what kind of monthly returns are good fx
- Thread starter chipmunk
- Start date
Anything > 0 = Good
For some 2%-5% is Fantastic, for other's it is mediocre
The performance is different for everybody. What is important is consistency, once you have that, the sky's the limit. Then it is only a matter of account size.
For some 2%-5% is Fantastic, for other's it is mediocre
The performance is different for everybody. What is important is consistency, once you have that, the sky's the limit. Then it is only a matter of account size.
eleventy-two percent, every 37 and a half days.
Anything else is a joke.
Anything else is a joke.
you ask for serious answers, and say the jokers weren't funny
then you say this
then you say this
well I'm up about 15% on an M6E account I just started trading this week
trading futures has a different profit opportunity than spot fx because the overnight
margin is greatly reduced when day trading
the M6E $12,500 contract o/n margin is $330 and day trading margin $100
the 6E $125,000 contract o/n margin is $3,300 and day trading margin $500
the M6E account was opened with $660 and I felt comfortable day trading 4 contracts
which at $1.25 pips = $5 per pip and the r/t commission is $1.56 per contract
I opened it in theory to trade DDW - Day-to-Days-to-Weeks, and on a purely math
basis, said if a 1 contract trade obtained 10 pips per day, then one could double
contracts traded every 6 weeks, so that would be about a monthly 66% profit based
on the contract margin
initially I'd thought I'd take profit and wait out a correction, or, trade any correction if
I understood what was going on. in theory I would base trading analysis after each
day's close, however, the third technique includes day trading so, I imagine if being
profitable multi contract day trading and maybe holding some trades o/n, then doubling
might be occurring at a faster rate than 6 weeks, possibly once a week or two given
the daily range of the eurusd
trading futures has a different profit opportunity than spot fx because the overnight
margin is greatly reduced when day trading
the M6E $12,500 contract o/n margin is $330 and day trading margin $100
the 6E $125,000 contract o/n margin is $3,300 and day trading margin $500
the M6E account was opened with $660 and I felt comfortable day trading 4 contracts
which at $1.25 pips = $5 per pip and the r/t commission is $1.56 per contract
I opened it in theory to trade DDW - Day-to-Days-to-Weeks, and on a purely math
basis, said if a 1 contract trade obtained 10 pips per day, then one could double
contracts traded every 6 weeks, so that would be about a monthly 66% profit based
on the contract margin
initially I'd thought I'd take profit and wait out a correction, or, trade any correction if
I understood what was going on. in theory I would base trading analysis after each
day's close, however, the third technique includes day trading so, I imagine if being
profitable multi contract day trading and maybe holding some trades o/n, then doubling
might be occurring at a faster rate than 6 weeks, possibly once a week or two given
the daily range of the eurusd