TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
forex_trader_538373
Member Since Jul 07, 2018
108 posts
Feb 03, 2020 at 19:22
Treeny posted:Kalamo posted:
My account has been running for 15 months and the return is always over 5%, so it is possible
Any tips on how you do it?
It's a grid system with specific parameters. It is not a tradiotional martingale that will open unlimited orders
Feb 04, 2020 at 11:59
Kalamo posted:ufotech posted:You are right, I missed 0.26% on 1 month out of 15. At least there are 7 months that I did more than 10%.Kalamo posted:
My account has been running for 15 months and the return is always over 5%, so it is possible
You did not make 5% every month as you claim.
November failed to meet 5%.
It doesn't matter that you only missed 1 month. You still missed it, which is counter to your claim of:
the return is always over 5%,
Your other account also failed to make 5% per month, every month.
In June 2019 you only made 0.96%.
The point here, is that you should not make claims about your accounts always making 5% when you know those claims are false.
It simply is not possible to realistically guarantee a specific percentage level of return each month.
Both of your accounts prove this to be true. counter to your claims.
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If you want to be profitable, make profitable trades.
forex_trader_538373
Member Since Jul 07, 2018
108 posts
Feb 04, 2020 at 15:02
Your other account also failed to make 5% per month, every month.
In June 2019 you only made 0.96%.
The point here, is that you should not make claims about your accounts always making 5% when you know those claims are false.
It simply is not possible to realistically guarantee a specific percentage level of return each month.
Both of your accounts prove this to be true. counter to your claims.
I see that you are a Forex detective, let me just point out something before you go further in your investigations. I never GUARANTEE a specific percentage of level of return each month, I just say it is a POSSIBILITY (Like the thread title). If you ask the whole world in Forex and make this thread public you will see that more people than you think do achieve these kind of results. I missed out by 0.26% in 15 months, it looks like you are happy about it. My monthly average is still 9.97%, I'm happy about it.
On the other account you are referring too, the month of 0.96% in June was the month I started this strategy and it started on June 26th. Of coarse in 3 trading days this account did not provide at least 5% but every other month so far it did. It's been averaging 7.42%.
I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.
In June 2019 you only made 0.96%.
The point here, is that you should not make claims about your accounts always making 5% when you know those claims are false.
It simply is not possible to realistically guarantee a specific percentage level of return each month.
Both of your accounts prove this to be true. counter to your claims.
I see that you are a Forex detective, let me just point out something before you go further in your investigations. I never GUARANTEE a specific percentage of level of return each month, I just say it is a POSSIBILITY (Like the thread title). If you ask the whole world in Forex and make this thread public you will see that more people than you think do achieve these kind of results. I missed out by 0.26% in 15 months, it looks like you are happy about it. My monthly average is still 9.97%, I'm happy about it.
On the other account you are referring too, the month of 0.96% in June was the month I started this strategy and it started on June 26th. Of coarse in 3 trading days this account did not provide at least 5% but every other month so far it did. It's been averaging 7.42%.
I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.
Member Since Jul 01, 2015
57 posts
Feb 04, 2020 at 21:20
I agree with Denis 100%! It is very possible to achieve a return or 5-10% a month. Is it a guarantee? Absolutely not! You never know what will happen from day to day in the market due to news and other circumstances. As you can see in the accounts that I have been running and testing(sadly yes, they are demos) they have achieved phenomenal results! The EA’s that I have created are fully automated and I monitor the 24-7 with alerts set up for certain things. Again, yes they are demos but this just shows you what kind of potential there is out there. I run these demos in order to provide my potential investors with an insight as to what they could potentially make. Unfortunately, I test them on 50k accounts even though they will work on smaller accounts sizes. And sadly, I don’t have the means right now which is why I have the investors.
Feb 04, 2020 at 22:14
Kalamo posted:
I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.
But that isn't what the discussion thread topic says.
It specifically says:
TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE?
And the answer is NO. Claiming to make 5% to 10% every month is unrealistic.
Both of your accounts show it isn't possible for YOU to do it specifically.
Anton Kreil and numerous other professional investors would most certainly say you are wrong and the stats for your accounts support this fact.
End of discussion.
If you want to be profitable, make profitable trades.
Member Since Jan 25, 2010
1360 posts
Feb 04, 2020 at 22:40
Kalamo posted:ufotech posted:
Your other account also failed to make 5% per month, every month.
In June 2019 you only made 0.96%.
I see that you are a Forex detective, let me just point out something before you go further in your investigations. I never GUARANTEE a specific percentage of level of return each month, I just say it is a POSSIBILITY (Like the thread title). If you ask the whole world in Forex and make this thread public you will see that more people than you think do achieve these kind of results. I missed out by 0.26% in 15 months, it looks like you are happy about it. My monthly average is still 9.97%, I'm happy about it.
On the other account you are referring too, the month of 0.96% in June was the month I started this strategy and it started on June 26th. Of coarse in 3 trading days this account did not provide at least 5% but every other month so far it did. It's been averaging 7.42%.
I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.
Quite agree, the 'possibility' is possible to achieve 5-10% every month.
Looks like the one month Mr Kalamo did not achieve this gain was the very first month of the account. Perhaps this can be explained because it was not a full month of trading?
Very impressive Mr Kalamo nonetheless!
