🔸Consistentcy is the key - top professional traders aim to generate
20-30% returns / per month, obviously depends on account size,
risk tolerance, max DD, std lots exposure and multiple other factors.
🔸Depends on your trading style and risk profile, obviously.
Currently algo traders / full-auto systems generate the best returns.
🔸Forex trading bots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, PineScrips, Python and cAlgo.
🔸High-risk compounding strategy: Assuming you can double your cash multiple times in succession and start with 1,000 dollars, the 10th time, you would be a millionaire. It implies that assuming you contribute $ 1,000 and double, you contribute $ 2,000 and double, then, at that point, you do it from time to time, you will be a millionaire when you double your money the 10th time.
🔸Lower-risk strategy: risking no more than 1-5% per trade, limiting your exposure via trailing SL strategy or adjust SL to BE as soon as the trade
generates decent pnl
🔸If you want to separate yourself from the 90% (probably closer to 95% in my opinion) of traders who lose money consistently, you have to think differently.
🔸Most Forex traders overtrade and overleverage their accounts in an attempt to make 50%-100% profit or more every month.
🔸So to be in the top 5% to 10% of traders, you have to do the opposite. You have to put more focus on how much money you could lose rather than how much you can make.
🔸A higher win rate gives you more risk/reward flexibility, and a high risk/reward ratio means that your win rate can be lower and still stay profitable.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
20-30% returns / per month, obviously depends on account size,
risk tolerance, max DD, std lots exposure and multiple other factors.
🔸Depends on your trading style and risk profile, obviously.
Currently algo traders / full-auto systems generate the best returns.
🔸Forex trading bots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, PineScrips, Python and cAlgo.
🔸High-risk compounding strategy: Assuming you can double your cash multiple times in succession and start with 1,000 dollars, the 10th time, you would be a millionaire. It implies that assuming you contribute $ 1,000 and double, you contribute $ 2,000 and double, then, at that point, you do it from time to time, you will be a millionaire when you double your money the 10th time.
🔸Lower-risk strategy: risking no more than 1-5% per trade, limiting your exposure via trailing SL strategy or adjust SL to BE as soon as the trade
generates decent pnl
🔸If you want to separate yourself from the 90% (probably closer to 95% in my opinion) of traders who lose money consistently, you have to think differently.
🔸Most Forex traders overtrade and overleverage their accounts in an attempt to make 50%-100% profit or more every month.
🔸So to be in the top 5% to 10% of traders, you have to do the opposite. You have to put more focus on how much money you could lose rather than how much you can make.
🔸A higher win rate gives you more risk/reward flexibility, and a high risk/reward ratio means that your win rate can be lower and still stay profitable.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Note
🔥👍🟡Don't forget to follow/like/comment, this is much appreciated.taplink.cc/prsyndicate
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/prsyndicate
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎algo based bots and signals
⚡️forex/crypto/memecoins/stocks
📕full-auto FX trading bot
💎5%+/day 25%+/week low risk
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.