How many pips a day ?

Nov 09, 2018 at 10:47
7,233 Views
117 Replies
Member Since Apr 23, 2019   32 posts
May 23, 2019 at 04:33
Basics of Standard Lot. A standard lot represents 100,000 units of any currency, whereas a mini-lot represents 10,000 and a micro-lot represents 1,000 units of any currency. A one-pip movement for a standard lot corresponds with a $10 change.
Member Since Oct 20, 2018   300 posts
May 25, 2019 at 16:18
sgtmarkets posted:
I think daily 20 pips hunt is enough!

More than enough even. 😎
momchil_slavov@
Member Since Mar 05, 2017   20 posts
Jul 31, 2019 at 10:30
walpandree posted:
Hi everybody.

I'm a newbie here and in forex too.

Just wondering how many pips are you doing each day (in long-ime average) ?

Thanks in advance

It is very difficult to get regular pips every day.
I usually earn about 200-300 pips per week.
Member Since Jul 09, 2019   33 posts
Aug 01, 2019 at 06:48
walpandree posted:
Hi everybody.

I'm a newbie here and in forex too.

Just wondering how many pips are you doing each day (in long-ime average) ?

Thanks in advance

While there can’t be an exact answer to this question as trading X amount of pips each day is unrealistic since markets do not move in a predictable manner . This question is relative to every trader and his strategy . Setting up a target of making X pips a day is a really difficult thing to do. Such a daily target shall be ineffective as it encourages more trading when strategy is ineffective and vise versa. Also , number of pips per pay will depend on a trader’s strategy and his goals.
Member Since Jul 25, 2019   10 posts
Aug 01, 2019 at 09:47
smith_fx posted:
walpandree posted:
Hi everybody.

I'm a newbie here and in forex too.

Just wondering how many pips are you doing each day (in long-ime average) ?

Thanks in advance

While there can’t be an exact answer to this question as trading X amount of pips each day is unrealistic since markets do not move in a predictable manner . This question is relative to every trader and his strategy . Setting up a target of making X pips a day is a really difficult thing to do. Such a daily target shall be ineffective as it encourages more trading when strategy is ineffective and vise versa. Also , number of pips per pay will depend on a trader’s strategy and his goals.



So what would be a good target? Maybe a monthly target? I think that targets are good as it can keep us focused and looking for trade
Member Since Jul 19, 2020   318 posts
Dec 19, 2020 at 12:36
It depends on your trading strategy and ability of making decisions.
Member Since Apr 12, 2019   6 posts
Feb 04, 2021 at 10:43
yes daily is way to short. Some days I make 0 pips. other days 100pips. But over a month it is much more even
Member Since Jun 09, 2020   1 posts
Feb 04, 2021 at 12:28
I been only trading for a year. I have resources that I get my education from and I get free trades, maybe 10 per day. I average around 100 pips a day. Some day are higher some days area little lower. I would love to connect with other traders.
Member Since Dec 21, 2020   9 posts
Mar 04, 2021 at 12:18
You can probably try to make a monthly analysis of them and not limit them to a day or two. Good luck.
Member Since Jul 23, 2020   869 posts
Mar 04, 2021 at 13:54
Having a goal is good for trading. But do not force your trading to achieve that result.
Member Since Dec 17, 2020   20 posts
Mar 11, 2021 at 10:36
Probably around 200 to 300 pips on a monthly basis works for me.
Member Since Mar 17, 2021   536 posts
Jul 29, 2021 at 12:48
margaritastephen posted:
Probably around 200 to 300 pips on a monthly basis works for me.
All traders may not the same. So, I think it depends on the traders ability.
Member Since Feb 12, 2019   105 posts
Aug 05, 2021 at 10:07
walpandree posted:
Hi everybody.

I'm a newbie here and in forex too.

Just wondering how many pips are you doing each day (in long-ime average) ?

Thanks in advance
Im more about the percentage growth if i hit 2% im out for the week
Member Since Jun 10, 2021   9 posts
Aug 05, 2021 at 10:24
Jungle78 posted:
walpandree posted:
Hi everybody.

I'm a newbie here and in forex too.

Just wondering how many pips are you doing each day (in long-ime average) ?

Thanks in advance
Im more about the percentage growth if i hit 2% im out for the week

Me to. PIps is such a pointless measure. $$$ is only what matters
Member Since Jul 23, 2020   759 posts
Sep 01, 2021 at 21:56
Learn as much as possible. However, don’t trade without a proper trade setup.
Member Since Mar 17, 2021   536 posts
Sep 03, 2021 at 08:45
SofieAndreasen posted:
Learn as much as possible. However, don’t trade without a proper trade setup.
Yes. Learning is very important in this market.
Member Since Mar 17, 2021   536 posts
Jan 09, 2022 at 19:21
gruntlimbic posted:
You can probably try to make a monthly analysis of them and not limit them to a day or two. Good luck.
Yes. I agree with you.
Member Since Mar 28, 2021   617 posts
Dec 05, 2022 at 09:38
Every tradershouldrely on multiple strategies at a time to confirm a signal. But traders are hardly fond of it.
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