50% in a month very doable, month on month? C'mon
!
Also depends on how you trade and how you do your calculations.
Are you more of a position trader with a long term plan i.e. trading off price extremes initially with small positions then when they turn good agressively pushing the position with the market's money or are you a scalper/day trader trading in and out?
50-100% on one trade with only 2% initial risk using low leverage definitely achievable but requires patience, planning and balls of steel and you have to be prepared for it to come to nothing if the market comes back to your average price. It's not a nice feeling to see days of planning and waiting and a large unrealised profit come to nothing, but that is where the big money is and personally I've experienced worse.
Trading the other way, I find even harder: HUGE focus on entry whereas if you're trading a position the only entry that needs to be perfect is the first one. Even if it's something that has been back tested to death, manually, as you would trade it live and you KNOW you can do it, it's another thing sitting through 5 losing trades in a couple of days and watching your life savings disintegrate before your very eyes, the mind is a funny old thing.
Real-life risk tolerance and initial perceived risk tolerance are two very different beasts. Ultimately it comes down to you have to be trading small enough that you don't give a sh1t about the money.
Sitting there watching price go against you and seeing 30% of your account wiped out in a couple of minutes is not a nice feeling, did your child just die?? Maybe I over dramatise but it does feel like that, it's not just a logical response, there's an emotional one too. PURE FEAR. We've all done it and hopefully learned from it.
Can I change my nic to 'Random?'