With a well-constructed trading strategy and by following all the rules of money management, the average yield of a trader may be from 5% to 80-100% a month.
This variation is associated with the different trading features of each trader and the market conditions.
FACTORS DETERMINING PROFIT:
Strong and well-predictable currency movements occur with varying regularity. This is due to the:
Frequency of favourable situations.
Sometimes favourable situations to make profitable trades occur several times a day. Some other times, you have to wait all week to make one or two transactions.
Volume and speed of rise and fall in prices.
For example, a transaction made at the best price and the right time according to all trading rules, may bring $500 in a certain market situation and $2,000 in another.
The deposit amount
Profit is strongly linked to the amount of the deposit. If the profit volume is small, it is likely that the trader missed many potentially profitable trades, so it is necessary to use more cautious trading tactics. A larger deposit amount allows committing trades with higher reliability, where reliability results in better transactions and thus higher profit.
The level of risk of the trading strategy
Determining levels of acceptable risk bring higher profits to the traders. Such restrictions protect them, as they take into account the size of their deposit and their personal financial situation. If the trader holds an investment account, then the trading limit is usually established by himself.
HOW MUCH DO TRADERS EARN?
The best way to demonstrate how much you can earn in Forex is evidenced by traders’ results. However, they do not usually share information on their profits with others.
Thanks to the “Sync Invest” project, some of this information has become available. Below you can find the best trading results of Masters participating in the Sync Invest project.