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How many pips a day ?
Member Since Sep 12, 2015
1933 posts
Jan 20, 2019 at 13:24
SaltaLargo posted:
That is a fair point. Most pros look at percentage growth rather than pips. And daily targets are stupid. Some days the markets are flat and it is impossible to make any profit. Other days there is loads of nice movement and you can make 200 pips. It is better to check results over a month or longer
Some back testing and you'll see what's the best times for trading your pair ,set notification of levels.True pros do use % but it's mostly associated with older assets. On those flat days in pairs I jump across assets like stocks ,commodities , bonds etc.
"They mistook leverage with genius".
Member Since Aug 05, 2016
19 posts
Jan 22, 2019 at 07:34
set yourself a monthly target from 5% that way you will more then double your investment in a year
Member Since Aug 05, 2016
19 posts
Jan 22, 2019 at 15:39
i recomend you to do a trading course first before trading
Member Since Aug 05, 2016
19 posts
Jan 23, 2019 at 08:09
thats good
Member Since Aug 05, 2016
19 posts
Jan 23, 2019 at 15:54
there are hundreds of strategies you have to find one thats te best for you
Member Since Feb 22, 2011
4573 posts
Jan 29, 2019 at 12:47
Guys,
You have to follow good trading plan.
If you don't have any please don't trade.
You have to follow good trading plan.
If you don't have any please don't trade.
Member Since Aug 05, 2016
19 posts
Jan 29, 2019 at 13:07
correct
forex_trader_404449
Member Since Feb 19, 2017
13 posts
Jan 30, 2019 at 07:47
forex beginner traders always think in terms of "pips" - this mindset is due to all sorts of educators talking only about "pips". In reality $, £ or any other currency should be your priority, not "pips" - you can't put "pips" in your bank account. Some strategies can generate profits in $ but at the same time be negative in "pips"...
Member Since Aug 05, 2016
19 posts
Jan 30, 2019 at 08:11
i think in % :-)
Jan 30, 2019 at 10:55
Everyone should think in percent. All this talk of pips is BS and does not matter. I think it is the brokers trying to give misinformation about how to trade and the concept of pips this and pips that. Pips irrelevant., what really matters is risk (in %) and profit in (%)
Member Since Feb 22, 2011
4573 posts
Jan 30, 2019 at 11:51
Ansel posted:
Everyone should think in percent. All this talk of pips is BS and does not matter. I think it is the brokers trying to give misinformation about how to trade and the concept of pips this and pips that. Pips irrelevant., what really matters is risk (in %) and profit in (%)
You do not have idea what you are talking about.
Because risk = stop loss in PIPS * trade size
profit or loss = trade outcome in PIPS * trade size
Member Since Aug 05, 2016
19 posts
Jan 30, 2019 at 13:01
perfect at least you understand Ansel 😎
Feb 06, 2019 at 12:42
The market makers (Big Banks) have rules for their traders that include using the Fibonacci progressions and trading for a minimum of 55pips. If you learn how to mimic their agenda trades, you should be able to make 100-200 pips per day on average.
Member Since Feb 22, 2011
4573 posts
Feb 06, 2019 at 12:46
IMHO planning how much pips or dollars you make per day is nonsense.
You should follow trading plan.
Trading plan defines when to enter and when to exit trade.
So some day you make some pips, some day you make even more and some day you lose some pips.
There is no FGH [holy grail] which would provide 100 pips every day.
You should follow trading plan.
Trading plan defines when to enter and when to exit trade.
So some day you make some pips, some day you make even more and some day you lose some pips.
There is no FGH [holy grail] which would provide 100 pips every day.
Feb 13, 2019 at 07:33
Penrose2000 posted:
Daily is quite a short time frame to look at pips. I only look at monthly pips count. I am getting around 300 now but made a loss for long time
Hey Man, just control your speed. I dont know how its possible...whats your system. Can you please tell me about your system. 20-30pip is risk free I think.
Day by day having better, better and better...
