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Anonymous

18 Sep 2019

General Investing

What are the average returns of someone trading forex as compared to picking individual stocks?

Been hearing a lot about how risky forex can be but curious to find out whether there's anyone that has traded forex for a long time and made better returns than the S&P 500 for example

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Cedric Jamie Soh

18 Sep 2019

Director at Seniorcare.com.sg

A professional trader on forex earns about 10 - 15% on average monthly.

Sounds good? It's true... but you are not hearing the whole thing.

It's a job, it's a full-time job, and they need to grind and focus on it. I know of guys who can do other jobs and probably earn more salary per month. Forex traders earn that because they spend hours and hours working for it, and waiting and checking for that one or two trade per day (probably spend 2-3 hours checking just to find a single trade)

Novice or even mid-term traders? Statistically, 95% lose money.

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