Earning a livnig

cm1995

Trader
Jun 30, 2020
11
0
6
28
We need to have how many capital to earn enough living expenses?
E.g. 1000USD per month expenses, then our capital is?
 

cm1995

Trader
Jun 30, 2020
11
0
6
28
What is the ideal profitable percentage for day-trading?
 

Oswald

Trader
Apr 12, 2019
72
7
24
36
It is absolutely possible. There are people who are doing trading for living for many years. But, in order to reach this target, you would need to have several years of continuous experience on the market, significant capital invested and good strategy
 

Onanak

Trader
Feb 5, 2019
60
2
24
47
If you intend to live from forex, start planning your future from very first point. Equip yourself with good knowledge and build your skills and strategy during time. Dont forget that you will also need to have substantial capital invested in order to generate enough profits
 

vicjon1995

Active Trader
Sep 29, 2020
217
30
29
28
With a decent amount of capital and the right knowledge, yes it is possible to earn a living by trading forex.
 

HeavenLeighGill

Active Trader
Aug 5, 2021
389
35
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I remember reading a study where the results showed a $3k profit per month off of a $30k investment. Of course several factors would affect that but it was just to kind of give a general idea of what you could make.
 

Jungletrader

Banned
Sep 5, 2019
78
7
19
45
Yes but it's contigent on a few factors.
Your bank roll your average % per month P/L .
To have say $2k per month would require $20k of a balance at 10% roi each month