Comments on: Is 1% per day a reasonable amount of profit to expect from trading on Forex market?

By: Trade

Trade — Mon, 27 Apr 2009 02:47:20 +0000

Yes, it’s very possible especially with this new robot called Forex Megadroid. So far it has had 300% profit for 2009. I’ve been making money everyday. I bought it here and got a discount/cash back.

By: Jimmy E

Jimmy E — Sat, 25 Apr 2009 11:03:14 +0000

i hope i can answer your question:

By: KnowledgeBase

KnowledgeBase — Fri, 24 Apr 2009 16:31:19 +0000

We can easily analyze what is needed on a pip level to achieve an average return of 1% per day.

Let’s assume roughly 250 trading days in a year.
1% per day x 250 days = 250%

Let’s also assume someone started trading the EURUSD with a $2,000 account. With a 250% return their $2,000 would yield 2.5 x $2,000 = $5,000.00 for 1 year.

If you break it down further the trader would have to net $20 per day (not assuming any compounding of any sort). Looking at 1 pip on the EURUSD being equal to $10 this means that the trader would have to net 2 pips per day in order to end up with a 250% return on initial capital in one year.

With that said, however, consistently netting 1% per day is not reasonable for anyone but extremely experienced traders. While I’m certain that there are exceptions to this rule in the short term, generating triple-digit returns year after year after year is not achievable for the average Forex trader.

By: tinvestor

tinvestor — Tue, 21 Apr 2009 14:36:25 +0000

It all depends on how you trade and how good you are as a trader. I recommend that you open up a practice account and trade in it for at least 6 months before trading real money. Believe me, you will thank me later.

By: john r

john r — Sun, 19 Apr 2009 12:22:17 +0000

That would be amazing to make that consistently. The stock market averages 12 to 13 percent over long run. That means some years it goes way down or way up and over time it makes around 12.

Most people are lucky to make 8 % a year consistently on any investment. If you find something that pays over that and is safe and locked in buy it all day long.

By: Ted

Ted — Sat, 18 Apr 2009 12:57:47 +0000

Most professionals would be ecstatic with 20% per year on a regular basis.

By: Brian A

Brian A — Fri, 17 Apr 2009 00:09:31 +0000

Actually with compounding that would work out to 1200% per year. Not realistic at all.

By: Lauren F

Lauren F — Wed, 15 Apr 2009 03:54:05 +0000

Nope - way too high. Even 1% per month would be unusually high.

By: Devon

Devon — Tue, 14 Apr 2009 04:17:06 +0000

As with any market investment, you can expect ups and downs. Listed below is a good site to check out for tips in getting started on the Forex market:

By: Mr Paul Starr

Mr Paul Starr — Mon, 13 Apr 2009 09:07:08 +0000

It should get better with an improving world economy, but any profit is a pro of course, especially with the current financial market. I would try to get as great a profit as possible and of course depending on the size of the investments, the greater the profit will be.