How much money can a seasoned semi-pro make with trading on Forex?
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thread: How much money can a seasoned semi-pro make with trading on Forex?

  1. #1
    Garc?a
    Guest

    How much money can a seasoned semi-pro make with trading on Forex?

    Hello!

    I am still quite fresh in this all, working on my egy, cash management and everything.

    Anyway, I was wondering, what could a veteran semi-pro do, if you would give him $10.000. Is it likely that he could turn this money into, let us say, $20.000 per year, without needing too much of a risk? Might it be feasible to have this sort of profits, if your account's vulnerability is maximum. At 6 percent? Or do you need to take larger risks to attain a 100% yield?

    And what do most of you find simpler to trade - Forex or Stocks?

    Sorry for the n00bish questions, however I want to hear your replies and opinions. Thanks! http://forums.babypips.com/images/smilies/smile.gif

  2. #2
    Thank you, answers are much appreciated!

    @philmcgrew: hehe, had a good laugh on this. Nonetheless, it's probably true.


    @: can you please clarify, why can it be more difficult to master Forex, than stocks? Just wondering...
    I cannot inform you. You need to learn your error at your own manner.

  3. #3
    Member
    38
    If that's your answer then why bother participating in this forum? The initial poster deserves better than that.

    Do not be scared to say I'm a 22 year old smartass and I did not know what I was referring to.
    Ouch!

    Phil, when you state 10k with 2k return over 2 months you mean that a general 10% return on average iyo (in your view. Copyrighted by mepersonally, right now)? This is definitely the most essential question imo, as pip values may alter and as cash increases so does income/loss.

  4. #4
    Timeless reason why you shouldn't believe everything they see on the internet, newspapers and what they hear on TV
    Huh?

    Did I say I come here to discuss and share my trading expertise with individuals?

    The answer is No. .

    I like to see trading forums and place anything what I would like.

  5. #5
    Hello!

    I am still very new in all this, working on my egy, money management and everything.

    Anyhow, I was wondering, what could a seasoned semi-pro do, if you'd give him 10.000. Is it possible that he could turn this money into, let us say, $20.000 per calendar year, without taking too much of a risk? Might it be possible to have this kind of gains, if your account's vulnerability is max. At 6%? Or do you want to take larger risks to achieve a 100% yield?

    And what do the majority of you find simpler to trade - Forex or Stocks?

    Sorry for the n00bish questions, however I want to hear your replies and opinions. Thanks! Http://forums.babypips.com/images/smilies/smile.gif
    Forex is simpler to trade because:

    1. Everyone has the same rights to trade at anytime, anywhere. (banks/super traders or Hedge Funds have the same rights as a smart little trader.

    2. Forex, has only 1 risk. That is the Global Market Risk.

    3. Forex has a Leverage Method. It's possible to place less money to earn large.

    4. You May Hedge in Forex.

    BUT....

    Forex is hard to master! Much harder than stocks....

    Everyone concur with me?

  6. #6
    Gal?ctico
    Guest
    A excellent trader can probably churn out involving 6-10% a month.

    It is dependent upon your systems expectancy, price action,%risk/trade, etc..

    Some traders maintain 20 percent on monthly basis. (Horse dung)

    I've just seen one documented trader take 20 percent off the table on a daily basis. (I don't think he deals any currencies)

    He's also on the Forbes list. (John Arnold)

    Setting up unrealistic expectations is a great way to dismiss an account.

  7. #7
    Garc?a
    Guest
    Thank you, answers are appreciated!

    @philmcgrew: hehe, had a good laugh on that. Nonetheless, it's probably correct.


    @th_ngue21: can you please clarify, why can it be tougher to learn Forex, compared stocks? Just wondering...

  8. #8
    I believe 20% a month may be acheived... nevertheless on a cash basis, without leaverage anything over 20% per annum on a constant basis would be quite excellent.

    In order making in excess of 20% a month you need to be a rather skilled short term futures trader with stacks of subject. However to be making 20% or 10% a month you will be exposed to a larger drawdown than 6% I feel. I think you'd need to stomach 20%

    Of couse all these characters are pie in the sky, you never knows.

  9. #9
    Junior Member laura.delgaado's Avatar
    27
    I can't tell you. You need to learn your error in your manner.
    If that's your answer then why bother engaging in this forum? The initial poster looks better than that.

    Don't be scared to say I am a 22 year old smartass and I didn't know what I was referring to.

  10. #10
    Huh?

    Did I say I come here to share and discuss my trading experience with peoples?

    The response is No. .

    I just like to see trading forums and post whatever what I want.

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