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Old 20-04-2005, 09:42   #9
achilles28
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Quote:
Originally Posted by tim_nn

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


Thanks bro. Thats not bad at all! Way to go
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Old 21-04-2005, 00:07   #10
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Average ROI more than 10% per month. But I think it's so small....
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Old 21-04-2005, 00:13   #11
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Hiya tim_nn,

No, I don't recall that quote in "Fooled by Randomness". I picked it up from one of the other published materials on Taleb's web site.

Glad you appreciate it


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Old 21-04-2005, 00:18   #12
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
achilles28,

Quote:
See what I mean?


Got it. Sorry if I missed on the jocularity and levity. I was genuinely trying to contribute/help. I probably take my trading too seriously , but, hey, it's my living.

Enjoy,

MidGe
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Last edited by Midge : 21-04-2005 at 00:26.
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Old 21-04-2005, 09:18   #13
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Quote:
Originally Posted by Midge
achilles28,

Got it. Sorry if I missed on the jocularity and levity. I was genuinely trying to contribute/help. I probably take my trading too seriously , but, hey, it's my living.

Enjoy,

MidGe

No, I appreciate your anaylitical approach to the question. I originally intended for everyone to state their risk tolerance per trade or breifly describe money management employed but felt this would be too invasive and elicit less responses.

Different paths to the same place.

How long have you been trading for?
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Old 21-04-2005, 20:07   #14
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Heya achilles28


Lets see.... Umm... My first "trade" was in the early seventies (gulp).

Had some huge (really! 6 figures+) losses in 87.

Started really "trading" seriously about 5 years ago. Trading forex exclusively for the last two years.

Does this help?!

I agree that there are many paths to the same place. I used to say that all roads lead to Rome... via Brussels (my city of birth ). There are more than one way to skin a cat too (whether dead and bouncing or not, immaterial).

Enjoy and happy trading

MidGe
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Old 21-04-2005, 22:29   #15
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
It really depends on the type of system that you use.

ie. number of trades, win/loss, profit/risk... so it's different for every trader.
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Old 21-04-2005, 22:31   #16
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Re: What Percent Return Can A Successful Forex Trader Expect to Average, Per Year?
Quote:
Originally Posted by midastrader
Average ROI more than 10% per month. But I think it's so small....

You're a millionare in a couple of years through compounding.
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