u can share monthly also
I m a beginner just want to estimate what %age return can be considered good in the market
I saw many Stories how People went from Poor to rich through forex trading… and then on other side I read that 5%-10% per month is what best traders do … but this doesn’t make sense if someone was poor and started with small capital how much % he would be doing so as to become that rich
Share your perspective 
Careful, most people who will come here to boast about their secret will try to sell you shit
Hey, I have just turned consistent after a few years. Your question is probably difficult, because traders are trying to scale all the time.
For example, this month I passed another prop account, so technically this month I made 15% (to pass FTMO) - no withdrawals yet. On another account, I have made 4 %. I would say, if you consistently do over 2 % a month, you are doing well.
I have read elsewhere that a good year for a professional trader is probably ~40%. Obviously, all of this depends on account size and psychology. Are you going to trade $1,000,000 the same way you trade $100,000 ? Fuck no. You need to work your way up to seeing those numbers, as a 2% gain could be your current 4 month salary,
With being extremely conservative i avg 20,5 % per anum cca for the last 4 years.
2021: 21%
2022: 18%
2023: 27%
2024: 16% so far
This is my 8ght year in the markets and i still have yet to meet a person who does 10% per month and has a proven track record via 3rd party … for multiple years.
Nick FX even offered a 50k reward to someone who could provide similar data.
@Pace
I personally know of 2 traders that are averaging way over 10% per month pretty consistently. They’re not youtubers, they don’t flaunt their wealth online and they don’t teach/sell courses. They live of their trading.
They exist. You don’t hear about them because trading is a business and they have nothing to prove to anyone. They also want to stay under the radar and prefer not to wake the IRS.
@Pace
I think you would get more money on stock investment and a lower risk. That’s too low man…TOOOOO LOW.
Ellis said:
@Pace
I think you would get more money on stock investment and a lower risk. That’s too low man…TOOOOO LOW.
Wait you guys make a return, i only know how to lose money unfortunately lol
5-10% is a decent return to be honest. Ignore the noise in the mainstream media, brokers are still recording a high percentage of unprofitable traders. You can do 5-10% consistently? Then work on getting more equity and scaling up rather than looking for a 70% win rate ROI strategy.
Herein is why prop firms are thriving.
@Lennox
Well, it’s probably more due to the fact that the majority choose to trade forex over stocks and futures for bizarre reasons.
fuck all.
Percentages aside, since you’ll get people claiming everything and anything. Trading usually does not make the poor, rich. It makes the rich, richer. If you’re poor and want to be rich, start a business.
It’s not impossible to work your way up trading, but realistically you got to be like me and grow up with a golden spoon up your ass. If you got parents who are willing to pay for everything (and I mean everything, even the gas in my bmw [that they also paid for] was paid for) then you might make it trading. I started with just $6,000 but it’s far easier to make it when you don’t have to spend a dime. Then the dollar amount is just a scorecard like a demo account.
But if you’re taking like $10k and you got $5k in bills per month, forget it. You got to return 50% per month, every month, just to stay afloat. That’s not happening.
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Ellis said:
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0.5% of 100% of the equity, equals 5% of 10% of the equity. You’re risking 5% per trade because your drawdown limit is 10% of the equity. You never get to actually trade the full equity because of the drawdown limitation. No matter how you twist and turn it, you’re risking 10 times more than you actually want and should.This is the most common misconception with people who use prop firms.
@Archer
If you love data so much, perhaps take a look at risk of ruin factor here.
If data supports it, one could even risk 3% of total equity per trade… if the probability of loosing 3 in a row is extremely low (nothing is impossible)
So your comment makes sense on the surface… but you’re the one with a misconception:)
@Archer
I said IF data supports it… i presented a hypothetical scenario that negates your theory of having to risk a certain amount.
IF data supports it, you could even risk 5% per trade… presuming you know losing 2 times in a row won’t hapen.
