Intraday forex trades/daily percentage targets.

[Mr Fox]

Apologies if these topics have been covered before, but I was wondering how many trades on average intraday traders take, and what is the daily percentage targets you guys look for.

Is it really possible to hit 5% return per day risking only 1% of your capital.

I look forward to your replies.

 

[Trader333]

Is it really possible to hit 5% return per day risking only 1% of your capital.

Not consistently and if it were then using leverage you would be a billionaire very quickly indeed.

 

[Mr Fox]

Not consistently and if it were then using leverage you would be a billionaire very quickly indeed.

I don't fully understand your reply my friend. How would leverage help you. Is there a way of increasing the standard leverage provided by the brokers.

 

[C-12]

Apologies if these topics have been covered before, but I was wondering how many trades on average intraday traders take, and what is the daily percentage targets you guys look for.

Is it really possible to hit 5% return per day risking only 1% of your capital.

I look forward to your replies.

Sure it is if you manage to catch a low risk runner.

It also depends on how many trades you take. You could take 5 x 1% risk entries taking 1/1 risk reward. If all winners then you'll bring home +5%.

 

[Babyblush]

Consistently making the same percentage of profits on daily basis is the most challenging aspect in the forex trading business.