rexway Posted December 3, 2012 Share Posted December 3, 2012 Hoping alone can never do us any good but rather the only thing which can do us good is for us to have a good trading plans that will be helping us realise our target and make our profit without much bother . If we learn carefully then our target can become a reality. Quote Link to comment Share on other sites More sharing options...
tirus Posted December 7, 2012 Share Posted December 7, 2012 Yes, because at the end of the day the main thing that will lead a trader to be profitable in trading in knowledge and trading skills. If you are simply going to wish to be successful without actually doing anything about it then it wont come or if you are lucky you may win a few trades. This is why one needs to be realistic when it comes to their expectations. Quote Link to comment Share on other sites More sharing options...
budado Posted December 7, 2012 Share Posted December 7, 2012 If the return is unrealistc the we must ask ourself what is unrealistic returns? is double your money in a year realistic? How about double your money in six months? Or three months? or a month? or a week? or a day? or an hour? For me unrealistic only happen if we don't do analysis. Because if I try to double my money in three days its does not mean that what I'm doing is unrealistic as I can ride a reversal of price and earn or double my money in three days. Quote Link to comment Share on other sites More sharing options...
indieover Posted December 8, 2012 Share Posted December 8, 2012 what is unrealistic to one trader can be a realistic to another trader. so it would depend on the amount of capital and of course your skills. so i think that we should know how much we can manage to earn from forex . if you know you are not good trader, then just don't expect to earn a lot. because if you do expect more probably you would just risk your money more just so you might try to meet your expectations. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted December 8, 2012 Share Posted December 8, 2012 We can say that there's no impossible in the world of forex trading. So,we can think of having great potential of profits or having many earnings from our trades but also possible to loss them all easily in one trade or in short period of time. So, we can't always have think of huge profits from small trading capital but we can't also think to have huge profits from huge trading capital. Quote Link to comment Share on other sites More sharing options...
tirus Posted December 13, 2012 Share Posted December 13, 2012 Its a known fact that there is a good potential to make great profits out trading and that this earning potential is actually limitless. It doesnt mean that you set your profit goals you will be putting down $100 000 a day while you are working on around $1000 capital. That would not be realistic. If you happen to make the greatest of profits from that $1000 then so be it but your goals on returns need to remain realistic. Quote Link to comment Share on other sites More sharing options...
riddick09 Posted December 30, 2012 Share Posted December 30, 2012 That's totally absurd if someone able to think to such goal in their trading. They have only put their miseries and just failures in their trading. We can't leverage our earnings just like that because, Forex trading do have chance of profiting or losing depends on what trade we did and how great our analysis will be and how to handle our trades on the floating loss. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted December 31, 2012 Share Posted December 31, 2012 I think the major cause of a unrealistic loss is greed.when greed sets in in forex,we tend to forget everything called forex basics and allow greed to lead us.Amongst the lessons we got to learn in forex is our ability to control and totally avoid greed. Quote Link to comment Share on other sites More sharing options...
luke1 Posted December 31, 2012 Share Posted December 31, 2012 Yes, it is true, if we want very high profit, there is already one thing we do. We follow our greedy in trading forex here. And as we know here, many traders say and give the advise for us, to control our emotion and greediness here. This is the point Quote Link to comment Share on other sites More sharing options...
tirus Posted January 1, 2013 Share Posted January 1, 2013 That is the main thing that leads to us making such unrealistic goals out of forex because we try and aim for very high returns even when conditions dont allow. The other thing is also knowledge where you find that a beginner is not that well informed or learnt about forex first. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 5, 2013 Share Posted January 5, 2013 Sincerely when it comes to talking about unrealistic returns,it is one major aspect i would like every trader to be staying away from be it newbie or expert.To me it is caused as a result of greed and until the individual loses all he wouldn't still be learning. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 5, 2013 Share Posted January 5, 2013 Set a realistic goal because you may be aiming for unrealistic goal which is very hard for you to attain because you are not good enough yet. Just know your level first and set a goals and not some unrealistic goal. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 6, 2013 Share Posted January 6, 2013 @mony:It is unrealistic returns.sincerely i would be giving another name to unrealistic returns which would be greedy returns.Traders must endeavour to know that in all their trading in forex they must be avoiding returns that they themselves know is a greedy motive. Quote Link to comment Share on other sites More sharing options...
monyitomon Posted January 6, 2013 Share Posted January 6, 2013 It is what I am saying is, to stick with realistic returns. But I understand if you like taking a big risk in trading then for sure when you get lucky then it may reward you a big return. But if you are very greedy then I guess you doing a lot of trades and we know its risk. Quote Link to comment Share on other sites More sharing options...
