DislikedHey guys, Its been almost 20 days since I've been trading and I was wondering what would be a realistic/ideal monthly percentage profit? Cheers.Ignored
It all rather depends on what kind of risk you are assuming and the nature of your system.
If you risk 1% of the account per trade you wouldn't expect 50% profit per month, neither would you expect large drawdowns. However, risk 20% of the account per trade and +/-50% is nothing special.
Equally, a tight, high frequency scalping method would look to generate smaller but far more consistent monthly returns than a big trend following system which might have months of moderate drawdown with the occasional monster winner month that pays it all back and handsomely more.