A goal of 10% gain of equity a month is very achievable by most traders after they have a few years of Forex trading under their belt. That is all my group aim for.
That's not to say that far higher gains are possible, but most will never achieve higher. If a trader can gain 20% per month trading a $50k account, he or she is a real star.
Getting Rich is just rubbish, almost nobody can beat the market consistently and get rich. I owned a second hand Hyundai when I started trading Forex and I now own a nice new Honda, and lucky enough to be able to travel the world and trade Forex for a few months of the year. Goal achieved for me.
I am waiting for Twohands to buy his first Lear jet with all his winnings, perhaps he will give me a fee ride.
