Guidelines

What is a good monthly return on Forex trading?

What is a good monthly return on Forex trading?

Intermediate: Once traders’ knowledge and experience advance – usually after they burn their first or second deposit – they can start to expect for the return of at least 1\% monthly. The expected returns shouldn’t be over 5\% per month.

What is the average return a forex trader?

A realistic return for Forex trades is usually considered to be somewhere around 1-5\% on a monthly basis. However, it needs to be outlined that this number is a combination of hundreds or even thousands of traders that each trader makes, meaning that there is always something that could potentially go wrong.

What percentage of Forex traders are successful?

One commonly known fact is that a significant amount of forex traders fail. Various websites and blogs even go as far as to say that 70\%, 80\%, and even more than 90\% of forex traders lose money and end up quitting.

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What is a good return on day trading?

Day traders should strive to keep their win-rate near 50\% or above; that way, if the reward:risk on each trade is 1.5:1 or above, you will be a profitable trader.

What is a good return for a trader?

Day traders should strive to keep their win-rate near 50\% or above; that way, if the reward:risk on each trade is 1.5:1 or above, you will be a profitable trader. Suppose you can maintain a 1.5 reward-to-risk over 100 trades. You are adding 1.5\% to your account on winners, and losing 1\% of account capital on a loss.

What is the average monthly return on Forex trading?

For the majority of professional traders, the average Forex monthly return is between 1 to 10 per cent per month.

How much do most successful traders make a month?

Most successful traders make a much lower average monthly profit (3\%-7\% is common). If you’ve averaged 10\% or better for more than a year, you’re a rockstar in the trading world. Take this into consideration: If you could sustain a 10\% average monthly gain, you would more than triple your account every year.

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How much money do you need to start trading Forex?

USD3,000 is realistic for that standard of living. If you are making 4\% of Forex monthly returns, you’ll need a capital of USD100,000 in order to make the necessary income, along with some extra to cover losing months. In FX trading it is vital that you have realistic Forex trading returns.

What is forex trading and how does it work?

Forex trading gives you the opportunity to make exponential returns on your trades. However, these returns are only possible because of high volatility. In other words, you can lose as much as you can make.