as a concrete example, George Soros considers a success with the goal should profit by an average of 36% in a year. so if the big traders like Soros are considered 36% per year, what we are trying to get profit of 10% per day
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utmost they could generate up to 1000% but very rarely get that much, and I think an ideal target is about 100% per month and many were still difficult to consistently most of them still fail.
Daily 2% is really high dude. its not possible all time. I think u can try daily 1%. Personally I do it. But I cant able to make my target well. sometime I have to loss some money also. from forex u can't hope daily profit. it can only possible when u become a successful trader. I think it takes some time also. so earn some money with minimal risk.
i think you can chose a average that you like but you know that if you chose a bigg average you risk for you capitale one chose you should keep your capitale its a important things you have in this market
I want to use as low amount of lot I can but because of my small capital I need to use 5% of my account in per trade.. and I know that its big.. quite big.. but when I grow my account into a moderate size then even I will also use 0.25% of my account or even lower than this in my trading..
I think the ability of a merchant, trading in the forex market and decide the percentage of profit per day. Experienced traders, perhaps the target to 5% per day depending on market conditions and their momentum. per day with a rate of 5% or more, is not new in this transaction.
People say that anybody can earn huge income from Forex trading without limitations, but in reality no body has that much capacity to predict in right way. I think one can do an earning of 10 to 30% monthly according to his skills consistently.
maybe we can try to make the target , for me i think that maybe i will make the target about 7% or 10% for daily on the forex because i am still just using the small invest to the forex market so i just need to make that money only
reach 2 % - 5 % profits in forex trading for daily target isnt that easy. For low capital/equity it may be true, but for high capital will be more difficult. But, that is not impossible, we can still achieve it. Just remember that we wont always find easy way in everytrade. So, prepare for any possible situation.
Yeah for me in my opinion, i preffer the minimum profit which you can earn easily so that you dont have to take risks in your trading and you may earn so little but will never losoe instead and as you monety will grow your profits will also grow with it slowly.