budado Posted January 6, 2013 Share Posted January 6, 2013 Question is what is realistic return? If a trader is hoping to earn 10% and he only earn 5% is that realistic return? What if a trader aim for 100% profit and earn only 70% profit is that realistic return? For me theirs no such thing as realistic and unrealistic return. Becuase our return will always going to be base on our trading strategy. Me I'm only expecting to earn 10% a month. But that's becuase that just how much I can really master to earn each month. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 7, 2013 Share Posted January 7, 2013 I think there is something as such.if a trader sets eye on returns that is unrealistic he would be ensuring that he break bounds and he would forget all the rules just for him to achieve that.It Is good to set a target but yet we shouldn't be going out of the circle. Quote Link to comment Share on other sites More sharing options...
standart Posted January 20, 2013 Share Posted January 20, 2013 set a target is based in the market potential movement and many ways we can use to know these potential. but mostly is based on support and resistance calculation. small support and resistance level for short term trader and long support and resistance level for long term trader. Quote Link to comment Share on other sites More sharing options...
tirus Posted January 20, 2013 Share Posted January 20, 2013 There should be a difference between the actual targets that one wants to achieve from forex and dreams if I can put it this way. We all want to make lots of profits out of forex trading but it would depend on the analysis and conditions on the market at that time and we should heed that analysis and not be greedy in the process. Quote Link to comment Share on other sites More sharing options...
luke1 Posted January 26, 2013 Share Posted January 26, 2013 There should be a difference between the actual targets that one wants to achieve from forex and dreams if I can put it this way. We all want to make lots of profits out of forex trading but it would depend on the analysis and conditions on the market at that time and we should heed that analysis and not be greedy in the process. Well this is true here. There must be the difference when we put a profit target in forex trading with the eagerness to earn very high unrealistic return here. So in this way here, we have to keep our profit target realistic and not too high here. So, in this way here we will find good way to make money from forex Quote Link to comment Share on other sites More sharing options...
riddick09 Posted January 27, 2013 Share Posted January 27, 2013 It's like we wanted to have 1000% ROI or target profit in short period of time. But if we will have to make more than what we have in our initial investment it will be possible in a matter of time but having big return will take years to achieve or even not possible. But then, we can say that in Forex trading its possible but we need to think to have corresponding trading capital. Quote Link to comment Share on other sites More sharing options...
Syrine22 Posted January 27, 2013 Share Posted January 27, 2013 Sincerely any trader going for unrealistic returns is a greedy trader and if he or she is not extremely careful,he or she may end up losing his or her funds.we should be minimizing the returns we wish to get at every point of time when trading. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted March 3, 2013 Share Posted March 3, 2013 Yes during my initial days of trading I also thought Forex can give me unrealistic results and always opted for maximum leverage of 1 : 1000 at instaforex and 1 : 2000 at exness. However soon I realized the need of discipline and risk control after incurring losses. Quote Link to comment Share on other sites More sharing options...
budado Posted March 6, 2013 Share Posted March 6, 2013 Question is what is realistic return? Some say they earn 200% a month. Some blog say regular traders earn 40 to 60% a month. While I earn only about 10% a month. My question is what is realistic earning? Becuase even though I earn only 10% a month that's already 120% profit each year. And if some who claim they double their money each month then concervative yearly earning will be 2200% a year profit. So what is really realistic earning average? Quote Link to comment Share on other sites More sharing options...
savehouse Posted April 28, 2013 Share Posted April 28, 2013 Question is what is realistic return? Some say they earn 200% a month. Some blog say regular traders earn 40 to 60% a month. While I earn only about 10% a month. My question is what is realistic earning? Becuase even though I earn only 10% a month that's already 120% profit each year. And if some who claim they double their money each month then concervative yearly earning will be 2200% a year profit. So what is really realistic earning average? Â to be sincere mate you are on the right track of realistic return,the best safe return one can earn monthly is 10% profit but i guess one can improve on that as time goes on,i guess 10-40% profit monthly is safe,though it not a must one make up to that as i personally select for anything between 10-30% monthly and atimes i go to 40% and atimes i go for 10% depending on how lucky i am at the end of the month Quote Link to comment Share on other sites More sharing options...
euro Posted September 20, 2013 Share Posted September 20, 2013 No need to say anymore that most hyip are scams and they are so scammy that you have to read all payment proofs and follow the monitor or else you will be screwed so badly. I agree that there are hyip scams in forex and managed accounts too so be careful as there are way too many greedy brokers trying to scam people or just admin trying to scam people whether online or offline. I always find scams to be plentiful. You should be careful of scams. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.