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    Page 18 of 18 FirstFirst ... 13 16 17 18
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    Thread: Is it possible to earn 5 % profit per day? (Part 8)

    1. #171
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      5% profit per day is difficult for me as I am still learning and improving my strategy. My average daily profit is just 0.28% of profit. I do not try to make big profits by opening big size lot because it is very risky. Just patiently get good signals and step into the market


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      It is possible but it is very risky. Many traders will advice to not take 5% risk a trade. only take 2-3% risk a trade. If you make 1-2 trades profitable daily then you could earn 5% a day. Theoretically it is possible but practically it is very hard to achieve this goal.


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      To be a successful trader it is not a target to earn 5% daily because using high leverage is required to achieve this type of target which itself is lethal without proper risk reward calculations and money management skills


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      I think that 5% profit per day is possible in Forex . If you have a capital of $ 100 then you can make it $105 per day but it is important to open the trades in right direction and right time . You can achieve this target also from two trades to take lot size of every trade 0.1 then it is possible to take profit $2.5 from each trade easily . It is essential to do own task with confidence ,discipline and care according to the rules .


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      Yes , It is possible that you can earn easily 5% profit daily if you have 50 to 60 Dollars balance. The most senior trader can get more than 5% profit. If you want to earn profit then you should learn about trading and get experience by make a demo account to up and down the market. If you get profit the control your emotions and do not be greedy to get more.


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      I believe that 5% profit per day is very much possible and it is very suitable target but we cannot get it forcefully,because we cannot change the trend.Following the trend we can earn more than 5% per day.There are some traders who like to take risk and get more than 20 % per day.For this success one need to become a good trader,if we are not good trader we cannot earn every 1 % per day.


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