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You need to double your account every month?
In trading communities, it is sometimes suggested that you need to double your account every month to achieve real success. The idea of turning a small account into a fortune in a few months by doubling it repeatedly is certainly appealing. However, this belief is both unrealistic and dangerous. Sustainable trading success is built on consistent, controlled growth — not wild, high-risk returns that almost always lead to account blow-ups.
The idea that you need to double your account every month stems from unrealistic expectations and misunderstands how professional traders manage risk and grow wealth.
The Mathematics of Doubling Monthly
Doubling an account every month means:
- 100% return per month, not per year.
- After 12 months, even starting with just £1,000 would theoretically turn into over £4 million.
- Achieving such growth would require consistently winning extremely high-risk trades with almost no drawdowns.
Even the world’s best professional traders, managing billions, aim for 20% to 30% per year — not per month. Expecting to double your account monthly sets traders up for disappointment and reckless decision-making.
Why Trying to Double Every Month Is Dangerous
Chasing 100% monthly returns leads to several serious problems:
- Excessive leverage: To double monthly, traders must use dangerously high leverage, amplifying losses as much as gains.
- Emotional instability: Huge account swings cause fear, greed, and impulsive decisions, which destroy performance.
- Inevitable blow-ups: Even a small string of losses can wipe out an account when trading with excessive risk.
- Focus on gambling, not trading: The pursuit of extreme returns turns trading into gambling rather than a professional activity.
Thus, believing that you need to double your account every month promotes habits that are the opposite of what successful traders practise.
What Realistic Account Growth Looks Like
Professional, sustainable trading focuses on:
- Consistent monthly returns: Targeting 3% to 10% per month is considered excellent and achievable with proper risk management.
- Risk management first: Protecting capital takes priority over chasing massive returns.
- Compounding growth: Small, consistent gains build substantial wealth over time without exposing the account to ruin.
- Adaptability: Adjusting to market conditions ensures longevity rather than short-term bursts of profit.
Long-term success in trading is about surviving market cycles, not sprinting to unrealistic targets.
Better Goals for Account Growth
Instead of aiming to double your account every month, set smarter, sustainable targets:
- Focus on process, not profits: Measure success by how well you follow your trading plan, not by how fast your account grows.
- Aim for steady compounding: A 5% monthly return grows an account by 80% over a year — an outstanding achievement.
- Build trading discipline: Good habits and emotional control are far more valuable than a few lucky big wins.
- Adjust expectations: Understand that periods of slower growth, or even small losses, are natural parts of a trader’s journey.
This mindset leads to lasting trading success.
Examples of Sustainable Growth Models
- 5% per month compounded: £1,000 grows to around £1,800 in one year — realistic and achievable without extreme risk.
- Targeting quarterly milestones: Focus on growing the account by 10% to 20% each quarter, adjusting for market conditions.
- Partial withdrawals: Protect profits by withdrawing a percentage of gains periodically, locking in success while continuing to grow.
Each example shows that true trading success is measured over years, not months.
Conclusion
It is not true that you need to double your account every month to succeed in trading. In fact, chasing such extreme returns almost guarantees failure. Sustainable growth comes from consistent performance, disciplined risk management, and patience. By focusing on steady compounding and realistic goals, traders build long-term success without risking everything for short-term glory.
To learn how to grow your trading account sustainably with professional strategies, enrol in our expert-led Trading Courses today.