What is the average profit...
Mitglied seit Nov 21, 2011
1718 Posts
Oct 02, 2017 at 11:20
In the bank where I'm working, if a trader makes between 15 to 40% a month, he is considering like a god.
Now I know how they work and their conditions: (zero commissions and up to 6 numbers afer decimal)
They press a buttom it opens and closes like High Frequency Trading
They dare to call this a trader!
They aren't allowed to keep positions.
All they do is to parameter the button, Open buy and close Sell or Open Sell and Close Buy depending on market direction.
That's it.
Now I know how they work and their conditions: (zero commissions and up to 6 numbers afer decimal)
They press a buttom it opens and closes like High Frequency Trading
They dare to call this a trader!
They aren't allowed to keep positions.
All they do is to parameter the button, Open buy and close Sell or Open Sell and Close Buy depending on market direction.
That's it.
Oct 02, 2017 at 21:17
CrazyTrader posted:
In the bank where I'm working, if a trader makes between 15 to 40% a month, he is considering like a god.
Now I know how they work and their conditions: (zero commissions and up to 6 numbers afer decimal)
They press a buttom it opens and closes like High Frequency Trading
They aren't allowed to keep positions.
All they do is to parameter the button, Open buy and close Sell or Open Sell and Close Buy depending on market direction.
Can You, please, shed a little light on the type of strategies used by bank traders.
And how much they lever up their equity (what level of leverege they actually use not the maximum leverege).
They aren't allowed to keep positions ? That means that they are trading only short term inside just one trading day timeframe ?
Mitglied seit Nov 21, 2011
1718 Posts
Oct 02, 2017 at 21:26
I don't know everything as traders aren't even in my buildings.
They are not real traders like other banks... indeed it is forbidden to keep positions. They don't have time to think about closing trades, it's already closed automatically... It's HFT (milliseconds trading)
They are not real traders like other banks... indeed it is forbidden to keep positions. They don't have time to think about closing trades, it's already closed automatically... It's HFT (milliseconds trading)
Oct 03, 2017 at 06:58
5% to 10% per month is a very reasonable % return to achieve under very low drawdown by any profitable system and any professional trader.
But there is really no upper limit on how much % a trader can make if he is willing to take high risk and willing to accept high drawdown and willing to diversify his funds into many accounts and of course if he knows exactly what he is doing without wiping out the balance.
But there is really no upper limit on how much % a trader can make if he is willing to take high risk and willing to accept high drawdown and willing to diversify his funds into many accounts and of course if he knows exactly what he is doing without wiping out the balance.
Artificial General Intelligence
Mitglied seit Dec 11, 2015
1487 Posts
Oct 13, 2017 at 13:58
I think this is a very subjective issue. Different people have a different idea what is considered profitable. For example, if I do 1% to 5% of profit per month I am terribly pleased, but others would scoff at such results and wouldn't consider them nearly enough.
Mitglied seit Oct 12, 2017
3 Posts
Oct 15, 2017 at 11:36
Every trader is different. With my trading system and strategy, I can make on average 20% a month with minimum risk.
Trade From Home
Nov 20, 2017 at 07:40
I shoot for 10-20% a month, but honestly if you just shoot for 8% of your account per month that is more then enough, as I always say, slow and grow or fast and blow. In the beginning traders tend to take more risk in order to build an account quickly, and once it reaches a size they are happy with they lower risk greatly and just shoot for 'small' consisten growth, such as 2% a month as thats more then enough to live off at that point. It is a difficult question to answer, it also depends on the market volatility. if it is a high volaitily month, then making 30-50% on a very good system designed for that type of market, risking 2% per trade and day trading, that is possible to gain, as long as you are willing to risk the potential drawdown. In the end it comes to the type of trader you are, how much you are willing to risk, and what your weekly, monthly, and yearly goals are.
Slow and Grow or Fast and Blow
Mitglied seit Sep 12, 2015
1948 Posts
Nov 26, 2017 at 11:10
5% a month is a common goal for Investors ,intra day trading its unlimited especially trading Forex or Crypto ,market volatility plays a big part obviously,you have to learn to step away from losing trades as quickly as possible and let winners run.
"They mistook leverage with genius".
Mitglied seit Nov 30, 2017
12 Posts
Nov 30, 2017 at 15:37
5% a month is my target. Any more than that and you are dreaming
Mitglied seit Sep 12, 2015
1948 Posts
Nov 30, 2017 at 15:53
Do you think the market cares how much you make each month ,find the right trades and you can make way more than 5% a month.
"They mistook leverage with genius".
Mitglied seit Mar 16, 2021
477 Posts
Jun 03, 2021 at 01:28
mlawson71 posted:It's just that people's ideas are different. For example, some people want 5% profit per month and some want 10%. Loss/profit is to be combined to gain profit.
I think this is a very subjective issue. Different people have a different idea what is considered profitable. For example, if I do 1% to 5% of profit per month I am terribly pleased, but others would scoff at such results and wouldn't consider them nearly enough.
Jun 03, 2021 at 15:48
Kgodloveme posted:I also plan and create a trading strategy like you. However, my profit percentage is 5% per month.
Every trader is different. With my trading system and strategy, I can make on average 20% a month with minimum risk.
Mitglied seit Jul 23, 2020
759 Posts
Jun 08, 2021 at 10:10
I am trying for monthly 5% growth. But I am currently making a 2% average return.
Mitglied seit Jun 06, 2021
2 Posts
Jun 08, 2021 at 11:47
I think trying to get a consistent positive returns on a month-to-month basis is a little difficult. Personally, I'd like it to be an annual thing. I always tell myself if the largest fund management companies out there measure their performance on a year-to-year basis, why should I measure mine monthly? Just my 2 cents.
“Setting goals is the first step in turning the invisible into the visible.” — Tony Robbins
Mitglied seit Mar 17, 2021
536 Posts
Jun 12, 2021 at 17:32
Patrick14 posted:Patience is the most important thing to make money from this market.
All marketing process starts slowly, especially in this business you have to be patient
Mitglied seit Jul 23, 2020
869 Posts
Aug 08, 2021 at 02:34
Currently I am making 25 profits monthly.
