How much do you make a month? -
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thread: How much do you make a month?

  1. #21
    Junior Member gandano02's Avatar
    28
    perhaps you should open another thread and ask how much can you lose per month or how much did you lose last month. There are going to be more people interested in that thread. But I am not sure if they are eager to share that info.
    Should open a different thread and ask, How many transaction live accounts?
    The answer will most likely be 95% non accounts to 5% reside accounts.

  2. #22
    It is an amusing thing cause I believe the population which may want to boast - have nothing to gloat about. In any case, the overall population that have a remark about don't need you to realize what they make, don't want to gloat, and don't come here to do so. I was very recently inquisitive to understand what sort of rate pick up individuals with this collecting were accomplishing, I don't think of it as boasting, it could possibly be in a couple of regards yet I'd rather consider it looking at comes about.

  3. #23
    It depends on the dimensions of your account. If you're investing $15 million also, you ought to be earning 2 percent each month. If you're investing less than $100,000, you should be earning 6 percent to 8% each month.

  4. #24
    I think that guyes, who makes money every month will not answer to this thread, for security reason And guyes, who dropped cash will not answer, because they dont want to be loosers

  5. #25
    Senior Member Orduniik11's Avatar
    101
    Regrettably, I shed per month longer than I make. This will change soon.
    I am agree with comment. No very important to get large profit a month, more important to get profit each month.
    That is a great indiion that you are able to say that. It provides other traders expect and lets them see the fact which all of us lost at first. Keep this up, research and in case you haven't already, get firm rules on money managment. Put the maximum amount of risk per transaction and the maximum. risk/day. If you're a day trader find out the best times to exchange. (for me it is the overlap of the london and new york session) 6-10am mt. u.s. moment. Get a system and stay with it. Back examine it and see that it works and then stick with it! Dont increase your account size till you're getting possitive results. I am personally a discretionary based trader but I started with a system and developed a sense for the market from this.

    I am slowly getting into my full account dimensions and im positive 24.47 percent (according to percent/day/capital used that day) total and I havent dropped for 12 days straight.

    If anyone wants more information in my trading ill send you some charts of my transactions with some excuses, email me.

    Joe

  6. #26
    I shed per month more than I create. Hope this will change soon.
    I'm agree with opinion. No exact important to have large profit per month, more significant to have profit EVERY month.

  7. #27
    Senior Member elaydora's Avatar
    116
    I agree with jerom ...
    I also favor ursing a particular proportion of the equity ... but I always perform a position using a stop loss. . Never without it ... it all depends on what egy u think is best for ur trading style...

  8. #28
    Senior Member jaulest's Avatar
    515
    I already posted P/L for January http://simpleusername.blogspot.com/
    30 day free try it.

  9. #29
    Senior Member ttzombie's Avatar
    121
    Hi Joe.

    Maybe you should clear first all your hindrances in mind.

    Those would be the mind places that limits peoples mind.
    Its just like a travel who propose to walk instead of take the risk of riding in a bike or driving a vehicle.

    Folks have to THINK BIG for them to ACHIEVE BIG.

    I only use 10-20% of my account which can yield 5-10% gaining 20 pips for every place.

    My mentor told me to only use 10% of account to cut losses. I followed then it makes me shed a little and gain a little. When im studying continously and decrease the risk. Im much more confident to trade with greater than 10% in traditional and risk free trades and get greater profits. It much makes me happy and feel good.
    I miss sometimes but I dont count it. I forget it and focus on profits. There were instances that I have lot of losses instead of profits but nevertheless im very thankful I still have profits and my suppose for the transaction was correct but it only hit my stop loss when im away. But still I was happy.

    COUNT YOUR BLESSINGS. . Concentrate on THE BRIGHTER SIDE.

    These we're my words that I heard from business publiions, leadership publiions and articles, from successful people in different fields.
    By robert kiyosaki of rich dad poor dad, etc.

    Ive been a part of a small group of people and a leader. I talk in stage or in front of people to talk about.
    For you to be successful in a certain field,
    you should decide first
    clear limiting beliefs,
    believe you are able to
    and share it with people.
    count your blessings.

    Consistently FEEL GOOD.

    This will make u stronger.


    LONG LIVE PHILIPPINES!

    Watch yourself in prosperity.

  10. #30
    Senior Member Orduniik11's Avatar
    101
    At the conclusion of every day I write in my journal and I place my -

    available:
    high:
    low:
    shut:

    on very top.

    I write a list for the day and list my principles and state if I followed or not -

    - no risking more than 2%/commerce - yes/no
    - no risking more than 5%/day - yes/no
    - no averaging down - yes/no
    - with stops on all trades - yes/no
    - no trading following 10am - yes/no (I commerce 6-10am mt period)

    Then I write what I made/lost for the day in relation to the funds of the account I had been using.

    I take this amount and I chart it in excel, each day has three numbers, the dailey p/l, the accumulative p/l (this one I use in relation to the entire amount of my account, because I use differant capital amounts/week), and yet another amount I wear excel (and among the most essential numbers) is my own drawdown for the day.

    Once I add up my P/L for each day I receive 21.47% because I began at january (1-1-11) (this is exactly what I would have if I exchanged the complete amount of my account because I began). My accumulative p/L for the account is 10.10%.

    Thats where I am in relation to this thread. It will be hard to have a feel for how the general population of retail trades function. Even when traders are losing they dont think of themselves as the 95 percent of unprofitable traders. In the moment I dont consider myself as part of the 5% profitable traders. Its a clean before the trader has probly annually old trading under their belt.

    P.s. I managed to flip todays trading around for those who read my article this morning - 11 winning times in a row, that doesnt sound like random markets!

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