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View Poll Results: How much % profit you make per month on an average.
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less than 10%
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67 |
32.06% |
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11% - 30%
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41 |
19.62% |
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31% - 50%
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14 |
6.70% |
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51%- 70%
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9 |
4.31% |
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71% - 100%
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7 |
3.35% |
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100%- 125%
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6 |
2.87% |
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126% - 150%
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0 |
0% |
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151% - 175%
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3 |
1.44% |
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176% - 200%
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9 |
4.31% |
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more than 200%
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13 |
6.22% |
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near breakeven
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14 |
6.70% |
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loss more than 10%
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26 |
12.44% |
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24-07-2005, 01:22
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#17
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old hand
Join Date: Oct 2003
Posts: 1,066
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Re: How much you make per month
mssarath, wellcome aboard
Do you mean "make per A month" ?
or
"make per your BEST month" ?
or
"make per AVERAGE month for one year" ?
I've added two more options to your poll ![]() just in cases some guys understand your question on their terms.
May I ask - how long do you plan to stay on Forex ?
__________________
Take Care and Have Fun
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24-07-2005, 02:48
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#18
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level 3
Join Date: Jun 2005
Posts: 103
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Rep Power: 4
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Re: How much you make per month
Quote:
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Originally Posted by MickMason
The truth? Look on any chart, see the potential for yourself, now all you have to do is find a way to take advantage of those moves.
100% per month, lol, if you manage to make $1 profit per month during your first year you'll be doing well......
Mick
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I will show you after i start , surely it will be over 1$ 
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24-07-2005, 02:51
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#19
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level 3
Join Date: Jun 2005
Posts: 103
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Re: How much you make per month
Quote:
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Originally Posted by mishak
mssarath, wellcome aboard
Do you mean "make per A month" ?
or
"make per your BEST month" ?
or
"make per AVERAGE month for one year" ?
I've added two more options to your poll ![]() just in cases some guys understand your question on their terms.
May I ask - how long do you plan to stay on Forex ?
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thanks for changing, i didn't know how i can change t he poll option .
how long? after i start if i like it after 4 months of trading i will stick with it , else i will give money to some other brokers to trade for me 
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24-07-2005, 02:56
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#20
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Fibonacci KISS trader!
Join Date: Apr 2004
Posts: 3,783
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Re: How much you make per month
Quote:
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Originally Posted by TraderABC
Some do 120-200% a day.
There has been a case when a person made 2k% (I said percentage points) in a day for two days which made his 10k deposit go to half a million in ~8 hours of total work.
In utions someone made 697% a WEEK.
AIM FOR THE MOON AND EVEN IF YOU MISS YOU WILL END UP AMONG THE STARS.
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.....or with your head in the clouds! Get real, no-one in this business is making anything like the numbers you've come up with, you're living in a dream world.
mssarath, I hope you do make more than $1, I hope you don't lose your shirt, but going by your question you have a long way to go before you turn a profit!
Good luck!
Mick
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24-07-2005, 10:23
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#21
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level 3
Join Date: Jun 2005
Posts: 342
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Re: How much you make per month
Quote:
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Originally Posted by MickMason
.....or with your head in the clouds! Get real, no-one in this business is making anything like the numbers you've come up with, you're living in a dream world.
mssarath, I hope you do make more than $1, I hope you don't lose your shirt, but going by your question you have a long way to go before you turn a profit!
Good luck!
Mick
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People DO make those numbers and it is a fact. The only thing is perhaps not always. Just because most people loose, doesn't mean that some no-lifes dont make a lot of money. It is certainly possible to make those numbers.
Remember it is theoretically possible to do that. Lets take GBP for example. Its range is often 150+ to 200+ pips. If you catch 100 pips on 1 lot, then you've made 1000$ dollars which is 10% off a 10,000$ account. If you were REALLY sure and used 10 lots, then you've made 100%... Or you could divide the lots between few currencies such as Cable and swissy.
Just because you cannot do it, it doesn't mean that OTHERS cannot do it.
Very often when a person says that "oh you can't do that" it often means that "I can't do that and I'd be jealous if you do that"...
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24-07-2005, 10:38
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#22
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Fibonacci KISS trader!
Join Date: Apr 2004
Posts: 3,783
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Re: How much you make per month
Quote:
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Originally Posted by TraderABC
People DO make those numbers and it is a fact. The only thing is perhaps not always. Just because most people loose, doesn't mean that some no-lifes dont make a lot of money. It is certainly possible to make those numbers.
Remember it is theoretically possible to do that. Lets take GBP for example. Its range is often 150+ to 200+ pips. If you catch 100 pips on 1 lot, then you've made 1000$ dollars which is 10% off a 10,000$ account. If you were REALLY sure and used 10 lots, then you've made 100%... Or you could divide the lots between few currencies such as Cable and swissy.
Just because you cannot do it, it doesn't mean that OTHERS cannot do it.
Very often when a person says that "oh you can't do that" it often means that "I can't do that and I'd be jealous if you do that"...
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lol, who are you trying to convince, me or yourself? Theoretically it's possible to do a lot of things, that's the attraction of trading FX, people look at a chart and see 150pip moves and multiply it by their overleveraged account and work out in a couple weeks they'll be millionaires.......in reality it never happens, they forget to look at the potential downside.
Your theory of "....If you catch 100 pips on 1 lot, then you've made 1000$ dollars which is 10% off a 10,000$ account. If you were REALLY sure and used 10 lots, then you've made 100%...." is one shared by many hopeful people, they usually end up blowing their account within a few months, some within a few days
Feel free to prove me wrong, then I'll be jealous, until then it's stuff I've heard a million times before....
Cheers
Mick 
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25-07-2005, 02:37
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#23
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moderator
Join Date: Apr 2004
Posts: 549
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Re: How much you make per month
hilarious!!
19 votes and not one will admit to losses lol
absolutely rolling on the floor here - cos being honest is the first step to making money
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25-07-2005, 05:00
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#24
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level 3
Join Date: Nov 2004
Posts: 333
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Re: How much you make per month
Its all about having a sustainable return rate. If you have two days where you make 50% and then you lose 50% the third day you actually dont have a good return at all. Those guys that made 600% in a week had UNSUSTAINABLE growth. View it this way if someone can make even a 100% in a month in a year thats a 409500% gain annualized. IT DOESNT HAPPEN! Shoot for sustainable growth. All one needs is 5%-10% returns a month which comes out to 80%-213% annualized. And that will put you in the top of the ladder. In this business there may be 10 one hit wonders out of 100 but there will only be 1 long time winner out of a 1000.
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