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In one month how much I can earn in trading?

Topic: In one month how much I can earn in trading?

hey everyone actually i am new user in forex tarding and i want to know that how much i can earn in a month by spending 6 hours daily and how can i made an account please inform me thanxs.

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Re: In one month how much I can earn in trading?

in forex , u will gain and loss , ur monthly profit is not fix , may b in - or in + too .

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Re: In one month how much I can earn in trading?

its not depend on how many pips u gain. its depends on how many pips u lose. if u lose as many as low, your winning percentage will be higher

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4

Re: In one month how much I can earn in trading?

It also depends on your working capital.
But start on demo first before you think you are able to make a living of trading

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Re: In one month how much I can earn in trading?

From mathematical point of view your profit depends on:

- general profitability of your strategy (24 hours, 5 day per week; pips/order - info based on minimum 200-300 orders, ideally 500). Before start trading on real money you should investigate your strategy on long term period (idealy few years or more than 300 orders). Two most interesting things are biggest drawdovn you found and graph form (ideally rising line, but very often its wavy line...)

- how many hours you can spend near PC/terminal (it will be some part from previous point, for example 50%);

- lot for 1 order you trade, bigger lot - more profit (based on your deposit, which should be minimum 2 times bigger than biggest drawdovn according to your strategy)

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Re: In one month how much I can earn in trading?

Learning Forex trading and investing in general takes many years. But you can still make money at it, as long as you are disciplined. You must master the psychology of trading. Everyone wants to make money fast and it usually doesn't happen as fast as we want.

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Re: In one month how much I can earn in trading?

With Forex, there is a 50 percent chance of being right or wrong (BUY or SELL). It doesn't matter which one you pick. You just need to have a strict RISK/REWARD ratio for every trade.

If I trade 100 times, I will be right 50 times and wrong 50 times. So If I have 100 dollars, and I RISK 1 dollar per trade, I need to be REWARDED 2 dollars for each time I trade. That is a 2 to 1 RISK to REWARD ratio. I gain 2 dollars for every 1 dollar I risk.

So I lose 50 dollars for the times I was wrong, and gain 100 dollars for the times I was right I will profit 50 dollars for my 100 trades.

If you can figure this principle out from the beginning, you will save yourself a lot of trouble.

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Re: In one month how much I can earn in trading?

I know a guy who makes 2-3K overnight. I don't know him that well, so I can;t ask him about his strategy, and I don't thing he would reveal it anyway.

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Re: In one month how much I can earn in trading?

yea

i've watch tv about youngest millionaires in UK, there was young fella who makes at least 30k pounds per month...

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Re: In one month how much I can earn in trading?

It is better doesn´t think in money, but think in doing a good trading. First is work fine and second gain money.

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