Profitability map for Forex.

The main question that interests every beginner who comes to Forex is how much you can earn here.

A lot of articles have been written on this topic, which provide theoretical calculations of probable earnings based on the author’s conclusions.

As elsewhere, the theory here does not always correspond to the truth, so if you really want to find out how much you can earn on Forex, use the profitability card.

Which indicates the likely profit for the month for the most interesting currency pairs.

In this case, you can independently select the month for which statistics will be displayed; only the basic conditions remain unchanged.

Initial data indicated in the diagram:

• Currency pair – there are five of them EURUSD, GBPAUD, EURZAR, USDZAR, GBPZAR
• The deposit amount used for trading was $1000.
• Leverage size – 1:500
• Transaction volume for each currency pair.
• The direction of the transaction is to buy or sell.
• Profit – which could have been received if you had opened a position.

The profitability map itself can be viewed on the website of the broker FreshForex , the tool is really informative and consists of a small diagram:

The size of the likely profit is really impressive; if you opened a buy deal on the GBPZAR currency pair at the beginning of February, by the end of February you could have earned $34,300 with a deposit of only 1000. No

less impressive statistics for other currency pairs:

EURUSD – 2988
GBPAUD – 18315
EURZAR – 25829
USDZAR – 29006

How accurate is the yield map?

The leverage of 1:500 that was used in the calculations is a little confusing, so I would like to make sure that the results given are real.

If you start from the initial data, a deposit of $1000, you can estimate how realistic it is to get the profit indicated on the card. And to be more precise, will the deposit withstand the correction, because the price will not always move with the trend.

The EURUSD currency pair has a transaction volume of 4.39 lots, suggesting a spread size of 20 to 50 dollars, depending on the broker and market conditions.

In this case, 1 point of price movement will cost $43.9 with a four-digit quote, that is, the deposit will withstand a price correction against the main trend of no more than (1000-50)/43.9 = 21.64 points.

That is, the deal is quite realistic if the price does not go against the position by more than 21 points, but the risk is still huge.

It is recommended to reduce the volume by 10 times and use a leverage of 1:50, then you will be able to survive any correction.

As a result, the income, even if it decreases by 10 times, will still remain impressive; even $3,430 from a deposit of $1,000 is still quite a lot.

The profitability map will allow you to choose the most profitable instrument for trading on Forex based on statistics from previous months. Statistics for other markets are also available here.

The card itself is

https://freshforex.org/traders/volatile-contracts-forex/ At the same time, do not forget to make your adjustments to the amount of leverage , making your trading safer.