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I was just wondering how much i can make per month on Forex trade. since Forex trade is a good business, where we can make a lot of money every day if we work hard, by putting all our effort on it, because many traders believe that is only hard working that can help us to make money quick, on Forex trade.
So my question is how much can one really make on Forex trade per month?
The earnings of a trader are correlated with his investments and skills, if you have a reasonable trading capital in your trading account you can make reasonable income from forex market but your skills also count in this regard. An average careful trader can make 10 to 20 percent from his investment monthly profit . High profits are not consistent. They are up to a good chance that a trader can avail some times in trading. Regular profits are of small amount . I also make less than 20% profit.
A good trading is broker is much important in Forex market to lead a successful trading career. Without a good and reliable broker you will never achieve your goal. So pick your broker very carefully. As a scalper I have chosen Forex4you trading platform. They are true STP trading broker and allow all kinds of trading styles. Their lower spread from 0 pips helps me to make good money in a short time.
There is just no answer to this because the factors to be answered are 99% different for everyone. So, you just need to judge it yourself. But if I put myself on the table and say, I will say I can make upto 2-3k per month without any major hiccups, and more interestingly, without putting much time into it either. And this is purely thanks to Buyforexsignals.
It’s a Forex Signal providing service with incredibly bang on signals, not only you can easily follow up but also is highly weighted. I am using Avatrade broker, who is sort of partners with them, and therefore, I get their service for free (actual cost somewhere around $100 – 1 month), so all pretty worthy for me.
do not forget for traders to be able to get better and be more maximal in improving existing trading skills better and to be more maximal in managing the funds and risks that exist to be able to become better at surviving on a real account.
Forex is full of opportunities, but the monthly profits depends upon your trading style and many other aspects.
Keep trying to run learning, this forex business is one of the big business risks, so we try to always learn and learn so that we can get maximum results. Need stages where the process is learned so that the results can be maximally obtained when you get into the real account. And the existing bonuses can be utilized so that we are more active and enthusiastic to run forex trading
existing training and learning must be able to be done well, so that traders can get better and be more maximal in improving their existing trading skills more leverage than before.