Realistic Monthly Trading Profit?

Anytime buddy; have a great weekend!

Look pal, doesnt matter how you put it the corld/hard truth is that:
RETURN DOESNT MATTER IF YOU DONT KNOW WTF ARE YOU DOING !!

If you dont know how to place a trade and when
If you dont know what targets you at least aim for (LMAO again with the fixed targets)

then you will never eva eva eva are going to make money from this activity.. period !!!


I can tell you al kinds of "fairy tales" and NO ONE without the right knowledge or experience will believe a single word about it, specially the people with pre conceived ideas about how trading "should be" because whatever crap they read about it on the internet.. As soon as you get fixed on how much money are you making/losing, hard targets and all that crap, you WILL lose it all !! the ONLY thing in your mind should be to find the right place and time to place the trade and how to spot it time and time again with precision.. nothing else matters !!! money WILL follow after that, its NOT the other way around !!

Heh, good vents man, keep it going.. Got me interested in your stories. Please share some..
Anyway, I concur about the targets mostly... Some people are comparing trading to bank deposits.. Like "I want % return per X"... It is much more dynamic than that... and where it differs heavily is about uncertainty, specially over longer periods... But also I like the targets because of the "control"... I believe it is good to have some target so in order to get out in time.. For a example, some people got to 100k+ and gave it back to the market... So that is why I also have some "bridges" at which point I would pul pre-determined % out, no matter the (ongoing) opportunities.. I just find that it is good to have some pre-set levels

But to add to the topic... I would say realistically it is 100% per month.. for like 3months And then?
Or I think that a good trader (that knows when not to trade) could "easily" be aiming at 2%+ per month (which means nothing if some start with 100USD)...
Good thing about the market is that anything is possible You could be(come) billionaire or bump... and very fast.. Almost regardless if you start with 100usd or 1B

I think 20-30% annually would be a realistic goal. So to earn that much you have to earn about 2-3% monthly. Don’t think it’s too little, don’t be deceived by some fancy backtests that you saw on a forum. These are not real, if the seller would earn that much money or even if he could double his trading account, why would he sell his product to you? If I doubled my money each year I knew I would turn 1000$ account into 1,024,000$ after 10 years and from then I would earn that much money in one single year. I wouldn’t even sell my product for 5000$ let alone selling it for 30-50$.

20-30% is realistic goal , i agree , but for the traders who are particularly beginners it can be dangerous due to poor money management , only 55 risk per trade can be comfortable for them..

Making money is not an easy task. If you want to make money from this market, you need to have proper knowledge and experience about the trading.

At the very least a couple % a month is reasonable.

Think of it like this, 1% of $5,000.00 is $50.

So getting a consistent $50 a week is a very reasonable thing. I average about $500 a month at least.

Ideal % in terms of monthly retunrs should vary person to person. Everyone has a different level of skills. My ideal % would be how much I can get with the skills I have. Consistency is important then certain fixed percentage per month.

Varkeer,
I know you ignoring me,but I've just made 50,- on friday on 5k account.
Should I stop trading for the rest of the month? What's your wise advise.
I've asked you in another thread if you can be be more specific give us some numbers about how many trades you suggest,position size etc etc,so i can make $50 a week with $5,000.00 capital, but you are not answering.