One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.
Chinese Proverb

Forget your password?

AskPips.com

Oops! You can't report this question!

Resolved Question

Show me another

Avatar
Gmichaelz

What is a realistic Monthly % return on money?

I know that there are many factors involved. With average risk and standard money management, what is a realistic monthly % return for lets say 5K ?? I know people have blown accounts in 1 week and tripled them in a month. I'm just curious what could it balance out to over ther course of a year.

over 2 years ago

Report It

Best Answer - Chosen by Voters

Avatar
CzarinaCleopatra

The traditional answer to your question would be 5% per month. A 10% monthly gain expectation would be so good to see on paper. Yup, only on paper. In reality, setting profit targets on any length of time could bust your trader's psyche. Sooner or later, you'd be thinking--and trading--like a gambler, not a trader.

My best suggestion to you, mate, is to learn how to control your risk. Keeping tabs for your earnings is good but do not let yourself get obsessed on chasing pips just so you can reach the profit target. Focus on trading opportunities not on monthly quota.

Follow the link below and read more insights from forex traders.

over 2 years ago

Source(s):

* You must be logged in to add comments. or Join Askpips.com.

Answers (4)

Avatar
ForexNinja

You'll get a lot of different answers on this one so here's a little inside scoop on how the large hedge funds are doing:

• Renaissance Technologies: Jim Simons’ quant firm RenTec saw its RIEF (Class B) fund up 4.82% for the year as of the end of March.
• Greenlight Capital: David Einhorn’s fund was down 1.33% for the year as of the end of March.
• Harbinger Capital Partners: Philip Falcone’s hedge fund was up 1.77% for the year at the end of March.
• Paulson & Co: John Paulson’s (famous for making $4B in one year on the housing collapse) various hedge funds have had mixed performance. His Advantage Plus fund was -1.18% for the year as of February, his Advantage fund -0.93%, his International fund up 0.47%, his Credit fund up 3.35%, and his Enhanced fund up 0.99%.

Personally, I think have a monthly gain of 1-5% per month is already very good. Having a 50%++ gain per year makes you a superstar trader!

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Avatar
pairforex

Hey,

let me tell you that its not a easy Q , there for it is so important to have money Management,

now regarding your trading, you will need know first how much you want to make per month, then you will get the answer (make sure to see what is your leverage )

for more info let me know

take care
Steven

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Avatar
Cyclopip

It really depends on your risk management rules. If you are risking 1% per trade, and you trade once per day, you could potentially make more than 5% in a week! But you could also lose that same amount. Before you start trading with a live account, you should take into consideration how much you will risk per trade, how much drawdown your account can withstand before taking a break, etc. All this should be part of your trading plan before you take any trade.

over 2 years ago

* You must be logged in to add comments. or Join Askpips.com.

Avatar
Fxmegaforex

It depends on how you trade and what is your risk. Some months will be better than other ones because the market will be less volatile and you can trade better. For me is a 15% monthly.

over 2 years ago

Source(s):

* You must be logged in to add comments. or Join Askpips.com.

Feedback Form