Question
-
Can 20% per month be possible?
10 Answers
<p>Getting 10% means a whopping 120% on a yearly basis even calculating 20% month on month will eventually mean a 240% return on investments - which is farfetched and unrealistic.</p>
12 Views
<p>Look for situations where you can achieve high ratio of risk adjusted returns (RAR): mean return / volatility of returns. Looking for high returns it is not enough, for example there are a lot of small caps that go up a lot and then when they crash they give it all back. So even though returns are high it will be difficult to time these and keep the profits.</p>
11 Views
<p>Forget about it. Compounded, that would equate to over 200% profit annually. That’s an insanely high goal to reach for, traders don’t make that kind of return nowadays.</p>
10 Views
<p>Yes, it can, and even more. It all depends on how well you trade. The importance of knowledge will always be mentioned when someone talks about forex, and that is true. In forex, one first needs knowledge and then skills. If you have the knowledge but you cannot use it then you are not in a good position to trade. For a 20 percent profit, you must trade responsibly. This means you don't have to put too much into the trades. You can actually make 50 percent profit, but I do not recommend it due to the high risks involved. …</p>
9 Views
<p id="isPasted">Yes, of course. It is very possible to make 20% profits in forex (on small and medium accounts only). </p><p>On a consistent basis, only outstanding traders could accomplish this feat on medium or small-sized accounts. The target of 20% a month can lead to floating drawdowns of up to 50%, even for superstar traders once in a while, which may not be suitable (psychologically) for all traders.</p>
7 Views