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How much money a successful traders earn?

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MUHAMMAD NUR FIRZA

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Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades

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#1 - February 04, 2019, 07:00:58 PM

zanurreload

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Quote from: MUHAMMAD NUR FIRZA on February 04, 2019, 07:00:58 PM
Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades
I target only about 10% per month profit, if I can be more thankful. If the most important thing is capital security, it's useless to trade if capital isn't safe and often call margin
#2 - February 04, 2019, 10:00:21 PM

ariezz

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Quote from: MUHAMMAD NUR FIRZA on February 04, 2019, 07:00:58 PM
Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades
In my opinion, setting a profit target of 10% -30% per month is quite high and the range of numbers is quite reaistik, imagine if we have a trading capital of 10000 USD then that target will make us financially sufficient.
#3 - February 05, 2019, 11:37:46 PM

Fxortrader

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Quote from: MUHAMMAD NUR FIRZA on February 04, 2019, 07:00:58 PM
Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades
I have a daily target, a maximum of 75% per day with just 10 $ capital, using a micro account, by managing money well, I think 10 $ capital can last a long time and the results of minimal profit without any risk, if we really manage it.
#4 - February 05, 2019, 11:50:36 PM

Rendy94

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a day I target 2% of the capital with a lot of 0.01 and only 10 points. for me it's easier. because it is not in a hurry to pursue profit
#5 - February 06, 2019, 02:08:50 AM

Rendy94

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Quote from: zanurreload on February 04, 2019, 10:00:21 PM
I target only about 10% per month profit, if I can be more thankful. If the most important thing is capital security, it's useless to trade if capital isn't safe and often call margin
in that month you will definitely get 10% profit? are you the swing trade type? what is the average pips per day you get?
#6 - February 06, 2019, 02:11:44 AM

Rendy94

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Quote from: ariezz on February 05, 2019, 11:37:46 PM
In my opinion, setting a profit target of 10% -30% per month is quite high and the range of numbers is quite reaistik, imagine if we have a trading capital of 10000 USD then that target will make us financially sufficient.
but also a decisive market. especially when there is news. are you among those who like to use stop loss or averaging?
#7 - February 06, 2019, 02:13:57 AM

zanurreload

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Quote from: Rendy94 on February 06, 2019, 02:11:44 AM
in that month you will definitely get 10% profit? are you the swing trade type? what is the average pips per day you get?
yes I am a swing trader, I don't want to have a target too big but have a big risk too. I am calmer trading with a small target but the important thing is that my funds are safe.
#8 - February 06, 2019, 05:35:10 AM

Rendy94

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Quote from: zanurreload on February 06, 2019, 05:35:10 AM
yes I am a swing trader, I don't want to have a target too big but have a big risk too. I am calmer trading with a small target but the important thing is that my funds are safe.
then what if in a week or a month the market conditions do not match your trading plan? do you still enter the market or just skip it?
#9 - February 06, 2019, 05:40:20 AM

aizafx

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There is no specific earning from forex trading, here is about profit and loss in trading, although you expect to make certain target profit, something that may be missing from your calculation is about risk in trading, sometime reality is not like as expectation, so trading forex is about learning how to manage money in uncertainty market condition
#10 - February 06, 2019, 06:13:02 AM

nawwa thalorenz

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Quote from: MUHAMMAD NUR FIRZA on February 04, 2019, 07:00:58 PM
Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades

right what you say, but in this forex business there is a wide open profit that we will get, what we need to fulfill in trading needs is a mature trading plan, ready with a proven technical system and very good money management, I am sure we will succeed, even though it is not easy, our job is just to try and pray so that the results can be maximal, whether it reaches 20% in one month or if it reaches more, in my opinion this percentage can be even more than we are targeting .
#11 - February 06, 2019, 08:14:40 AM

Tahajud

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In my opinion, a successful trader is a trader who is able to consistently earn profits, so not a lot of money is a benchmark for someone's success in trading, because it can only get a lot of money just beginner luck. But if someone has been able to consistently get a profit in a long enough period of time it can be said to be successful in trading




#12 - February 06, 2019, 08:35:38 AM

Black_Koujee

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Quote from: MUHAMMAD NUR FIRZA on February 04, 2019, 07:00:58 PM
Become a successful trader is not something that we could easily define as some believe that if they could be able to trade in the market with the right prediction all through they are rather okay some on the other hand could grade themself as being successful if they are able to make say 20% ROI consistently over a wide period of time with extremely less number of losing trades
For me personally, I do not target how much profit must be earned in a day, a week or a month. But I am targeting how much loss in a day. As if I was targeting a 2% loss in a day, so when I opened a position, and suffered a loss of 2%, I would leave the market. Because trading in a state of loss will affect our psychology.
That is in my opinion
#13 - February 06, 2019, 08:42:39 AM

aizafx

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Quote from: Black_Koujee on February 06, 2019, 08:42:39 AM
For me personally, I do not target how much profit must be earned in a day, a week or a month. But I am targeting how much loss in a day. As if I was targeting a 2% loss in a day, so when I opened a position, and suffered a loss of 2%, I would leave the market. Because trading in a state of loss will affect our psychology.
That is in my opinion
I think this is included good way to manage the risk in trading, when another trader they more concentration to target profit, but you more concentration for risk target, this is great way and profit that obtained is like as bonus for your effort, many professional trader also suggested to all trader with risk management not more than 5% 
#14 - February 06, 2019, 11:08:25 AM

Black_Koujee

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Quote from: aizafx on February 06, 2019, 11:08:25 AM
I think this is included good way to manage the risk in trading, when another trader they more concentration to target profit, but you more concentration for risk target, this is great way and profit that obtained is like as bonus for your effort, many professional trader also suggested to all trader with risk management not more than 5%
if that means my method is correct? That means I can become a successful professional trader ;D  ;D
#15 - February 06, 2019, 02:08:16 PM
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