Monthy Returns

[edgeoface]

Hello I have started trading Forex markets through CFDs I have a swing trading system which I demo traded for 5 month I have now gone live for 2 weeks so far I have made a 9% return my target is 10% return per month thats 120% per year is this a realistic goal? I am using a lot of leverage but put a stop losses of 2% of my account on each trade.

And advice would be great thank you

 

[commoner]

120% is certainly do-able, but it is rare and very difficult. i think it is likely, or at least possible, that you will run into a losing stretch at some point. during such a stretch, maintaining sound psychology will be crucial and challenging.

best of luck in your adventures -- and congratulations on your success thus far!

 

[barjon]

I read somewhere that "amateurs focus on how much they can win, professionals focus on how much they can lose. Professionals take money from amateurs".

 

[Hotch]

You read it so it must be true!