I received an email from Sree who wrote:
How much monthly return can I expect from a USD250 investment? Can you also suggest how I can manage placing my Stop Loss?
When it comes to returns, you should look at percentage returns. Generally, if you can consistently profit 6% every month, you’d be considered a very good trader.
With that in mind, a 6% return on a starting capital of USD250 will not yield enough monetary gain for a monthly income. This is not something bad; it is just reality. If you want to trade for a living, you will need much more capital than USD250. However, before you put your hard-earned money into your live account, I strongly suggest you learn to trade on a practice account first.
Regarding your Stop Loss placement, I cannot advise you on it because I do not know your trading method and how you approach the market. I suggest you utilize the FXPRIMUS coaching service during your learning phase. The coaches will be ready to advise you on your trading methods.
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