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

  1. #1
    Junior Member Rex33's Avatar
    14

    How much do you make a month?

    Hi,
    I wish to know how much different traders are raking in on their live accounts in % on average per month?
    And if you don#8217;t head share the capital you use, in case you don#8217;t want to say specific numbers use the below references:
    Micro lt; 1000 $
    Small lt; 10,000$
    Medium lt;100,000$
    Large lt; 1000,000$
    shark gt; 1000,000$
    or do#8217;t even cite the account size up to you.
    Also don#8217;t mined hearing damaging %.

  2. #2
    Junior Member New's Avatar
    11
    I made roughly 10-15 percent a month just. . Thats the I could create. If I were to push for more. . I would wind up loosing. Lately got stopped out for $30k due to my very own greed and ego without a stop loss during might 6th tragedy.


    please use stop loss...

  3. #3
    3 accounts, -100% reduction in all.

    95 percent of traders fail, if the survey don't show these numbers it is because people here lie.

    That is because polls are a total waste of time, you won't ever know the fact with a survey, specially if it's an Internet poll.

  4. #4
    Junior Member Rex33's Avatar
    14
    -$2000 initial
    -started last week
    -currently $1979 because platform does not allow hedging
    -I've a great platform so I should be up in no time
    really wonderful to see someone quoting figures .

    I might suggest that when the broker imposes restrictions on your own trading move to a different broker.


    The way the account performing today ? up or down ?

  5. #5
    Test
    Guest
    -$2000 First
    -started last week
    -currently $1979 because platform doesn't allow hedging
    -I've a good system so I should be up in no time

  6. #6
    Member fanl1's Avatar
    45
    ) Still another one...

  7. #7
    Senior Member Tataylo's Avatar
    435
    I don#8217;t think he was speaking to help traders with single transactions....
    Fair enough. It seemed to me like he was asking for individual transactions to be submitted, but it is quite possible that I misunderstood.

  8. #8
    Junior Member Rex33's Avatar
    14
    I do not think that it's always possible to say everything went wrong with an individual commerce. Losses often happen not because of any oversight, or mistake of judgement by the trader, but only because of the random sequence of wins and losses which detract from following any egy. To state the obvious, no retail trader can (1) control the market, or (2) forecast the market with 100% accuracy. Therefore there will always be losses simply as a matter of course.

    The converse also applies. Anybody can post several perfect specimen transactions, where...
    I do not believe he was referring to help traders with solitary transactions but rather if a trader is loosing always over several months and for some reason dose not understand it is a lost cause and he or she wants a complete change of egy or a slight shift in MM like some maximum losses stop per month.
    And in this thread we aren't dealing with individual transactions or a string of a few trades rather the entire account since inception and I'd hope that when people read average monthly percentage profit they will be considering least 100 trades as a sample dimensions and at least 2 months to take a typical.
    It's not always true that you are the one person who can review your own trades, if you're trading using a martingale based egy I could provide you advice to not trade with it as its only offsetting losses to blow your account at a later point in time, It would have been good it somebody had told me when I was experimenting with martingale systems long ago but I probably would not have listed any manner continued my experimentation that cost me a few million to operate.

  9. #9
    Senior Member Tataylo's Avatar
    435
    Then perhaps the community could help to examine what went wrong an try to help mend while analyzing.
    I do not think it's always possible to state everything went wrong with a single trade. Losses often happen not because of any oversight, or mistake of judgement by the trader, but only because of the arbitrary sequence of wins and losses that detract from following any egy. To say the obvious, no retail trader can (1) restrain the market, or (2) predict the market with 100% precision. Therefore there will always be losses just as a matter of course.

    The converse also applies. Anybody can post several perfect specimen transactions, in which their egy generated entry and exit points that coincided with market reversal points. But that does not mean that their egy will be long term profitable. In my experience, it takes several hundred transactions, and many winning weeks, to demone consistency across all market conditions. Anybody may get lucky (or unlucky) for a little while, just by imagining.

    One issue with reviewing transactions is the temptation to berate yourself with the likes of the way dumb - why didn't I see that area of support that is evident? Or why didn't I let profit run further? . I spent over a year going around in circles driving myself nuts with this kind of self-talk. Slowly, I came to the realization that technical tools (indiors, line studies, etc) are nothing more than a 'road map' to help me interpret the market. A trendline, as an example, is nothing more than a lineup of my own devising; it isn't a restriction imposed upon the market. I have no reason to believe that I, an insignificant retail trader, have created a self-fulfilling prophecy. LOL.

    It is mathematically possible to turn 10k to a billion in 30 weeks, by averaging 50 percent ROE a month. And, as I indied in my previous article, it is simple enough to upsize 5% ROE to 50 percent ROE (or some other figure you choose) by just increasing %risk per trade. But one big problem is drawdown. The world's greatest traders sometimes experience prolonged sequences of losses. That is the reason why many of these peoples manage capital, to give themselves a massive capital base, permitting position sizes that are tiny enough to allow them to endure substantial equity changes. Here is an interesting post by a trader with 25 years' experience who states that the only means to make a million dollars is to win $10m from winning transactions, while losing $9m from losing transactions.

    Everybody's egy differs. For example, a trend trader buys in an uptrend, though a counter-trend trader in precisely the exact same situation sees price as being clubbed on his period, and he also sells. Neither is always wrong or right, but if they were to go over each others' transactions, each could easily state that the other was wrong. The more I know, the more I recognize is that the only person that has the credentials to review my own transactions is me. And that, supposing I have a real advantage, then a wrong trade is determined not by its P/L, but upon just how flawlessly I implemented the trade in accore with my egy.

  10. #10
    Junior Member Rex33's Avatar
    14
    Dutch Trader - your survey and the comments on your first post are asking for different items - % made on most of Currency Market deposits vs % yield PER MONTH - was that intentional?

    Also you may have more prepared contributors should you clearly state the goal of the thread and what you hope to learn or share out of it - if it's merely out of interest then maybe you will not get much response.

    More importantly, this isn't a criticism of you but only a general remark - it's not difficult to comprehend why people are curious about just how much money do you make,...
    Yes I added the survey following the first page because people were simply prating about rather than answering my query, and the intent of my question wasn't to compare my own progress from other people.
    Really I am only a little bored (because I only receive a entry about once every 2 days, which has to be timed down to the 1 to 2 min)and I wanted to ask the question that no one ever seems to ask because it is thought to be rude to ask, I don't think its rude.
    I have risk management construct in to my genes, no need to ask questions relating to this.

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