No you absolutely can not make 60% per day, everyday. Maybe for a week or two if you have a little skill, but sooner or later the market will catch up with and take all your winnings and some. In order to make 60% per day the risk you would be taking would be insane. Forex is a numbers game and trading like this the numbers are not in your favour.
If you did hit a lucky streak you would begin to feel invincible, which no doubt would lead to you taking on more risk. Instead of shooting for these big numbers, think slow and steady does it.
Now you can make 60% per month and that would be outstanding, but again sooner or later your account will grow and you won’t want to take on that much risk. Imagine loosing 10% of £1,000 in one trade, that’s £100 not too bad you say. How about 10% of £10,000, now that’s £1,000 loss a trade, you lose two trades in one day. Now you have lost £2,000. What would you do next?
Answer:
Probably blow the whole account revenge trading!
