Money issue.

I just wonder guys how much money you do a month? I am more interested in people who are trading over a year or so.

ded said:

I just wonder guys how much money you do a month? I am more interested in people who are trading over a year or so.

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hehehe, It depends on looot of things....
Taking for granted you have a good method, a sensible money management, etc, etc, etc..... and you are constantly profitable, the account size matters a lot, for example, as you can be killing it, but with an small acc. you are not gonna make any important return "financially" speaking....

If you want to work out approximately (this never works accurately) how big of an account you need to make the return you aim for, is easy.... go to your stats, get the average return % wise of your day/week/month/year then, make that % your desired money figure and do the maths to get the acc. size you would need to met that.....
This is a complete house of cards, as it never works like that in the reality, but as a proxy it can be ok, specially if you have long track record of your trading....

I spent over 10m developing my trading bots and am looking to return 10m+ y/y from implementation.

ded said:

I just wonder guys how much money you do a month? I am more interested in people who are trading over a year or so.

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Is this you?

YouAreNotFree said:

Is this you?

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I ask, without some sort of envy. I am just started to trade and make some good profit in few days little by little. So just wonder your average...no offence.

scose-no-doubt said:

I spent over 10m developing my trading bots and am looking to return 10m+ y/y from implementation.

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thanks.

Enzzo said:

hehehe, It depends on looot of things....
Taking for granted you have a good method, a sensible money management, etc, etc, etc..... and you are constantly profitable, the account size matters a lot, for example, as you can be killing it, but with an small acc. you are not gonna make any important return "financially" speaking....

If you want to work out approximately (this never works accurately) how big of an account you need to make the return you aim for, is easy.... go to your stats, get the average return % wise of your day/week/month/year then, make that % your desired money figure and do the maths to get the acc. size you would need to met that.....
This is a complete house of cards, as it never works like that in the reality, but as a proxy it can be ok, specially if you have long track record of your trading....

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thanks for some tips. :smart:

ded said:

I ask, without some sort of envy. I am just started to trade and make some good profit in few days little by little. So just wonder your average...no offence.

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None taken. You are unlikely to get any serious answers though. Better off asking it in pip or % terms.

YouAreNotFree said:

None taken. You are unlikely to get any serious answers though. Better off asking it in pip or % terms.

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Oh God, do you know what? Just forget it. I was just asking an average sum (number of £) - I do nor need your %'s or pipes.

YouAreNotFree said:

Is this you?

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Don't know about him. This is me:

ded said:

Oh God, do you know what? Just forget it. I was just asking an average sum (number of £) - I do nor need your %'s or pipes.

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Hi Ded,

Looking at some of your previous posts I will give you this very good advice that you will with high expectancy ignore but will understand once its happened.

TAKE THE MONEY YOU HAVE MADE AND STOP TRADING FOR NOW - RETHINK YOUR STRAT.

There you have it. I base my information on this from your other posts where you state you have only been trading for a couple of days and on an account of £1,500 have made £1,000. This in percentage terms is 66% in 2 days. WOW.

This is why percentages and pips/tick/pts whatever the market or movement is is totally relevant, that's why people are asking this. No one should disclose their wage and if they did would you believe them anyway?

No matter what people think is a good percentage or what they should expect to get from the markets, I am very confident that ALL the good traders on here will agree with me the following:

You are over trading and your strat is so extreme high risk you will go out with a sharp bang and wonder what the hell just happened.

Remember this post once its happened, to be fair, you wont appreciate what I'm saying until you venture out yourself.

Happy Trading. (I use the term lightly)

Lee Shepherd

Lee Shepherd said:

Hi Ded,
Lee Shepherd

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I really appreciate that. Thank you.Will do my strategy :smart:

ded said:

Oh God, do you know what? Just forget it. I was just asking an average sum (number of £) - I do nor need your %'s or pipes.

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Do you need someone to untie your panties?

there's no standard answer. lol. depends on a lot of things..
no one can promise keeping win in the game .

I usually earn 7 to 8 thousand dollars in a month and i have been working here for the last 8 years in this field.

strauss.steve said:

I usually earn 7 to 8 thousand dollars in a month and i have been working here for the last 8 years in this field.

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How do you make it happen! maybe you could share some experience with us
most people loose money at the beginning of their trade and loose confidence..