thread: How much do you make a month?

absolutely. I have found compounding are the most powerful factor. That is precisely why trade management is so essential. If you control risk first, this keeps you in the game and enables compounding to work for you as long as you've got an advantage.

Hello Joe, it considerably been better if you step into to the unsure immediately. You'll learn more by making it to live account and risk yourself. We may lose but theres a wisdom following it. It is the experience, the skill, the knowledge earned and much more.
I have been playing demo account for weeks while still searching for the correct college to find out this thing. Demo account will let's get familiarized with all the platform and also make us step into a new world.
Then I took the course at Philippines manila where im living and after taking the course for a single week,...

hello jeromesmyle, thank you for your answer and your help, however, I only traded demo for 1 month at december. I've been trading live with real money because 1-1-11. I completly agree with you that demo is a waste of time (once you are familiar with the platform and possess a basic understanding of your own trading).

Your goals are extremely large 5-15 percent/day is extraordinary. I think with these expectations you will have significant drawdown and overwhelming emotions to control. That is my personal opinion and I would do things differantley, but you are in control.

I ussually risk 1% on every one of my trades, never over 2% for me. More than that and I would increase my risk of ruin. When I start losing personally, I know for me, I increase I dont wait and my trading dimensions for proper entries. I start losing more and more. The time will come when I will probably have 10 maybe 15 declines in a row and I want to come from that having money to trade.

We make money at this sport by raising our skill and decreasing our risk.

I also wanted to comment on you calculations for account development,

5 percent/day x 20 days is 165% if you are compounding you gains dailey. I am not trading my entire account dimensions yet, but when I do, I will probly be compounding my account each week. Compounding gains is among the most attractive parts of trading.

I hope everybody's trading is going well this morning mine is not. Hopefully it can turn around.

joe

Hi,

Before heading demo and reside I spent three years studying technical and trading analysis. In that time I did not invest a dollar more than I had to and I worked as much overtime as I could. I watched little TV and I spent a wonderful portion of my free time reading and studying trading.

I started trading demo from december 2010. I thought this demo period would last quite a while and that I would require more time to get a sense of trading, However things went well and delivered a substantial test in and started trading reside in january 2011. I.. .

Hi Joe, it considerably been better if you step into to the uncertain immediately. You'll learn more by making it into reside account and risk yourself. We might lose but theres a wisdom. It's the experience, the skill, the knowledge made and much more.
I have been playing demo account for months while looking for the correct school to learn this thing. Demo account will let us get familiarized with all the platform and make us step into a new universe.
Then I took the course in Philippines manila where im living and after taking the course for a single week, then I go for account. That took me one month plus to make it all there. While waiting, I played with demo.
However, when I reach the live account, the world seems different because im playing with real money and taking the first step to receive my dre.

I heard a lot with dwell account as my mentor told me. I read and read and see, watch world news, exploring the cliqforex, daily fx, fx360, getting in to sites and forums that I havent heard while playing demo.

And then heres my egy for trading.


Everyday get at least 5% - 15% or something greater.

20 days market available.

Feasibility Study
5% x 20 days trading. = 100% profit per month.

8% x 20 days = 160% profit / month

10% x 20 days = 200% profit / month

15% x 20 days = 300% profit / month.

What if u have profit 100% each month then what will you get in 10 months of experience? Knowledge? Abilities?

What if u have profit 50 percent each month then what will you get in 10 months of experience? Knowledge? Abilities?



It is based upon the people on how they will spend some time with trading.

But thats how it is.

I hope this post is helpful. . Thanks.

Hi,

Before heading demo and then reside I spent three decades researching technical and trading analysis. In that time I didn't invest a dollar more than I had to and I worked as much overtime as I could. I saw small TV and I spent a fantastic portion of my free time studying and researching trading.

I began trading demo from december 2010. I thought this demo period would last quite a long time and I would need more time to acquire a sense of trading, Yet things went well and I sent a sizable check in and began trading reside at january 2011. I began trading 1/10 of my starting capital now. I lost 7% (of 1/10) my first day of trading.

It was a rocky road for the first two or three months but I was managing breakeven. There certainly were a lot of errors I was able to learn from. Averaging down was my biggest defect.

Because time (per month at a half ago) I gradually began trading more of my full account size (increaseing per week if past week was possitive and rules were followed). This week I am trading the complete account and I have sent in a check 5x the size of my first check to in anticipation for an increase in capital for next week.

Last week I have had no greater than .5% drawdown (daily) on my full account and I have created a total of 6.3% for the week (so much, still tomorrow (to either win or eliminate ). My ratio of drawdawn to increase on capital is improving every week!

Trading is potential, the markets (so much for me) are not random. Be disciplined as you can, and dont begin undercapitalized.

If anybody has any questions regarding my trading I would love to tell you what I have heard, please email me.

joe

u guys need real figures? This is....

nice back office, I see the drug company is going well this year

Drug industry going well every year.


Not a question just how much you make a month. Question is how can make.

U men want statistics? Here it is. I played with 10 or so demo accounts with a lot of brokers for a couple weeks then I believed that I was the shit.... Until I opened an actual account. (rolls eyes) Yeah = 1st micro account deposited 65 dollars. . Lost it all but 6 bucks in a matter of 4 days. 2nd micro account with another broker deposited 100 dollars got a 20% bonus therefore 120 in 3 weeks brought it up $356 and shift then lost most of it... 3rd micro account back into the first broker I used originally,deposited 300 and I've 267 left in that account...

then moved back to demo then believed I was king shit back (rolls eyes again. .)

Deposited $3000cad at a small account said my life risked 80 percent on all transactions ended up with $7 356 at a couple of hours ( I got lucky and also the market shot up right when I entered long and I just sat and watched)

then greed took over and two days later my 9k drained in two transactions into a $900 equilibrium

then smartened up and moved into babypips school and studied and currently with 5k deposit I'm making about 350-500 per week. Always now for a month... it's paying for my txtbooks and gasoline and film tickets. . While my other part time wal mart job allows me to save good shift while I go to school.

my back office.... No time to rely

How is it you sneak in my garage and photo my lute?

Wow, I just handled 1.2M this month:

http://images.townnews.com/thenewshe...b874366768.jpg

3-8 percent a month. If a blessed event happens, I could get up to 15 percent a month.