Profit on Forex, or what its size depends on.
The first question that comes up immediately after getting acquainted with the Forex exchange is how much can you earn here. But this is the same as asking how much they earn by having their own business.
You can be the owner of a factory and make millions in profits, or you can have a stall at the market and barely make ends meet.
Forex is the same business, therefore the amount of profit here is also purely individual, it all depends on such components as the amount of capital and the trading strategy used.
Of course, there are some standard parameters through which the amount of earnings can be expressed; usually the percentage ratio of the deposit and profit is used.
Profit on Forex depending on the strategy used.
1. Long-term strategies - usually bring no more than 3-5% per month, therefore they require large investments.
But at the same time, they are less risky, since trading is carried out practically with one’s own funds, the leverage rarely exceeds 1:10. 2. Intraday trading - 10-20% per month, there may be more impressive results, but usually traders rarely manage to overcome this level.
But even 20% of profit is not so little, especially if you reinvest all the profits received in trading, in this way you can get up to 400% per annum. 3. Scalping – this particular trading option is legendary, but the number of successful players using this strategy can be counted on one hand.
Profits on Forex thanks to scalping can exceed 1000% per month. As a result, you can calculate what earnings prospects open up with a deposit of $1000:
• Long-term strategies – $30-50 per month.
• Intraday trading – $100-200 per month.
• Scalping – up to 10,000 per month.
Most professionals choose medium- and long-term strategies, increasing their profits not through risky strategies, but by attracting investor money.
For example, you trade with an average profitability of 15% per month. Your own deposit is only $10,000, so your earnings are $1,500. After attracting an investment of $100,000, the profit margin will also increase to 15,000 per month. At least 50% of this amount will go to the investor, but you will be left with 7500 + 1500 = 9000 dollars in earnings, with a net worth of only 10,000. It was the attraction of investors that allowed many billionaires to make a financial fortune, for example, the same George Soros is the owner of a hedge fund and perfectly conducts transactions with other people's money.