How much money can you make in Forex?
🔸Consistentcy is the key - top professional traders aim to generate
20-30% returns / per month, obviously depends on account size,
risk tolerance, max DD, std lots exposure and multiple other factors.
🔸Depends on your trading style and risk profile, obviously.
Currently algo traders / full-auto systems generate the best returns.
🔸Forex trading bots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, PineScrips, Python and cAlgo.
🔸High-risk compounding strategy: Assuming you can double your cash multiple times in succession and start with 1,000 dollars, the 10th time, you would be a millionaire. It implies that assuming you contribute $ 1,000 and double, you contribute $ 2,000 and double, then, at that point, you do it from time to time, you will be a millionaire when you double your money the 10th time.
🔸Lower-risk strategy: risking no more than 1-5% per trade, limiting your exposure via trailing SL strategy or adjust SL to BE as soon as the trade
generates decent pnl
🔸If you want to separate yourself from the 90% (probably closer to 95% in my opinion) of traders who lose money consistently, you have to think differently.
🔸Most Forex traders overtrade and overleverage their accounts in an attempt to make 50%-100% profit or more every month.
🔸So to be in the top 5% to 10% of traders, you have to do the opposite. You have to put more focus on how much money you could lose rather than how much you can make.
🔸A higher win rate gives you more risk/reward flexibility, and a high risk/reward ratio means that your win rate can be lower and still stay profitable.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
20-30% returns / per month, obviously depends on account size,
risk tolerance, max DD, std lots exposure and multiple other factors.
🔸Depends on your trading style and risk profile, obviously.
Currently algo traders / full-auto systems generate the best returns.
🔸Forex trading bots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, PineScrips, Python and cAlgo.
🔸High-risk compounding strategy: Assuming you can double your cash multiple times in succession and start with 1,000 dollars, the 10th time, you would be a millionaire. It implies that assuming you contribute $ 1,000 and double, you contribute $ 2,000 and double, then, at that point, you do it from time to time, you will be a millionaire when you double your money the 10th time.
🔸Lower-risk strategy: risking no more than 1-5% per trade, limiting your exposure via trailing SL strategy or adjust SL to BE as soon as the trade
generates decent pnl
🔸If you want to separate yourself from the 90% (probably closer to 95% in my opinion) of traders who lose money consistently, you have to think differently.
🔸Most Forex traders overtrade and overleverage their accounts in an attempt to make 50%-100% profit or more every month.
🔸So to be in the top 5% to 10% of traders, you have to do the opposite. You have to put more focus on how much money you could lose rather than how much you can make.
🔸A higher win rate gives you more risk/reward flexibility, and a high risk/reward ratio means that your win rate can be lower and still stay profitable.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
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🚀75%+ win rate free gold signals
t.me/syndicategold001
🏧MT4 Forex EA/bot 5%/day algo trading
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taplink.cc/prsyndicate
🔥primary telegram channel
t.me/thesyndicate001
🚀75%+ win rate free gold signals
t.me/syndicategold001
🏧MT4 Forex EA/bot 5%/day algo trading
breakoutedge.cc/
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