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How many pips a day ?

Nov 09, 2018 at 10:47
5,490 Views
153 Replies
Member Since Aug 11, 2017   886 posts
Apr 08, 2019 at 09:44
We the traders who are particularly scalpers have to choose the brokers which for all time make sure lowest trading spreads which is very supportive to make profit with certainly by using scalping policy that brings profit in a short time.
Member Since Feb 22, 2019   11 posts
Apr 09, 2019 at 06:03
Scalper also need to keep an eye on commissions. many broker offer low spread to tempt scalper in but then they have very large commissions that take all the profit away
Member Since Apr 09, 2019   24 posts
Apr 09, 2019 at 13:46
I do not set daily targets for pips
Slow but Profiting
Member Since Apr 09, 2019   24 posts
Apr 09, 2019 at 13:46
Setting daily targets for pips may ruin your day, but instead focus on the Market open you wish to trade on
Slow but Profiting
Member Since Apr 01, 2019   4 posts
Apr 12, 2019 at 09:41
When comparing pip goals with each other, one must remember that some people open more than one order at the same time. This multiplies the number of pips gained/lost for a single given pair movement. For example, today I made 1,087 pips but the pair movement was 11 pips.
You win some and you lose some
forex_trader_688163
Member Since Feb 28, 2019   140 posts
Apr 12, 2019 at 12:07
StayFrosty posted:
When comparing pip goals with each other, one must remember that some people open more than one order at the same time. This multiplies the number of pips gained/lost for a single given pair movement. For example, today I made 1,087 pips but the pair movement was 11 pips.
Wow. Mine so far at least 2,000 pips per month.
Member Since Aug 05, 2016   22 posts
Apr 12, 2019 at 12:19
dont try too hard the easter bank holidays are coming
Member Since Apr 15, 2019   1 posts
Apr 15, 2019 at 15:07
I don't have a set target of pips per day, as long as I am making more than I am losing I am content.
Member Since Apr 09, 2019   24 posts
Apr 16, 2019 at 05:31
Never you set target to make
Slow but Profiting
Member Since Apr 09, 2019   24 posts
Apr 16, 2019 at 05:31
But do on average
Slow but Profiting
EliteCapital1
forex_trader_643759
Member Since Jan 17, 2019   13 posts
Apr 28, 2019 at 11:16
Wrong question to start trading forex with. If your goal to make pips every day let me tell you fridend market won't simply give you intake it will take it from you what you have already made. I had the same question, same mind set 4 years ago. Earned not of money and lost lot of it too. Speaking from real experience. Goal should be how not to lose, how to protect your capital and make consistent mony over times.
Member Since Feb 10, 2019   54 posts
Apr 30, 2019 at 14:42
Hedgefunderpro posted:
Never you set target to make

Exactly!!!
Member Since Oct 20, 2018   300 posts
May 19, 2019 at 10:08
I`ve found something interesting lately. 10 pips a day rule. In short a target is 10 pips for a day and in long term this can provide you serious profit. Sounds strange for me but I think to test it in demo and see the results.
momchil_slavov@
Member Since May 09, 2019   14 posts
May 20, 2019 at 06:08
In the event that I could guarentee that I would make just 1pip every day, at that point I would be a rich man. The issue isn't what number of pips every day except how likely you will make any benefit at all in multi day. A great many people lose sometime in the not so distant future (if not generally day)
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.
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