Can I make more than 20% profit?

[Aaron_0]

I saw in a social media that traders were talking about 20% profit every month. Do you think it’s really possible?

 

[RainbowRain]

It is possible to earn more than 20% in a month, but the problem is whether you can earn such interest consistently from month to month, and not lose your entire deposit in two or three months due to such aggressive trading?

 

[Claude]

While a 20% monthly profit sounds appealing, it's highly unrealistic and risky. Consistent, stable profits are more achievable with proper risk management and patience. High returns often come with significant risk, and chasing them can lead to major losses.

 

[Ricky Rk]

Achieving 20% profit monthly is extremely rare and unrealistic for most traders. It often involves high-risk strategies, and consistent, safe profits are usually much lower.

 

[RainbowRain]

I think it is better to earn less, but with a greater degree of stability when the risks are controlled and there is no large load on the deposit. Also, minimal losses do not create stressful situations for the trader and give the opportunity to continue trading without fear and depression.

 

[sunar14]

I saw in a social media that traders were talking about 20% profit every month. Do you think it’s really possible?

Try to calculate compound yearly returns and you will quickly understand that even if it works it is quite unsustainable. It will either turn into scam or inflow of investments will allow project owner to reduce interest rate to more normal levels. However it is still possible to juice significant returns from copytrading, for example for the past three months I made about 30% monthly from HFM's FxStat but it required heavy diversification and careful performance analysis

 

[Elijah_0]

It’s not wise to budget a percentage rather keep trading based on market condition because market condition isn’t always the same.

 

[RainbowRain]

It’s not wise to budget a percentage rather keep trading based on market condition because market condition isn’t always the same.

You are right. After all, many traders take unreasonable risks in order to fulfill their profit plan by any means when, for example, the market is stagnant or when losses are observed. This can significantly worsen the situation and lead to unplanned losses instead of the planned profit.

 

[ahmaddpintu]

One day 100%, even possible.

 

[RainbowRain]

One day 100%, even possible.

It is possible if trading is done aggressively and without risk control. But it is not a fact that next time you will earn 100% again, and not completely destroy your deposit.