Whitesnake
Corporal
- Messages
- 428
The questions is wrong.
Even if you get the required consistency, to what purpose does it ultimately help you? Make $40 to $400 every once two weeks?
Retail brokerage is all about gambling. The average deposit here comes down to $10k to $25k in the western countries, and borders along $5k for the asian markets.
There is no way a trader can consistently make money in the markets, every month, with such low amounts.
One can however just find a good directional trade, hold it for 6 months to 1 year or more, and perhaps double or tripple the investments. You have an example of the USDJPY move.
Other than that, NO "consistent" trader can ever earn good money from the markets (forex, stocks, bonds etc) without first putting down at least $300k to $500k.
And most retail traders do not come in that bracket.
Truth hurts but it must be said.
That is a very huge money and no individual retail traders can afford to invest such huge amounts. But we also need to keep in mind that the definition of financial freedom varies from people to people and thus being happy with the money made is the go.