There is a big misconception when it comes to daily Forex trading goals and returns that constantly profitable traders are making.
To better cover this topic, first you need to understand that there are always 2 sides to a story.
In this example, on one side, you have social media traders and on the other side you have seasoned pros.
So, to start, who is a social media trader. Well, to make it very easy for you, the so called social media trader is anyone who is showing off, buying lambos, Gucci belts etc without any realistic proof.
The thing is that most of the people fall for the social media traders courses and end up being scammed. I know quite a few people who were scammed by buying into a get rick quick schemes from people claiming that with a minimum investment off $500 you can be easily making $1500/week.
That right there is a social media trader WANNABE. Chances are dude knows nothing about trading and he is using others people money to make money and not his trading skill.
This type of traders are claiming that flipping accounts and making 100% monthly returns is doable and many people fall for that.
On the other side you have seasoned pros. Traders that are not trying to much on social media, honest guys who are just sharing what are they doing in the markets on a daily basis and understand that trading is all about consistency and longterm gains and not HIGH RISK short term gambling.
The seasoned pros understand that period of drawdowns will come, they understand the rule based approach and they are comfortably making 30-50% returns YoY.
Question is. Who do you want to be ? What is your goal ? Check out the video, maybe it can help you out to make that decision
Hope you enjoyed the content. If you find it valuable, like it, share it, spread the word, and as always, if you have any questions, just comment bellow and Ill get back to you ASAP. I try to answer all of the comments.
In the meantime check this out: http://track2.qltrk.com/l/rit/checkthisout
SUBSCRIBE TO ME ON YOUTUBE: https://www.youtube.com/channel/UCFuSjQLX5w6g0KCiKpUCe_A?sub_confirmation=1
FOLLOW ME ON TWITTER: https://twitter.com/retail_trading
FOLLOW ME ON INSTAGRAM: https://www.instagram.com/retail_trading/
ABOUT RETAIL INVESTING & TRADING:
Retail Investing & Trading channel is the place to be if you ever wondered what a professional day trading really is and how a retail trader approaches the market every day. Its also the place where that same trader will be covering some of his other, different ideas about stock market, life, wealth creation and passive income. Hope you enjoy the content.
As I believe in transparency on the web I need to disclose few things so here they are.
DISCLAIMER: I am not financial adviser of any kind. All of my videos are for educational purposes only and are not financial advise nor should you listen for what I am saying and blindly follow it. You should do your own research before taking any actions in terms of investing and trading. Obviously, investing and trading of any kind involves significant risk and may not be suitable for everybody. Your investments and trading actions or any actions of any sort are solely your responsibility. I am merely sharing my opinions on stocks and markets in general as I see it. It is imperative that you conduct your own research before taking any action whatsoever. My recommendations are not guarantee of any gains or losses on the investment.
AFFILIATE DISCLOSURE: I am affiliated with a number of different offers on the channel. If you buy something through one of those links, you wont pay a penny more but Ill get a commission. This includes other influencers that might come on on this channel as well.