forex reasonable monthly return on investment (ROI)

forex reasonable monthly return on investment (ROI) Firstly, you do not need to use the word Sir,etc. Also you can just address me by my first name, no need to use Mr as well. I do not use a forex trading system or robot. I use Oanda's trading platform - their charting tools are advanced and very good - also use a London broker and singapore broker. My simple trading rule is if any 3 indicators (e.g. MACD Crossover, Sto RSI (combined indicator which is there in Oanda, ADX, Candlestick charting techniques, etc) give the same signal (BUY or SELL) go ahead with it - Obviously the above indicators giving same signal near support/ resistance points make the trade that much more successful...also keep in mind 100EMA and SMA (of Bollinger band) support/ resistance levels. I trade only on EUR/USD, GBP/USD and AUD/USD

Along with a positive expectation, one must manage their capital very carefully. The position size should be chosen so that the risk of loss on any single trade is known and acceptable. Also, losses must be minimized. If you are in a bad trade, get out and move on. Unlike Mr. Prakash, I always trade with stops, predetermined before the trade is put on. I salute Mr. Prakash for his 80% win rate! Sir, what kind of system do you use??

I like the practical approach that Gregory presented in the first answer. Prakash also made good points. I think it is difficult to answer this question as a good trader works within the market conditions. Some months may be better than others. One month may be conducive to trading hourly charts for longer term trades and some months might require a narrowing down to shorter time frames. All of this will affect the ROI. A trader who is making money as a career will be much like a salesman working for commission. Some months everything comes in, some months it doesn't. Many good traders win less than 50% of the time yet they make exceptionally large amounts of money when they do and they curb there losses.

Money management is crucial however and every trader needs to understand it.

Win rate in percentage does not give you information about profitability of trading.
You can win 90-95% of deals but for 1-1.5 usd, and have 5-10% of loses but for 10-20 usd, so system will be losing. It's not hard to catch good time to open trade and win it in 80-90 positions, using such simple instruments as EMA or fractals, more difficult task it's money management and reducing size of loses.