What is your weekly return?

There was a moment in time I was making 8% a week, it is not sustainable at all. You could make £5,000 a day, but what does it matter if a losing trade is £10,000? Your win rate could be 80% but what does it matter if your profit to loss ratio is completely out of proportion, for example 0.4:1. Find a strategy that is sustainable (your profit is higher then your losses if not equal) and tune it to how you trade.

hello guys...

all this back and forth really makes me wonder what actually is possible.. btw i noticed that some of the crazy returns are not calculated on the amount traded with, but on the account size before use of leverage.. still i expect between 10% and 30% returns monthly to be possible (with amount traded) as chatgpt confirms this to be a realiatic number.

Nicely resurrected in order to make me read through a few of the mind numbing claims.

10% per month, on a 10K account, would turn that account into over 1 million in just 5 years. Not saying it has never been done, but the chances that so many of those ROOKIES in this ROOKIES thread were or are doing that consistently, as they profess to do, is highly unlikely.

10% per month however, is what is required to pass a Prop Firm account. Anyone who done this to get 'funded' (including myself), knows they took both way too big risk and relied on being on a bit of a good run in order to hit this target. Keep trading like that, and it is inevitable what will happen sooner, rather than later. You will blow up.

10% per month doesn't really count for much if the trader neglects to include the months when they wiped out their whole account.

You can call me an ignorant player in the game, but Tend not to calculate weekly returns, as I jump from intraday trading to positional one, thus it's very difficult to calculate it.
I usually take a bulk of deals profitable and failed ones once per month. It makes me realize what is the average PnL within this period. I am happy having at least 15-20% depo growth, and believe me, these are very good results, knowing how hard is to trade right now.

My weekly returns was horrible at the start, I was practically donating money to the charity of my broker, LMAO. After a year, currently it is round about break-even so I give it a year and I believe with my hardwork, I can end up profitable.

My other reply got removed im unsure why, but 10% per month isnt a unreachable goal by any means. For example 10 trades a day with 75% winners with a win of 15 pips and a loss of 10 pips leaves you with more then 15% per month.. with a range of robust strategies to your disposal, especially if you have a adaptable all round strategy, this is easily achieved. And thats not including supplementing with scalp trades..so my conclusion is as chatgpt says: between 10 and 30 % is considered a good monthly return.. and that can be achieved with publicly available indicators. But it takes a whole lot more knowledge of how to utilize these indicators to pull it off.

1.5%, and I think it's okay for me

also on why hedge firms can only achieve 20% per year: there simply isnt enough liquidity or buyers at thr end of runs for their wallet size.. if they are trading several billion dollars they are exceeding the entire liquidity at sell moments. They have to see a lot of trades and then divide thrir account amongst it. Judging from how much forex buy and selld in a day (meaning liquidity) 20 % on a few billion definetly takes some handy work and high frequency trading several currency pairs. And then still its a astonishing accomplishment. While 20% a month with a small account is reached by many.

My weekly returns fluctuate sometimes I have loss others are profitable that's why I decide that I assess my performance based on monthly returns and consequently make adjustments to my EA's based on monthly performance.

That's awesome.
I am new to trading and have been on Pepperstone now for 4 months, 1st month solely on a demo to practice etc. 3 months on live, Started with $50 and am now at $1600, managing anything between 5 and 15% per week growth on account. and for barely spending any time looking at the charts etc, i am stoked, only doing .01 lot trades, but when i get to $2000 I'll step up to .02 and so on.

I am finding it interesting and hope to keep compounding it to a level I can then withdraw 50% of my earnings each week and still compound up comfortably.

Last week closed with 148% Return, yesterday was a good day but today was a little crazy and not a good day !! Well see tomorrow !

if i can hit 3% a month i am happy.

I think I am about to start donating money to the charity of my brokers. Any advice for me, please?

10-15% a week is a lot man especially if you are in control of drowdown.
keep it going

This (just like most of what you post so casually, making it look like "fact," unfortunately) is just completely wrong: most prop firms require less than 10%, and far from requiring it to be done in a month, most now have NO time-limits at all!!

As so often, I shudder for anyone here who relies on your "information."

And who the fk are you? I'll tell you who you are. A n00by prop firm hopeful who thinks that he is gonna get rich trading a prop firm account and doesn't want te hear more experienced, skilled, and knowledgeable traders take a dump on your starry eyed hopes and dreams.

But how many 'funded' prop firm accounts do you actually have, I wonder. With the average prop firm 95% failure rate, and similarly bad retention rate among those traders who do get 'funded' (lots of n00bs who luck out and think they can keep hitting for 10% only to find out the hard way, that they can't), I would hazard a guess that you have ZERO 'funded' accounts.

But ok, not all prop firms demand 10%. FTMO, the prop firm I have an account with (for some reason), wanted 10% in one month, and then 5% over the next two months. But FTMO were one of those who came along and rocked the boat. For a long time, thee online prop firm was Topstep Trader. They wanted, 10% per month, twice. Oh, and with just a 5% drawdown.....whilst trading US Mini Futures Contracts, where just a few ticks would run a 50K trader over his max daily drawdown.

Whatever.

Besides the point. The point was, 10% per month, is NOT a realistic forex traders target on a month on month basis. If you think otherwise, then you clearly have no experience, can't do maths, and generally don't have a clue what you are talking about.

As a forex trader, my weekly return can vary depending on market conditions, trading strategies, and risk management practices. While some weeks may yield higher profits, others may experience losses or lower returns. The key is to focus on long-term profitability and continually refine trading strategies to adapt to market trends.