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View Poll Results: How much % profit you make per month on an average.
less than 10% 66 31.73%
11% - 30% 41 19.71%
31% - 50% 14 6.73%
51%- 70% 9 4.33%
71% - 100% 7 3.37%
100%- 125% 6 2.88%
126% - 150% 0 0%
151% - 175% 3 1.44%
176% - 200% 9 4.33%
more than 200% 13 6.25%
near breakeven 14 6.73%
loss more than 10% 26 12.50%
Voters: 208. You may not vote on this poll

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Old 24-07-2005, 00:22   #17
mishak
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Exclamation 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 ?
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Old 24-07-2005, 01:48   #18
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Post Re: How much you make per month

Quote:
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

I will show you after i start , surely it will be over 1$
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Old 24-07-2005, 01:51   #19
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Post Re: How much you make per month

Quote:
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 ?

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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Old 24-07-2005, 01:56   #20
MickMason
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Re: How much you make per month

Quote:
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.



.....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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Old 24-07-2005, 09:23   #21
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Re: How much you make per month

Quote:
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

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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Old 24-07-2005, 09:38   #22
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Re: How much you make per month

Quote:
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"...



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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Old 25-07-2005, 01:37   #23
Soul-Trader2004
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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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Old 25-07-2005, 04:00   #24
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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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