A well planned patient trading can be profitable

[Natalim]

2x return monthly? See possibility is always there but realistically speaking, the chances are low.

Of course one might end up buying some random asset and it rises such that the trader sells it to realize a 2x profit. But at what cost?

The market does not determine who is going to make money today or in 30days. It is not like a mill churning out flour every day. It is a speculative market and one needs to the seize the correct time and price at both buying and selling.

Simply put, profitability is never guaranteed in trading. Yes, it can be profitable at some point but how often?  This is the reason why trading can be link into gambling since the chances to lose is high while leaving the rate of winning very low.

If you aim to double your returns within a month, get more side hustles and gain multiple income. Maybe that way, your ideal returns will be met. Trading is good, but it's hard to expect returns at all times.

[Audrey Simmons]

Do you think he is right but not just understand how to make 2x return monthly?

There is no need to measure how many returns you want to get within a specified time frame. When you start counting dates on your profits, it makes you trade outside your strategy, all because you need to catch up with the profits according to how you have planned and dated to make returns.

Trade the market when there is opening, instead of chasing daily profit, that's how you survive without draining your funds.

[Barikui1]

Do you think he is right but not just understand how to make 2x return monthly?

The daily profit that I mean is totally monthly profit divided by 30 or total annual profit divided by 365.

Personally I don't place any target when trading because it puts you under unnecessary pressure which might make you take trades you shouldn't have taken on a normal day, but because you just want to make money and get to your profit target, you will venture into a trade that may liquidate you or better still make you lose all the money you have already made and even part of your margin, so I do trade with target, but setting a timeline to achieve a profit target is what I do not do as a trader, because it's not a healthy practice.

[Bright0515]

Developing a profitable strategy isn't easy, there are several hurdles you would have to go through to be able to achieve such and in most cases people end up incurring a lot of losses before they can get this strategy, what differentiates those that's succeeds and others that do not is consistency. A well planned trading does not always guarantee profits but it would definitely increase the chances of being in profit. Trading isn't something that you rush into without critical thinking, if you cannot be patient enough to do proper analysis before placing your trades then you are only gambling.

[Big Dirams]

Developing a profitable strategy isn't easy, there are several hurdles you would have to go through to be able to achieve such and in most cases people end up incurring a lot of losses before they can get this strategy, what differentiates those that's succeeds and others that do not is consistency. A well planned trading does not always guarantee profits but it would definitely increase the chances of being in profit. Trading isn't something that you rush into without critical thinking, if you cannot be patient enough to do proper analysis before placing your trades then you are only gambling.

People that doesn’t trade don’t actually understand how trading works and they always felt they could make a profitable entries without strategies, trading isn’t gambling where luck can save us most of the time. In trading the more we have a reliable strategy the more we stand the chance of making profits even if not all the time but at least some of the time.
 Consistency can make us profitable but we need to  consider other factors too and not just rely on consistency alone because it can’t save us through the journey. And you made a good point that patient is very important for a trader and as a trader when we don’t have the patient then we will always keep making hasty choices.