Forex average returns
the hang of it, there will be more and more winning days. Instead of moving the profit target, try limit orders. Traders are expecting to make 100, 200, 500 in few weeks. However he made his millions as a retail trader. I have been trading forex for many years on a dummy account in order to achieve consistency. Leverage allows the trader to take on larger positions than they could with their own capital alone, but impose additional risk for traders that do not properly consider its role in the context of their overall trading strategy.
What are the average realistic monthly returns for a Forex trader?
Thinking you can get more is statistically incorrect. Keep your risk as low as you can and you will succeed. By that calculation, our trader is now down 2,362.50 (close to 5 of their initial balance). The price will always print no matter what, even 100 years from now. If they cant do it, why would anybody think they can come in, open MT4 with no knowledge of finance and economics or previous experience and produce 500 returns by drawing lines on eurusd 5 min chart. I find it decreases as I try and place more trades.