The only way to make an income from trading long term without blowing up

I've been trading for 14 years now and have noticed that all starting traders want to triple their account every month, this is just not realistic in the long run without blowing up an account. If you want to trade as a career and earn a living from trading you have to manage risk first and understand that your best friend is compounding. if you make a steady 10% a month trading which is not that difficult (if you know what you are doing) that compounds to over 300% a year. so a 10k account can increase to over 30k in 1year and 98k in 2years. It is important though to keep the transaction costs as low as possible. In all my years of trading I found this Broker the best overall for transaction costs but also strong regulation.

There are many methods that have an edge and work- but most traders downfall remains greed- they want too much too quickly instead of grinding it out and compounding - 

The inexperienced trader trades too big for their account size and refuses to take a loss- most of the time the trade comes back but the one time it does not the entire account is wiped out- You only need to glance at a traders statistics to question the long term viability of what they are doing. A very high growth rate in a short space of time in an account means a lot of risk was taken and a very high win percentage often (but not always) means that the trader is letting losses run. Whereas a trader that has grown their account steadily over time and many trades spreads out risk and at the finishing line usually has a much better account growth rate simply because that traders account is still there and compounding and not blown up.

10% a month is realistic and achievable long term. More than that 10% a month is enough. I target 20% a month. There are signal providers that are making over 1000% in a short space of time- but if you take a closer look and follow them for a while you will see them all blow up because they are taking too much risk (also they are likely to be cent accounts as you would never take such high risks with a high account balance).

Take 1,000 dollars at 10% a month ---after 1year= 3,000 dollars----after 5years= 304,000 dollars