and by regulation, laws etc in regard to what they can and can't do. Huge associations and funds play with a very different ball game.

    Whereas in reality, the challenging part is finding a border that both delivers consistent profit, and is powerful enough to preserve its own longevity. In other words, the main barrier is attaining any type of positive expectancy in any way. Following that, you can invent a risk model (money management) to make just about any return that you wish, assuming you're prepared to take the related drawdowns. I posted some suggestions and examples here.

  4. #24
    10 percent per month is definitely good enough, I have been live trading now for about 6 weeks have been aiming for 5% per month, and also that has turned out to be challenging. You need to learn your exact trading ability skill before you can be consistently profitable.

  5. #25
    Quote Originally Posted by ;
    quoteAccording to official statistics performed in thousands of LIVE Accounts at FOREX BROKERS (study created by PhD John Forman): Just 0.4percent of LIVE FOREX ACCOUNTS were profitable annually for at least a year. Thus, 99.6percent are not profitable long term.
    According to these stats, even if you can do 1 percent per year that your beating 994 per thousand other retail forex traders. Still greater chances than attempting to profit as an Amway distributor but no where near as good as winning a single spin of the roulette wheel, which can be greater than 200 times greater.

    So to answer your question, 10% per month is great enough

  6. #26
    The first poster start this query in 2008. He'd found the answer and generated an EA in commercial division: Consistent 10% EA.
    Let's see may be during the years of trying the response, he may found it.

    FREE EA also!

  7. #27
    Quote Originally Posted by ;
    quote In accore with those stats, if you can do 1% annually your beating 994 per million other retail forex traders. Still better odds than attempting to profit as an Amway distributor but no where near as good as winning one spin of the roulette wheel, which is more than 200 times better. So to answer your question, 10 percent per month is great enough
    I am surprised somebody who is supposed to have some expertise and some authentic gray matter, includes an answer like that. Unless you can live with 1 cent each year, 1 dollar each year, hell with 1000 dollars each year. You can't. Make sure that you check my bet, at which I challenge people to prove if a person can do a dwelling in forex for annually. Out of members from this forum, nobody could take the challenge.

    And BTW you may be angry about the new regulations forcing RETAIL BROKERS to release their official stats. People can really see the reality.

    99.6% of people lose money in FOREX.


    Quote Originally Posted by ;
    The first poster start this query from 2008. He'd found the answer and generated an EA in commercial section: Consistent 10 percent EA. Let's see may be during the years of trying the response, he may found it. FREE EA too!
    And why do you believe he posted it in the industrial section? If he's doing so much money, why would he need to sell his EA?

    Oh my, I am only shocked on how people do not use their brain. I am not asking for people to be supreme minds, but at least use basic common sense.

    Unless you are the OP's alter ego or buddy helping him in advertising.

  8. #28
    Quote Originally Posted by ;
    , you can devise a risk model (money management) to create almost any return that you desire, provided you're willing to accept the related drawdowns.
    Totally Agree

  9. #29
    [quote=MapleLeaf;7285901]quote I'm surprised someone who's supposed to get some expertise and some authentic grey matter, includes an answer like that. Unless it is possible to live with 1 cent each year, 1 dollar each year, hell with 1000 dollars each year. You can't. Be certain to check my wager, where I challenge people to prove if someone could do a dwelling in Currency Market for a year. Out of 10,000 active members from this forum, nobody can take the challenge. And BTW you might be angry regarding the new regulations forcing RETAIL BROKERS to release their official stats. People can see the truth. 99.6% of people lose money in FOREX. quote<i></i>

    Im not certain why you criticise my comment. We appear to be in agreement. The op asks about 10 percent per month and that I used stats that I believe to be accurate, to offer you a reality check, what's so wrong with that?

    I enjoy your wager. I feel it'll stand unchallenged. I gave up arguing with all the 10% each month/week/day people on here some time ago cause I have called a negative prick for asking for proof of their claims. I was only trying to help, unrealistic expectations would be your main account killer but people seem to prefer absurd fantasy to facts. Just like I did, I just let them understand the lessons the hard way

  10. #30
    You Will be able to generate consistent 10% Yield

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