To use chat, please login.
Back to contacts

What is your daily target??

Asomiddin
Aug 01 2015 at 16:51
25 posts
Hi there. I have trading expierience more than 7 years. i am manginc account

https://www.myfxbook.com/members/Asomiddin/masters-fund/1312698
Buy Low- Sell High
focusedfinance
Aug 15 2015 at 19:10
14 posts
LorraineP posted:

Do you know of a good pip calculator to figure 10 pips = 1% of your account value?

I do it manually in 2 stages.

Account Balance / 100 = $x

1% = $x therefore

$x / 10 = value per pip
If you like it, buy it. If you don't sell it.
alexforex007
Aug 18 2015 at 06:28
775 posts
it depends on the pair you are trading, because 10 pips on the EUR/USD does not represent the same money value as 10 pips on the GBP/JPY, for instance.
focusedfinance
Aug 21 2015 at 21:37
14 posts
LorraineP posted:

Do you know of a good pip calculator to figure 10 pips = 1% of your account value?

There is a MT4 indicator that does this for 10 or however many pips

The one I have is called 'PositionSizeCalculator'
If you like it, buy it. If you don't sell it.
Alex
Look009
Aug 23 2015 at 06:18
224 posts


Do you know of a good pip calculator to figure 10 pips = 1% of your account value?

It can help:

https://fxtrade.oanda.com/lang/fr/analysis/profit-calculator/
WU LIUH JING (StingRay)
Aug 25 2015 at 07:41
21 posts
Target is 30% profit per day.
make 80% profit ( 64 000 profit pips)

https://www.myfxbook.com/members/StingRay/contest-stingray/1335267
financial freedom by using own hand make EA.
Tomas Rodriguez Doherty
tommy2308
Aug 25 2015 at 20:51
88 posts
2-5% daily is enough for me. same on the negative side
vontogr (togr)
Sep 01 2015 at 11:07
4862 posts
1% daily growth is achievable for long term
drago
Sep 01 2015 at 18:29
71 posts
togr posted:
1% daily growth is achievable for long term
no ... only for short term
vontogr (togr)
Sep 01 2015 at 18:51
4862 posts
drago posted:
togr posted:
1% daily growth is achievable for long term
no ... only for short term
I can prove my statement with live verified account, can you?:-D
drago
Sep 01 2015 at 20:08
71 posts
togr posted:
drago posted:
togr posted:
1% daily growth is achievable for long term
no ... only for short term
I can prove my statement with live verified account, can you?:-D

😄 I can't ... but I haven't seen any relatively big account to do on consistent manner 1 % per day. I will be curious to see your statement. Could you post it or send it to me
vontogr (togr)
Sep 01 2015 at 22:04
4862 posts
Well account size does not matter if we talk in percent growth.
I have account with 1% daily but the stats looks weird as I switch it on after 2 months brake
I will insert link once Myfxbook fix the stats
charlesadethib86
Sep 02 2015 at 07:35
35 posts
Using the compounded interest formula a consistent 1% daily assuming 250 open days a year this is 1200%... Taking only the return into account is not correct. You should really take into account the risk you are willing to take and then you will find out how much you might earn. For example, I made an average 6% monthly this year ( over a whole year) but I had 2 draw downs of 20%. Meaning that if I don't want DD above 10% i should not expect more than 3% monthly. Now I am not saying I have the best system some might do better with lower DD but my point is that you should look at what you are willing to loose first.
vontogr (togr)
Sep 02 2015 at 09:30
4862 posts
charlesadethib86 posted:
Using the compounded interest formula a consistent 1% daily assuming 250 open days a year this is 1200%... Taking only the return into account is not correct. You should really take into account the risk you are willing to take and then you will find out how much you might earn. For example, I made an average 6% monthly this year ( over a whole year) but I had 2 draw downs of 20%. Meaning that if I don't want DD above 10% i should not expect more than 3% monthly. Now I am not saying I have the best system some might do better with lower DD but my point is that you should look at what you are willing to loose first.

Yes that makes point. I like low DD like https://www.myfxbook.com/members/togr/oscillator/1354758
Now it does not show profit I stated - 1% a day.
I do 1% a day but I did not trade during Jul + Aug.Does it make sense? ;)
Tomas Rodriguez Doherty
tommy2308
Sep 02 2015 at 09:39
88 posts
togr posted:
charlesadethib86 posted:
Using the compounded interest formula a consistent 1% daily assuming 250 open days a year this is 1200%... Taking only the return into account is not correct. You should really take into account the risk you are willing to take and then you will find out how much you might earn. For example, I made an average 6% monthly this year ( over a whole year) but I had 2 draw downs of 20%. Meaning that if I don't want DD above 10% i should not expect more than 3% monthly. Now I am not saying I have the best system some might do better with lower DD but my point is that you should look at what you are willing to loose first.

Yes that makes point. I like low DD like https://www.myfxbook.com/members/togr/oscillator/1354758
Now it does not show profit I stated - 1% a day.
I do 1% a day but I did not trade during Jul + Aug.Does it make sense? ;)

Great system, amazing, lowest DD I have seen with such a high Profit Factor. Congratulations. 99% wins. Just amazing!!! Added to my watch list
 
rob559
Sep 02 2015 at 14:12
1916 posts
togr posted:
charlesadethib86 posted:
Using the compounded interest formula a consistent 1% daily assuming 250 open days a year this is 1200%... Taking only the return into account is not correct. You should really take into account the risk you are willing to take and then you will find out how much you might earn. For example, I made an average 6% monthly this year ( over a whole year) but I had 2 draw downs of 20%. Meaning that if I don't want DD above 10% i should not expect more than 3% monthly. Now I am not saying I have the best system some might do better with lower DD but my point is that you should look at what you are willing to loose first.

Yes that makes point. I like low DD like https://www.myfxbook.com/members/togr/oscillator/1354758
Now it does not show profit I stated - 1% a day.
I do 1% a day but I did not trade during Jul + Aug.Does it make sense? ;)

great results but it is unsustainable long term wise
Chikot
Sep 06 2015 at 01:06
2299 posts
I would also ask another question. What is your daily loss limit?
focusedfinance
Sep 06 2015 at 06:21
14 posts
5%
If you like it, buy it. If you don't sell it.
alexforex007
Sep 06 2015 at 06:44
775 posts
Good ideas to put into practice, very good info and useful.
charlesadethib86
Sep 06 2015 at 09:54
35 posts
The maximum loss per day or week has something much more important than just risk management. It keeps you away from revenge trading or trading with the wrong mindset. It is very important because it is not only a financial stop but a biological stop. For those who dontget it I highly recommend you to research about the chemical reactionthat happen in your body while taking risk
Please login to comment .