Sep 01 · Second: How much leverage you use In forex trading, brokers offer leverage which means you can put on trades for more than you have.
If there are 20 trading days in a month, the trader is making 100 trades, on average, in a month. Forex brokers provide leverage up to 50: 1 ( more in some countries).
For this example, assume the trader is using 30: 1 leverage, as usually that is more than enough leverage for forex day traders. You’ ve learned the key factors that determine how much money can you make from forex trading.
Here’ s an example:. Therefore, with a decent forex day trading strategy, and a $ 5, 000 account, you can make roughly: $ 1245 – $ 415= $ 830/ month or 17% monthly return. Your position size is 8.
3 mini lots, which is $ 83, 000. Therefore, to attain that return requires at least 17: 1 leverage.
If you’ re reading this article, you’ re probably fairly new to Forex trading, so I don’ t want to misguide you. May 14, · Astrofx help answer one of the most popular questions within the forex and trading market " How much can i make".