Is it easy to make 100% monthly profit for any size of account balance?
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Aug 22, 2013 at 03:10
(editado Aug 22, 2013 at 03:13)
My friends,
i am trying to build a strategy where i expect minimum of 100% monthly profit for any size of account balance.
as i want good profit so draw down can be little high than expected. though i shall try to keep it low.
i am also sharing some of my trades with you. hope you will enjoy it.
my trading stats can be viewed at
https://www.myfxbook.com/members/marketanalyst/easy-green-pips/669684
i am trying to build a strategy where i expect minimum of 100% monthly profit for any size of account balance.
as i want good profit so draw down can be little high than expected. though i shall try to keep it low.
i am also sharing some of my trades with you. hope you will enjoy it.
my trading stats can be viewed at
https://www.myfxbook.com/members/marketanalyst/easy-green-pips/669684
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Aug 22, 2013 at 03:12
usd/chf swing trade analysis buy @ .9155, sl @ .9090, tp @ .9650, estimated time = 2nd week of September.
waiting for a minimum of 100% profit month for any size of account balance
waiting for a minimum of 100% profit month for any size of account balance
Aug 22, 2013 at 15:08
To make 100% a month is hard.
To make 10% a month is hard.
Consistency is difficult.
Nothing worthwhile having comes easy.
But it doesn't mean it is complicated.
Rather it is very simple and if you stay committed to it will come.
To make 10% a month is hard.
Consistency is difficult.
Nothing worthwhile having comes easy.
But it doesn't mean it is complicated.
Rather it is very simple and if you stay committed to it will come.
When you lose, don't lose the Lesson
forex_trader_68399
Membro Desde Mar 07, 2012
26 posts
Aug 23, 2013 at 06:45
I think I can do it with time frame D1.
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Aug 28, 2013 at 15:13
eur/nzd intraday analysis sell@ 1.7220, sl @ 1.7350, tp@ 1.6800, estimated time one week
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Sep 02, 2013 at 05:38
marketanalyst posted:
eur/nzd intraday analysis sell@ 1.7220, sl @ 1.7350, tp@ 1.6800, estimated time one week
now running 280 pip profit while i have added more trades in middle and changed tp to little down
Membro Desde Apr 22, 2013
2 posts
Sep 03, 2013 at 20:42
Having a target by % of earning is not realistic, because you might miss a good run because you hit your target, or you ask the market to give you something that it didn't have. I used to have that kinda target, but now I just take what the market gives me, I sleep better at night :)... Just my personal experience :)
Skills must be practiced at least 20 hours a week, and if you can look up - you can get up
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Sep 04, 2013 at 01:58
usd jpy intraday analysis sell@ 99.60, sl @ 101.00, tp @ 97.00, estimated time = less than one week
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Sep 04, 2013 at 17:26
marketanalyst posted:
usd jpy intraday analysis sell@ 99.60, sl @ 101.00, tp @ 97.00, estimated time = less than one week
i see there is a chance for uj to reach 101.40 area. if anyone followed my this trade then he should update his sl.
Sep 05, 2013 at 08:14
your system is private, i cannot see your stat 😀
https://www.myfxbook.com/members/marketanalyst/easy-green-pips/669684
https://www.myfxbook.com/members/marketanalyst/easy-green-pips/669684
Sep 05, 2013 at 08:14
i like this...
thank you @marketanalyst
thank you @marketanalyst
+++ I want 1000%- 35%/month.. WHERE ARE YOU..??
Membro Desde Dec 19, 2011
20 posts
Sep 05, 2013 at 12:19
Yes Ofcourse As a very good trader you should make 50 - 100% Monthly with moderate exposure
Sep 05, 2013 at 21:40
(editado Sep 05, 2013 at 21:44)
marketanalyst posted:
My friends,
i am trying to build a strategy where i expect minimum of 100% monthly profit for any size of account balance.
as i want good profit so draw down can be little high than expected. though i shall try to keep it low.
i am also sharing some of my trades with you. hope you will enjoy it.
my trading stats can be viewed at
https://www.myfxbook.com/members/marketanalyst/easy-green-pips/669684
Landing couple good shots with good leverage are easy if you follow a good trend, but landing good shots over and over in months and years to come requires a extremely good skill.
Greater reward comes with greater risk, this is the solid rule.
