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    Thread: Is it possible to earn 5 % profit per day? (Part 8)

    1. #11
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      Quote Originally Posted by Georges View Post
      Its very possible to make 5% per day which reflects about 50 pips per day if you follow a good money management plan and trade one micro lot for every $100 in your account, but first you need to build skills on how to be a pro trader.
      I think, if they have capital $ 100 in forex trading, then by making the target gains 5% will be done easily, because it is in accordance with our capital, is supposed to make the target profit by a small amount and easy to reach, because the targets make a small profit would be consistent in trading profit


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      This is very difficult one time, two time or three time you can earn but end will be loss money.. so therefore this is very risky so aviod because if you will working on the low risk so then you can earn always...


    3. #13
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      It is possible to earn 5% per trading day. I have seen a trader earning 10% or less per month, it is claimed that he is a professional forex trader. Though it got me worried because sometimes i used to earn more than that per day.


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      it really possible to reach such level of profit daily as long we have the solid trading plan and strategy to do consistent trade daily, so as long you manage to work on your winning strategy then 5% daily profit is very reachable and a good amount of profit already from your capital.


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      Getting 5% profit on daily basis is tough but not impossible . You gotta develop suck skills to become a pro trader. It would be better if you aim for little less profit for a day , and try to achieve it and then stop doing trade for that day. Then increase your aim further.


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      It is very possible to earn more in trading than 5% and it depends on risk levels which you engage in trading, as well as your analysis before entering the market. Most times it is dependent though on risk.


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      Quote Originally Posted by **copa View Post
      It is very possible to earn more in trading than 5% and it depends on risk levels which you engage in trading, as well as your analysis before entering the market. Most times it is dependent though on risk.
      I also think that we get the trade with a profit target of 5% in one day then this is still a pretty big target because to get any benefit to the target is always lower then we would not necessarily be able to do it in this trade so it does not make a big target and do not make the target profit every day is the best step


    8. #18
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      Quote Originally Posted by **copa View Post
      It is very possible to earn more in trading than 5% and it depends on risk levels which you engage in trading, as well as your analysis before entering the market. Most times it is dependent though on risk.
      yes making profit always depend on risk level, but i think if you every time try to take more then 5% profit then you need to take high risk and one wrong entry point can give you margin call too easily.


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      Seems is like easy to do, but really hard when we try to get consistent profit. I always try use this strategy but for me it is hard because I always break my rules.
      I m not dicipline trader, because of that I feel hard to avoid loss.


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      Its very much possible to earn 5% per day from the field of Forex but one thing a trader should remember and that is he should find the way of getting consistent profit as that matters a lot because its hard to get consistent profit ,we should be more positive and perfect in trading .


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