Right you have say slow and steady wins the race.No one can become over the night.To become rich its takes much year then we can be a pro trade and earn more profits from forex.
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Right you have say slow and steady wins the race.No one can become over the night.To become rich its takes much year then we can be a pro trade and earn more profits from forex.
i think you can easily got the 5% of your investment on daily basis. its very easy to manage and trade with little efforts and good strategies. and i think its enough to you
main to sahi baat ha k forex trading main koi bhi everage k chaker main nahi parrta houn kioun k mugh ko pata ha k forex trading main na ye sab se bast ha or sirf or sirf free ho k trade karo kisi bhi free k chaker main na he parro to acha he haQuote:
Originally Posted by forexman
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.
in my mind i think that you can make 50% of your trading capital easily unless u have a very big capital. i managed to improve my trading capital by 100% in just 8 days. but have lost most of it due to bad trades but still have 50% left. so if u trade carefully and dont give in to greed and stick to your trading plan then u can make 50% profit of your trading capital easily.
This is not like that we can trade with high risk and get high profit. We need to go steady and set target which is reasonable and achievable. 50% is a high target and it will take good method and at least one month to achieve.
Actually its ask very hard but hist 5% is enough for me in forex trading..maximum trader want to lot of money to income from here and take very risk , as a result he losses his money..
Actually its ask very hard but highest 5% is enough for me in forex trading..maximum trader want to lot of money to income from here and take very risk , as a result he losses his money..
i think two percent per day will bring good amount for you at the end of the month. if someone have $200 in his account, then at the end of the month he will get about $90 profit. And for novice i think that's a good amount.
Your risk factor is the most important that can determine this. For instance if your risk factor is 1% per trade to gain 1% profit, then the total number of winning trades less your total number of losing trades will give your percentage turnover monthly. What I am saying in essence is that the answer to this question is relative to the trader involved. For me I can turn over 0.5% daily and this means that in a month I will have 10% return in my account on the average.Quote:
Originally Posted by forexman