How Much Balance To Gain $2000 Monthly? | Page 4 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

How much volume does Oanda transact monthly? 7 replies

Balance/How much to risk affected by number of pairs traded? 1 reply

How much profit is too much for brokers? 4 replies

Elite eFibo Trader - 200 pip gain turns to 2000 pip gain 14 replies

How much is a realistic monthly goal ? 22 replies

Attachments: How Much Balance To Gain $2000 Monthly?
Exit Attachments

How Much Balance To Gain $2000 Monthly?

  • #61
  • Jul 27, 2017 8:23am Jul 27, 2017 8:23am
Quoting KarlKraus
The whole concept of earning $2,000 per month from trading is rather a misleading one. The reality is that an average income of $2,000 per month might vary monthly between +$1,000 and +$3,000, or even between -$4,000 and +$8,000, depending on one's approach to risk management. If able to trade successfully on demo, or on a tiny account, for a year, with an average profit of 5% on capital, then it "should" require $100,000 capital to earn an average of $2,000 per month. Wording it that way makes me wonder what proportion of the forum's members has...
All sounds fine, yet, when you talk about average, and 2000$....only that 5% seem to be misplaced.

The average return you will need on 100k( " it should require") to achieve 2000$ monthly will stand exactly 2%...average
But sure, the rest all sounds correct, the distribution month to month will be random.
About the proportion to make that, I pass on the guessing.
there is always, always another trade!!
  • #62
  • Jul 31, 2017 12:52am Jul 31, 2017 12:52am
There is no fixed amount that will guarantee you a monthly return of $2K.
From my perspective, more important parameters are selected lot size, leverage ratio, trading style.
  • #63
  • Aug 4, 2017 11:17am Aug 4, 2017 11:17am
Quoting surekobai
Greetings! I'm a noob and I have a question I can't figure out. So, here I am asking you to enlighten me. How much one needs in his/her account so as to logically gain $2000 monthly. Thanks and God bless you all.
I seem, 10% is a decent monthly target, so you can expect 200$ in this case! By the way, even you can earn more, actually it depends on your trading skill! By the way, don’t expect here any unrealistic target like 100%-200% monthly return!
  • #64
  • Oct 29, 2017 11:05am Oct 29, 2017 11:05am
Quoting DarrenLehma
{quote} I seem, 10% is a decent monthly target, so you can expect 200$ in this case! By the way, even you can earn more, actually it depends on your trading skill! By the way, don’t expect here any unrealistic target like 100%-200% monthly return!
I think, 10% is a standard target! Traders should be happy if they are able to make such a good target! I have more than 5 years trading experience and right now my monthly target is around 8%.
  • #65
  • Oct 29, 2017 3:35pm Oct 29, 2017 3:35pm
Is it advisable to target 80 pips daily as a #NewbieTrader?
  • #66
  • Oct 30, 2017 9:33pm Oct 30, 2017 9:33pm
I have never made any target for earning pips because I feel It depends on the market that how it is moving on the day.
  • #67
  • Oct 31, 2017 2:49pm Oct 31, 2017 2:49pm
Quoting Butterscotch
I have never made any target for earning pips because I feel It depends on the market that how it is moving on the day.
You are walking on the knife's edge, trading without money management plan means allowing emotions to take control. The foundation for random trading targets are feelings of greed and fear, and its a way to hell..
  • #68
  • Nov 2, 2017 5:56am Nov 2, 2017 5:56am
There is nobody who can complete this earning target easily , because every faction is here is entertain. But the traders who are real professional in Forex they can earn easily according to their experience.
  • #69
  • Nov 2, 2017 7:53pm Nov 2, 2017 7:53pm
Well I might need $20000 in order to make $2000 monthly. Yeah that's 10% work in a month.
Follow your dream
  • #70
  • Nov 2, 2017 8:13pm Nov 2, 2017 8:13pm
I would really like to see TEs of posters who say its easy to make 10% per month consistently. My advice is dont believe anyones results until you see their performance.
  • #71
  • Nov 3, 2017 6:12am Nov 3, 2017 6:12am
On average 2,5%-5% monthly are possible, do the math and don't forget about taxes etc. I would say 100k are a good start
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #72
  • Edited 3:57pm Nov 5, 2017 2:17pm | Edited 3:57pm
Quoting michisuperfr
On average 2,5%-5% monthly are possible, do the math and don't forget about taxes etc. I would say 100k are a good start
2,5%-5% of what size of capital? What leverage?
Whether you think you can, or you think you can't,you're right. H.F.
  • #73
  • Last Post: Nov 10, 2017 9:36pm Nov 10, 2017 9:36pm
It's possible to do it with as little as 5K, with less than 5% drawdown on trades. If you want to feel pretty comfortable with most strategies, try 50K if you have that kind of cash.
Here's Tom with the weather.
0 traders viewing now