Let me put it this way, in general,
if you make trade decision based on 1:2 risk / reward ratio in order to profit 100%, you are also putting yourself at a -50% risk.
or -30% if your system operate at a 1:3 risk / reward ratio, and so on.
It is not impossible, but it's just extremely difficult and require experience to plan your trades to avoid any pitfall.
In my option, the higher R/R trade would give you a higher chance make huge gains. In my option, on 4h to daily chart would give you a clear picture where the stops (risk) and targets (reward) are.
Now here is the problem to most the traders, they are most likely technical traders. And technical analysis (TA) just does not work well on the large time frame than short time frame (< 4H time frame) because when you trading larger time frame (> 4H time frame), it is certain fundamental analysis (FA) is involved.
In other words, you will need to get some FA sense into your trade decision. FA sometime is confusion due to all media reports different views, and your will need to swim out of this sea of information and nail your trade. This is a painful process and take time, a lot time to master.
You may ask why so many ppl trade on short term using TA and just ignore news, this would be the answer to it.
Do you see where am i getting at?
Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
Membro Desde Dec 19, 2011
20 posts
Sep 06, 2013 at 00:24
@June Storm Too much knowledge does evil in forex trading,from your reply above i can tell honestly you have too many concerns.Take fewer trades.Make sure what ever currency you trade your account can absorb 1000pips move away and then come back to your trends' analysis.Give your trade time to fall in line with your analysis.Repeat this over and over,in no time you will grow your account..adequately.
Membro Desde Nov 11, 2012
271 posts
Sep 06, 2013 at 02:18
Who really wants to make 100% a month? LOL
Just make 2-3% a month consistently and you can have a 6 figure salary job.
Just make 2-3% a month consistently and you can have a 6 figure salary job.
antariks1@
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Sep 06, 2013 at 06:25
marketanalyst posted:
usd/chf swing trade analysis buy @ .9155, sl @ .9090, tp @ .9650, estimated time = 2nd week of September.
waiting for a minimum of 100% profit month for any size of account balance
time goes = money comes ..................now running 300 pip profit . tp is revised to .9550 area. near this level buyers can close this trade with 400 pip profit. i expect this price level can be reached today
Sep 06, 2013 at 06:54
targetpointfx posted:
@June Storm Too much knowledge does evil in forex trading,from your reply above i can tell honestly you have too many concerns.Take fewer trades.Make sure what ever currency you trade your account can absorb 1000pips move away and then come back to your trends' analysis.Give your trade time to fall in line with your analysis.Repeat this over and over,in no time you will grow your account..adequately.
Explain what is / are my concern(s) if you think you understood my reply.
when you aim for a 100% gain per month, you would allow your pair go 1000 pips against you? consistently?
Please check monthly ATR on major currency pair on how many pips average it goes each month. monthly ATR(10) on gbpnzd (the wildest pair) is currently at 825 pips.
if you allow your position hold up for 1000 pips without closing, yeah i am concerned that your reply does not belong to this topic.
Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
Sep 06, 2013 at 06:58
takechance posted:
Who really wants to make 100% a month? LOL
Just make 2-3% a month consistently and you can have a 6 figure salary job.
well some ppl like to try it for the maximum enjoyment.
think this way, if you grant with a chance to make more than 6 figure,
would you do it? or at least try to find out if it is possible?
that's what this topic is about =)
Don't allow yesterday's success to lull you into today's complacency, for this is the great foundation of failure.
Membro Desde Nov 11, 2012
271 posts
Sep 06, 2013 at 08:43
Emo2010 posted:takechance posted:
Who really wants to make 100% a month? LOL
Just make 2-3% a month consistently and you can have a 6 figure salary job.
well some ppl like to try it for the maximum enjoyment.
think this way, if you grant with a chance to make more than 6 figure,
would you do it? or at least try to find out if it is possible?
that's what this topic is about =)
I don't know mate whether trading is for enjoyment....at least not for me. I am professional and its my job. The best professional fund management companies don't even dream of making that much. Keep in mind that you making 100% a month consistently means many others have to lose maybe 30% a month consistently which is equally difficult.
antariks1@
forex_trader_112671
Membro Desde Feb 17, 2013
116 posts
Sep 06, 2013 at 09:31
usd/cad intraday analysis sell @ 1.0550, sl @ 1.0630, tp @ 1.0350, estimated time = one week
