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How much can you earn on Forex?

November 1, 2024 by Michael Leave a Comment

How much can you earn on Forex

How much can you earn on Forex? In the books and all sorts of courses they like to talk about George Soros and his billions, but how much a simple person can earn on Forex? Often people ask me in comments: “How much do you earn on Forex?” Well, it’s time to face the harsh reality…

I have to say, it is morally difficult to me trade large amounts (my balls are not made of steel), so I don’t save up money on my account, but simply withdraw what I’ve earned each month. Sometimes several times. Of course, in theory, you can use the capitalization of funds and the advantage of compound interest, without removing the gains and trading with all larger and larger amounts. But, I cannot do that. I am an ordinary man with my weaknesses.

Below you can see screenshots of operations over the past 1.5 years from my personal account on Roboforex. I have more than a dozen accounts (a couple of main ones, several experimental and accounts for expert advisors). All screenshots can be enlarged by clicking.


For those who are too lazy to calculate - with Roboforex, I withdraw from 3 to 6 thousand dollars a month. I have another account with Alpari and Forex4you, but there I have quite a penny amount, not worth mentioning. On the screenshots a few months are skipped, I didn’t have a profit then. It is normal, no trader earns EVERY month, without any exception.

My apologies to all those who expected to see hundreds of thousands of dollars. I don’t have them yet 🙁 And probably, if I was making millions, this site wouldn’t simply exist. Well, who knows …

Some smartasses sometimes ask me to give a username and password from my account, so that they could see, how well I trade. And, what the hell do I show someone my own account? Just imagine: you have some small business, say a small candle factory. And, one day some eccentric with a blissfully moronic expression on his face comes to you and asks to see the profit in the last quarter. And he is not from the Federal Tax Service, but a simple passerby. What answer will this man hear? If we cross the limits of decency, then it will certainly be a phrase familiar to the one, everyone knows since their childhood - “Fuck you”. A similar thought appears in my head at the request to show the statement from my trading history. Well, if I was selling some system or an EA, then yes, I’d need to show the statement, you can’t go without real monitoring. But, just proving something to someone with no reason? I do not see the point.

So why did I write this post? What is the point?

It is something like an incentive for beginners and, well, to show that the author of the website is not a fool 🙂

To summarize: it is possible earning on forex and it’s quite real. But do not immediately target huge amounts…

P.S. Answering on a frequent question in the comments - I trade on the Price Action method on daily charts, also I use several EA‘s.

Take care, Michael

ForexTraderPortal.com

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Posted in: Forex for Beginners Tagged: earning, forex profit
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