Can I make more than 20% profit?

[Ricky Rk]

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

 

[RainbowRain]

You can get any amount of profit, even 100%. But the question is: how can you consistently earn this way, trading aggressively and without risk control??

 

[Aaron_0]

A 20% monthly profit is highly ambitious and risky. While it's possible in some cases, consistently achieving that level of return is rare and can lead to significant losses if not managed properly.

 

[RainbowRain]

The desire for big profits can cause a trader to forget about discipline and deviate from his trading strategy, which will ultimately worsen trading results and destroy the possibility of being profitable in the long term.

 

[Claude]

A 20% profit every month sounds appealing, but it's extremely ambitious and not sustainable for most traders. While it’s possible in some months, consistent 20% returns are rare and involve high risk. Forex markets are unpredictable, and aiming for such high profits without proper risk management can lead to significant losses. A more realistic goal is steady, smaller gains over time with a focus on long-term growth and risk control.

 

[Elijah_0]

Yes, making over 20% profit is possible, but it requires a solid strategy, discipline, risk management, and consistency. High returns come with higher risks.

 

[RainbowRain]

I think that a trader first of all needs to think about the stability of earnings and the profit covering his losses, and this is possible only with strict risk control. Therefore, it is better to earn more conservatively, but also more stably, than to chase a large percentage of earnings and often lose your deposits.