Timestamp: 09:40am 05/02/2020
Feb 05, 2020 at 18:25
With experience and discipline, making 5-10% per month will be lightwork,once everything clicks that’s when the real fun can begin. I know traders that can pull 100% in a month manually based on their skills and discipline, but ofcourse it takes a lot of time and effort to the process, but it’s worth it
Buy Low, Sell High
Member Since Jan 25, 2010
1360 posts
Feb 06, 2020 at 12:14
Kalamo posted:
I never GUARANTEE a specific percentage of level of return each month, I just say it is a POSSIBILITY (Like the thread title). If you ask the whole world in Forex and make this thread public you will see that more people than you think do achieve these kind of results.
...
I will never guarantee results but it is in fact a possibility to make at least 5% to 10% per month as the world has infinite possibilities.
The POSSIBILITY of 5-10% per month: I hope to achieve this dream!
The GUARANTEE of 5-10% per month: I hope to achieve this dream also!
Isn't this the Holy Grail that every trader seeks?
Who said the Holy Grail doesn't exist? 😎
'The AMOUNT of money you have does not matter; what matters is the SYSTEM you use. No AMOUNT of money can save you if you have a bad SYSTEM. Conversely, if you have a good SYSTEM you can start with a small AMOUNT and easily become rich.' (Matthew Todorovski)
Timestamp: 08:07am Feb 6, 2020.
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Feb 06, 2020 at 16:00
My aim is 3 - 8% per month. In reality my average gain is just over 3% per month for the last year. Yes, it's a live account (available on Darwinex for investment, search for ZAB). I'm sure many will critique the strategy, but please do post you real account results at the same time so we can all see what's possible and learn in the process.
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Member Since Aug 16, 2011
110 posts
Feb 08, 2020 at 23:09
The key to 5%-10% per month in my opinion is...
- STRATEGY: having black & white rules when to get in and out of trades
- PATIENCE: not getting into trades for the sake of trading
- TIMING: this includes avoiding volatile trading sessions
- PSYCHOLOGY: not crapping your pants when the trades go against your position
- ACCEPTANCE OF LOSS: knowing when you have the trade wrong and then taking time out to re-assess your strategy
- RISK / MONEY MANAGEMENT: having lot size rules that are realistic
- RESPECT FOR MARKETS: if the markets are not respected, they will not respect you
- STRATEGY: having black & white rules when to get in and out of trades
- PATIENCE: not getting into trades for the sake of trading
- TIMING: this includes avoiding volatile trading sessions
- PSYCHOLOGY: not crapping your pants when the trades go against your position
- ACCEPTANCE OF LOSS: knowing when you have the trade wrong and then taking time out to re-assess your strategy
- RISK / MONEY MANAGEMENT: having lot size rules that are realistic
- RESPECT FOR MARKETS: if the markets are not respected, they will not respect you
Feb 11, 2020 at 06:44
@Treeny thanks :-) pretty much what @camerongill said. I trade on daily charts, support and resistance, with pending orders. Average of about 6 to 12 trades per month. Nothing fancy.
Treeny posted:
That's more like it. 3% per month is great going, well done. Feel free to share your strategy 😀
Member Since Mar 21, 2020
7 posts
Mar 22, 2020 at 22:33
If you have a good trading strategy that uses a 4:1 profit to loss ratio I think you can have consistent gains in the long run. In Forex trading you need to have an edge to win in the long term. A lot of trading systems crash and burn. It is very hard to be a winning trader, but if you keep at it you will succeed. For me it has been over 5 years.
Member Since Mar 03, 2015
14 posts
Mar 23, 2020 at 07:10
(edited Mar 23, 2020 at 07:10)
sublimemarkets posted:Clearly hasn't reviewed some of the performance achieved by other members here!
Hello, The Answer is NO there is no such thing.
1) Even if consider the most riskier investment available which is Venture Capital, the average return is 20 percent per YEAR.
2) there isn't any investment that guarantees a stable return if there is then the returns will be very very low.
People that argue that it possible ether don't know what they talking about or just bluntly lying.
leverage accounts might show 5-10 percent return but this very artificial you can check my account and see it.
but the reality is when you leverage it means that much bigger capital is involved for example:
1) Your account balance is 1000 EUR.
2) let's say you buy one lot EURUSD which means 100 K EUR.
3) you make 1 percent profit which means 1000 EUR.
4) your balance now is 2000 and 100 percent profit.
in reality, you just made 1 percent.
Member Since Mar 03, 2015
14 posts
Mar 23, 2020 at 11:54
5% an hour is not out of reach!
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Member Since Jul 01, 2015
57 posts
Mar 23, 2020 at 19:11
According to my strategy that is fully automated, 5-10% is very easy to achieve every month. Yes these are all demo accounts unfortunately. It will soon be a live account but until then, I will keep running the demo accounts so you can see what I have created will adapt to all market conditions.
Member Since Feb 19, 2019
2 posts
Mar 24, 2020 at 02:16
I'm an FX prop trader. Back in 2015 when I started my journey, I recall my floor manager's words after I made my first $2.5k in one week with 3x leverage on a $50k acc. He said, 'Lets see how you do over 12 months...can you be consistent.'
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
My floor manager's words still resonate in my head even to this day. FX trading at a professional level is all about the long game, and long term consistency. Few have the patience for the long game, as humans we need our quick fix, just like a gambler or junkie. And these individuals make terrible traders. Sadly over 90% of traders are just that.
You are doing well if you hold onto any gains made each month. Your downfall is focusing on targets, when in fact you should be focusing on your trading performance.
Everyone shines, they just need the right lighting
