How much can you actually make monthly on Forex?
When it comes to how much Forex traders make,
we all know about the sad statististics for most inexperienced traders,
due to greed, lack of a profitable trading plan and indiscipline.
But, those who have gained experience, how much do they actually make?
It all depends on how much capital invested, how profitable your strategy is and your risk levels.
If you are averaging from 3%-7% monthly profit, you are a successful trader.
Most successful traders target around 10% profit.
And this is one major difference between profitable and unprofitable traders
Unsuccessful traders target 50% or more. Which is unrealistic.
Another way most people make money on Forex is through affiliate partnership.
As an affiliate partner, you promote and attract clients to the broker
and you receive a commission for every traded lot made by your attracted clients.
Here's how it works:
So you attracted at least 10 active forex traders
and the broker pays you a small percentage of their trading activities,
Let's say your revenue is at least 6 USD per trading volume (lot).
Assuming 1 trader's trades averages 15 lots per month.
If you have only 10 traders under your network, how much would you be getting on the average?
Let's do the Math:
15 lots X 10 traders = 150 lots per month
150 lots X 6 USD = 900 USD per month!
Without investing a dime of your personal cash smiley
If you are an active user of social media, or you own a finance related website or blog,
or you like to make extra money on Forex
You can sign up as an affiliate partner and start earning now: https://justforex. com/partnership/introducing-broker?afm=bcbbf6 .