HomeОбразованиеRelated VideosMore From: 2ndSkies Forex

Can You Make $5,000 Trading Per Week?

134 ratings | 10097 views
How much money can you make trading per week? And what should you 'expect' to be making? The answer will likely surprise you. Timestamps: 0:00 How much can I expect to be making per week/month/year trading? 1:45 Performance returns of Horseman Capital 3:20 What can I expect on average return? 3:55 Yearly average 5:40 What you should be expecting 8:15 Where does the need for expectations come from? 9:25 Going from a full-time job to full-time trading 10:15 The cold hard truth about the markets and trading 11:23 33% of you will make money within a quarter 12:33 From $100k to $700k 13:10 How many losing months in a row before you start changing strategy/instruments/course? 14:09 Our natural instinct is to… 15:30 Probability vs. Risk 18:05 If your current approach is not working, this is what you need to do
Html code for embedding videos on your blog
Text Comments (25)
Jack Perkins (7 months ago)
Hi Chris, thank you for the video. Seeing the month on month results of a top fund has clarified a lot of things in my mind. A question though I have about drawdown percentages, I notice that they may have had a drawdown of around 17% August /September of 2011. Im wondering what type of total drawdown percentage is considered bad, acceptable and great when considering the would be investor and also the general standards at the top of the game? Many thanks
A M (8 months ago)
If i made 1000 pips monthly ( I know alot of people can do that ) with a capital 100k and 1 lot .. thats 10k per month , am i calculate that right ?
2ndSkies Forex (8 months ago)
Try not to think of pips as = a fixed amount per lot because you don't want to be trading a fixed lot since acct size is always fluctuating and you want to be risking a fixed percent per trade which I talk more about here (https://2ndskiesforex.com/trading-strategies/forex-strategies/fixed-equity-vs-fixed-dollar-amount-better/). Its also important to not think of trading in such a static/linear fashion. What I mean is, try not to think of trading as "I'll make x pips per month" because after you've traded for a while, you'll realize you cannot think of performance as being solid or the same all the time. You'll have losing months as well, and may not make 1000 pips on winning months. Hope this helps.
Michael Bakewell (1 year ago)
Have a plan , have some rules , have some discipline and stick to risk management , only trade your best setups and you will be successful [email protected] the rest
2ndSkies Forex (11 months ago)
Hello Michael, while I think that works 'conceptually', there's more to trading than just conceptual knowledge. If there wasn't more than the 'conceptual', more traders would be profitable.
Dan Silve (1 year ago)
Another fantastic informative video. I added up the %'s over the last 16 years, and it averaged 14% a year.
More EV (1 year ago)
Very fresh. Finally a bit of truth
2ndSkies Forex (1 year ago)
Glad you liked the video and message EV
B Trull (1 year ago)
Hmmm look at the far right column YTD ? Anyone else notice a pattern that is repeating itself ; that all of a sudden crashed during the great recession and is now basically on the same trajectory ?
Dan Silve (1 year ago)
For many the crash including myself happened in 2008 and for others 2007. from there onwards it was austerity measure for many, the likes would not see the returns like this example of 2012-15
Ehsan Vamenani (1 year ago)
lol if hedge fund learn about crypto currency trading only with hold Bitcoin for one week can earns more than 10% profit or hold top 10 crypto currency for one year only earn more than 100% pure profit so funny video chris:)
Dan Silve (1 year ago)
Ehsan I would love to know your returns in 16 years time and show proof of them. If you can do that, then your comments today maybe valid, but remember the Dot.com bubble? I am sure they said the same thing then, and look how that turned out.
More EV (1 year ago)
Lol clueless
2ndSkies Forex (1 year ago)
This comment is completely meaningless. This video has nothing to do with trading crypto, or what hedge funds are doing in the crypto space. It's talking about trading financial markets and what traders can expect. Sure, people can trade crypto, and have amazing returns. There are also people who bought ETH at the highs and are down over 25%. Anyone can talk about what they 'can' do in the crypto space, or any instrument for that matter. So your statements are pretty much meaningless in regards to this video and what we're talking about.
Kenneth M. (1 year ago)
Probably one of the best videos I've watched on trading so far. Kudos.
2ndSkies Forex (1 year ago)
Thanks Kenneth - much appreciated.
King Michael V (1 year ago)
Love his video, really opened my eyes. Thankyou
2ndSkies Forex (1 year ago)
Am glad the video gave you a new perspective on trading.
Ade Abasanji (1 year ago)
Honest video. 👍 I'll stay in my day job for now. Thank you.
2ndSkies Forex (1 year ago)
Hello Ade - yep, someone had to do it and say these things. Nobody was because they wanted to do the marketing thing. We decided on a different path.
pmcllc (1 year ago)
Rewiring the brain takes a lot of time
2ndSkies Forex (1 year ago)
Yes, but not as much as you think, and not as long as you think.
Samuel (1 year ago)
How does one trade full time then? How can someone realistically rely on forex as their primary source of income? please address this in another video. Lots of people claimed to achieve "financial freedom" through forex. Do they mean selling forex related courses?
Dan Silve (1 year ago)
I think I get it, the answer is yes, as Chris stated it took him 3 years before he could quit his job. So I presume he would have put away some savings that would at least see him through a six month consecutive losing period if not more. It's always good to save for a rainy day, as they always happen to everyone. I don't see it soley just as money/risk mangement in trading, but with personal finances too. So many people today are a pay check away from being homeless. How many here today reading and watching his videos could survive for 3 months if they lost their job? I couldn't I need more savings behind me, and this life skill is transferable to trading financially, ( just my opinion not necessary a fact )
2ndSkies Forex (1 year ago)
Hmm, why just forex? I trade stocks, futures, options, commodities, CFD's, fx, and global indices. I don't recommend just trading one asset class, but many. Regardless, this video was about what you should expect until you have enough cushion to go full time (which I did discuss). RE: Lots of People Claiming I can't speak for other people. You'll have to ask them.

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.