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Old 20-04-2005, 08:53   #6
tim_nn
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?

Quote:
Originally Posted by achilles28
I am new to forex trading and would like to get an idea what compounded, percent return successful forex traders average per year, using sound money management?
Well, I don't _think_ that you'll be able to get that by asking the question here, and not only for the reasons Midge suggests.

My own takings are sadly not fully compounded, because although I've been making a living from trading for nearly 5 years now, I'm in the position of the overwhelming majority of home-based, self-employed "small traders" of living off my fund, to some extent, at the same time as trying to increase it. Undercapitalised, in other words. And if that's still true for me, I imagine that it will be true to a greater or lesser extent for very many others.

Most people (including most traders), when planning their activities in life (including their activites in trading), seriously overestimate what they can achieve quickly and seriously underestimate what they can achieve eventually.

I make something between 4% and 8% per month, every month.
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