How much can we earn per day in forex trading?

[aaronfx]

It will depend on your capital, your strategy, your goals. Anyway I think it is much productive to achieve a regular profit over time than a high profit in a day.

 

[Rajesh]

There is no restriction to earn money. That’s way, we can make unlimited money according to our trading capacity. But, I’m not greedy and always follow proper money management policy. So, I have a suitable daily target. In addition, only one pip trading facility of TradingBanks trading broker always helps me to get my target within very quick time. by the way, my daily target is 150 pips.

 

[budado]

I think the question is best answer if we going to say how much we earn in forex trading each day. I do compute my earning per month and on average I do earn 250 dollars a month. Now I can say that I do earn about 8 dollars per day in forex trading.

 

[Rajesh]

it’s open for every traders. That’s why, I like Forex trading profession very much. Because, in every day I’m making huge money. In addition, after making big money I prefer to withdraw my big profit instantly. Because, I can transaction my money instantly without any additional fees from TradingBanks trading broker. There have no hidden fees. So, my live trading life is very smooth and quick.

 

[sininfinity]

I don't earn daily. In fact i don't win on all my trades. Some end up in profit and some end up in losses. But overall i am profitable.

 

[gabi]

a day, man thats a hard question, its relly depends on so many many factors, the largest i lost in one day in terms of money is about 720 dollars, thats like in 30 minutes lol, only to show I can earn that much as well, even more depending on the leverage the lot size and how much capital i have! you cant really contain the answer in a simple digit! but for now make the breakeve/profit a priority, no matter how small it is.. remember break even is way better than a lose, small goal but effective. one thing i had to learn the hard way blowing up my first hotforex account.

 

[sindarin]

Well my daily earning is at $5 but remember i don't trade everyday and my monthly earning at around $100-$130 right now depend on how big my earning. It is easy to lose and make profit in forex so you should be careful don't trade everyday especially if the market is not good.

 

[gabi]

yeah good point, thats the beauty of forex, if the market is going crazy then just take a break, and remember BREAK EVEN is good, its better than a lose, so not trading only means you are not losing.

 

[Asad]

It's completely depends on you . Because if you open a trade in right position then you will earn a good profit but if you open a trade in wrong position then you will lose your money . So do technical analysis before open a trade and earn enough .

 

[starlite]

Yes daily earning depends on trader, his capital and skillof trading . All traders do not get same profit daily . As much you are skilled , take risk and are good in management of trading you will get more profit. Your daily earing target should be 1% to 2% so that you find it easily.

 

[swinger]

This depends on several factors, your account capital, your trading method and mainly on your trading skills.

 

[starlite]

Yes daily earning depends on trader's own skill his time of trading and capital he has in trading account . He can make good profits with high capital in just one trade if market favors him. I some times make more than $20 in a day . Some days are bad when I earn only $1 or $2 or make loss in trading.

 

[sininfinity]

It is not wise to set daily earning goal because it will be very difficult and may force a trader to over trade or take wrong decision. I set monthly goals for myself and some months i even don't make profit but that's ok with me. I try to recover it the next month.

 

[Lee Mark]

There is no limitation, it’s open for me! But till now I have a fixed trading target (on daily basis) that I have selected according to my previous trading experience and knowledge, I don’t trade anymore when I get my trading target, then I start my educational session once again! Trading without any target is really dangerous; discipline is one of the most important pillar of success!

 

[sininfinity]

I think will better if we manage money on account with patience, and not enforced to achieved target on daily basis, because trend market also not always same daily, and not yet if facing loss on trading it can making emotion if enforced to making profit with will leading to become trading blindly

Can't say about emotional aspect but setting daily profit target would make life difficult. As you mentioned losses will also happen and so those days pressure would be more for that trader. Weekly, bi-weekly or monthly profit target is ideal in my opinion.

 

[Tom Latham]

I have no extra pressure for my daily income because, I am trading with a specific monthly target only, not on daily and weekly target! I see, having daily trading target is a problem instead of trading opportunity! Generally, you’ll not get good entry points in everyday, that’s very logical! Even, I believe there is no 100% in Forex business!

 

[kxforexmart]

Earning potential per day is huge what i feel if we have the experience and proper knowledge and like that we can maintain the consistency as per the market trend with good potential of entry perfectness.

 

[Faal]

How much you are capable of; really there is no boundary! You can make huge amount of money here! But I never tried for unlimited income! I always expect here decent income according to my trading skill! Such I started with only 7% monthly target since my demo performance was only 7%.

 

[ericasauer]

For me there is no settled income for a day. My trading style is somewhat extraordinary. Everything relies upon trade set up. I mean on market. I just open trade on the off chance that it satisfy every one of the criteria I take after. So it might happen that in some week the quantity of trades are more than 10 while in some week it is zero. Yes it is zero. On the off chance that i don't get legitimate set up i won't open any trade. it. I trade with ECN Capital broker. I utilize 1:500 leverage for my trading. I like the trading platform in light of the fact that my trades are executed immediately.

 

[lioneld]

While trading one has to have some clear vision. That vision must be about how much should one earn every day. Its true that every day is not going to be a profitable day always. There will be lean days. That is a part of forex trading and one must accept it.



I personally looking for a target of about 30-50 pips as I find it more realistic and achievable target per day. this will be the average earnings. I trade between 6-20 trades, depending on opportunities available during the day. I take between 10-15 pips on normal trades and 4-6 pips on scalping. Very rarely I carry a position overnight.

How much do you think to is achievable daily from trading in forex. Lets have a realistic talk.

It’s open to you! You can earn huge money here if you have enough trading skill! By the way, I am not expecting here any unrealistic result! Right now, I am trading with 1% daily target.