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They can choose to go with a recommended broker from a friend or family member, or they can choose to go with a broker offering great leverage or trading software. Although, if you are a beginner, please be aware that this is a common thing in Forex.
First, the daily profit is not possible all the time. Some days, your transaction may I floated. So, I exchanged depending on the trend. Depth analysis, please to wait for the correct entry points. If you have a good knowledge of the analysis, you may want to go for a 1-2% per day. Traded in the long-term trend or better. We will discuss.
i heard from some experienced and professional traders that they earn 30% profit from their real account monthly and they have told me that it is better if you can earn 2% from the capital everyday. therefore i think this percentage is better.
it can vary from person to person i think.not everyone can make the same profit from the same market
i think it is depend on each trader strategy when they are trading if they have good strategy
in their trading they can make more than 100 % a months and if they just trading safety they can get 20 %
I think so that every trader can't say that i can make 50$ daily because this reason is that this is open risk if you have luck and you can make huge profit from this .But i set any target on my mind then i fallow it.good luck.........................
The amount of profit can be increase also if a trader is ready to take a higher risk. Try to analyze deep and wait for the correct entry point. If you have good analysis knowledge, it depends upon you how u plan to invest. I earn 25$ daily and per month it is 500$ And there are also many people those are facing the loss in such a way. I am using the demo account and meri per day earning to nhi hai.
First of all i have to share that i saw a lot of people that they are making 100% profit per month.. they do day trading and they are successful. So if they can do it continously then we also can do it... but i personally target around 20% per month from forex market...
the amount of profit can be increase also if a trader is ready to take a higher risk. but its always safe to take the minimum risk ans seek for a reasonable profit instead of risking more to gain more.
I will base my own in pips, I have noticed that the most conservative traders are the ones that trades the trend and the trend alone, If this is the case, such trader trades only once or twice daily, If such trader can still be getting nice 50pips daily, then an active trader can be getting about 70 pips daily in average.