Hey traders, new trader here. I'm still in the research and practice phase. Things are going well (I'm positive on my paper account at least). But I had a question about the income potential.
I hear conflicting information about whether or not you can actually make a living via forex trading. It's easy to find people who say live the "forex life" but they coincidentally always ask for your money. So you can't believe them in any capacity at all. On the other side, I read that making 10-18% over a year is the rarest of successes and that almost nobody can achieve those numbers.
To make things more complex, I understand there are diminishing returns for increased account sizes. I've read that "it's easier to make money on a small account". So there seems to be an upper limit for how much capital is useful.
I've heard talk that anything over 100k capital isn't very beneficial. If that's true, and if 10-18% is the nearly unachievable top end, then am I correct to assume $18k annually is about as good as a retail trader can do?

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