I saw in a social media that traders were talking about 20% profit every month. Do you think it’s really possible?
It is totally possible until you become a certain percentage of the given market, but up to that point you could be leveraged as high as x20 and have to be able to handle the emotions involved in that.
%% LOL big difference between probable+ possible. ''EVERY'' month would be big difference from a certain % 0f 10\12 months. Another key how many -20%[\negative 20%] losses per month could one stand. Miracles happen , but tend to be clustered .........................
Of course it's possible. I've been in a casino where someone won a million dollars on a slot machine. Anything is possible. The question should be is it probable? Don't think so!!
%% LOL you got me beat on that gamble, never have been in for that one. Dave ramsey said his wife won $125 in a slot machine [ 00.25 \quarters puked out LOL]Then she lost $600 on the cruize ship casino slot machine................................................................................. THE BIG scam on these ''lotto'' news casts almost \never see the losing odds except in fine print. Millionaire Mind book noted not only all the wasted money; but over 40 year$ the wasted time, on lotto.[lotto = stupid tax on people thatc ant do math WE gambled for $00.25 in a pool hall, so anything is possible, as kids
It could be provided that you accept the potential and possible and very likely 40% or even larger % of drawdowns.
if you're just trading 5-10k you can absolutely reach that kind of performance. Low capacity strategies usually have a good yield