Is 8.5% returns in forex a year for a beginner trader good? That’s my results as of now.

Hi

Is 8.5% returns in Forex good?

It’s not only good, it is outstanding in an industry where 95% of traders lose you have managed to make a profit.

Well done, the fact that you have actually made money tells me you are an intermediate trader, You are probably using some indicators, have some level of money management in place and have some discipline when trading.

You are well on your way, The next step is to start compounding your account. This involves using the profit you have made to trade bigger lots. You have earned the right to do so.

When you do decide to increase you lot size, If you, no sorry when you experience two losses in a row it is very important you drop your lot back to what it was originally until you start winning again.

We all experience strings of losses, heck I have just lost the last four trades in a row. However with my money management plan I am not concerned as I know my winners will more than cover the losses. Look at the losses as the cost of doing business.

Be Consistent, Disciplined and Patient, these characteristics well serve you well when trading. Success is not guaranteed but you are well on your way.