How much profits do you expect to get back from a USD20,000 trading account?

[momo3HC]

It`s not a simple math so... can be anything from 100% to -100%

 

[JohnnyJoe]

Hmm depends on your your risk settings and RR steike rate etc

 

[BitcoinBabe]

I'd look for the same as now 1% risk for 2% gain

 

[RahmanSL]

Frankly, I forgot I had posted this almost seven(7) years ago on Jul 28, 2013.

How much profits do you expect to receive (get back) from a USD20,000 trading account in 260 trading days (one year)?

Perhaps that should be rephrased to:
Can you make a decent living from a US$20,000 trading account?

My answer is: That depends on the country you are at and the cost of living there.

 

[downtrend]

At this point you are saying right just capital is not the only thing that will give you a lot of profit. FIsrt you should avoid to invest too much money in a trading account. You have to increase capital gradually as start from $300 to $500 , if you are expert trader you will now the profit percentage you are making through this amount then you can invest more amount. No one can tell you the exact amount of return you can make from high or low capital because it all depends on your trading.

 

[RahmanSL]

I have rephrased my original post to:
Can you make a decent living from a US$20,000 trading account?

And again I would answer:
That depends on the country you are at and the cost of living there.

For example, the monthly cost of living in some Asian countries are:
Burma: US$116.00
Cambodia: US$128.00
Vietnam: US$216.00
Philippines: US$321.00
Indonesia: US$338.00

Thailand: US$605.00
China: US$868.00
Malaysia: US$936.00

South Korea: US$2,816.00
Japan: US$3,476.00
Hong Kong: US$4,233.00
Singapore: US$4,966.00

On the lower spectrum, the average cost of living is around US$224.00 per month which, on a USD20k trading account amounts to (based on 21 days trading month) around US$10.70 daily profits.

On the second tier, the average cost of living is around US$803.00 per month which, on a USD20k trading account amounts to (based on 21 days trading month) around US$38.20 daily profits.

On the higher tier, the average cost of living is around US$3,873.00 per month which, on a USD20k trading account amounts to (based on 21 days trading month) around US$184.40 daily profits.

Traveling around Southeast Asia on the budget end, you should be able to live on an average daily budget of about $50-$60/day for two people and/or around $35-$40/day for solo travelers. So trading the forex market while on the go might be an ideal & viable way to self finance the trip & adventure.

I am pretty sure that most intermediate & advance Traders can very easily derived a relatively small daily profits from a US$20k trading account without raising a sweat:
1) 0.1% = US$20.00 x21 trading days = US$420.00
2) 0.2% = US$40.00 x21 trading days = US$840.00
3) 0.3% = US$60.00 x21 trading days = US$1,260.00
4) 0.4% = US$80.00 x21 trading days = US$1,680.00
5) 0.5% = US$100.00 x21 trading days = US$2,100.00
6) 0.6% = US$120.00 x21 trading days = US$2,520.00
7) 0.7% = US$140.00 x21 trading days = US$2,940.00
8) 0.8% = US$160.00 x21 trading days = US$3,360.00
9) 0.9% = US$180.00 x21 trading days = US$3,780.00
10) 1.0% = US$200.00 x21 trading days = US$4,200.00

So, yes, I would say conclusively that Asian Forex Traders can make a decent living with a US$20k trading account.

 

[RahmanSL]

I posted the above because one gentleman (intermediate Trader) told me he has invested a quarter of his retirement funds in the forex market with a well regulated broker for some years now and trade just sufficiently, with very little risk, to meet his monthly expenses and a little bit more for other expenses like occasional family holidays.
So, yes, trading the forex or stock market is a viable source of additional income as long as you treat that as an investment and not gambling to get rich quick.
His strategy is simple enough by waiting for some high economic impact news releases and then make a few quick scalp trades in the direction of market movement and then, after meeting his profit target, close his computer and call it a day. Very precise and very discipline!

 

[fxoday]

First, I will try to keep the money to not get into loss, and I think I will felt get in pressure because never trade with this amount of money, it's so big amount for a retail trader like as me, but make 10% monthly I think as a reasonable target with this amount.

 

[RahmanSL]

I see most people posted here as Traders and not Investors.
When you invest in something, you must have a clear idea & plan on what you expect to derive from your investment.
When you put your money in a fixed deposit with a bank or financial institution, that means you are willing and happy to receive the offered interest rate which, if it's your life's savings or retirement funds, should be sufficient to meet all or most of your daily/monthly/yearly expenses without having to touch your funds.

Investors will differ in their strategies & plans and what works for one doesn't necessarily work for another.

 

[perryjohn765]

within a month i expect 500-600 profit if everything goes well and in my favour