Is it possible for a professional Forex trader to earn 20% a month?

yes it is really possible for a proffessional to earn 20%per month and for this a trader needs to gainmuch more knowledge and profit also if work hard then gain more knowledge online if nor work done properly then you will also made losses and not become a good trader in future if work hard daily and properly then you will gain experiences and earn more then more knowledge online

I think a professional trader can get more than 20% a month, and many newbies are getting 20% a month, and the target is a good advantage, if we are not greedy and always consistent. but if we are greedy we could suffer huge losses in a short time

....have been talking ...........with a professional forex trader All this is very likely to occur in the Forex. A trader can suddenly rich and poor could also be sudden ...............and he says he has been trading for 25 years and he can manage an account for me that earns between 1-3% a day for around 20% a month

I think 20% earning of a month is not a difficult task.But we should not have a target of profit,because it will make us careless about capital management.If we deposit 100$,20% of 100$ means 20$ per month.But we should not use much of our capital to earn 20% profit.We have to chose the right currency at the right moment and any careless trading may harm our capital.

yes it is possible..i think not only 20% achive money per month it is possible 100% achieve money per month. if you will do hardly work per day properly so that you will do achieve earn money 20% per day.....

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Originally Posted by Susti

yes I think it is possible. I am actually surprised that he said only 20%. If you look at eToro's openbook you can see traders that have a much higher win % (with a succes rating of more than 90%). People actually make more than 150% of their investement in 3 months.

So to anwser it shortly yes it is possible

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yes bhi ye baat theak hy mjy is bary main ye lagta hy k forex main agr koi acha trader hy to wo per month 20% to keya is sy kai zeya kama sakta hy aur 1 acha trader he ye sab kar sakta hy

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Originally Posted by deep thought

I have been talking with a professional forex trader and he says he has been trading for 25 years and he can manage an account for me that earns between 1-3% a day for around 20% a month. Can experienced traders really make this much on large accounts?

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Target 20% Monthly, is a reasonable target. The professionals even just looking for a profit of 5% per month. But, I never manage large amounts of money. If capital is under $ 10,000, I was able to find a 10% profit per month. But I have not dared to target if the stock above $ 10,000.

thats possible but not only 20% every traders can earn 300%if they have enough knowledge in trading.every broker house can have a another option traders can earn 20% or 10%.

obviously it's possible ..but fully depends on the risk and strategy ..if we are thinking about huge money then it's very tough ..suppose someone doing trade with 1B$ then 20% of 1B$ will be very much high target for a month so i think all depends on situation and risking percentage

I think forex is a good job.Of course in Forex you earn 20% not only in a month but in a day is also possible. But newbie can not do so much.
As you told about a trader who has experience of 25 years, then i thought he can make more then 100% a month.Best of luck.............................................. ..........