There is no way you can average hundreds of pips per month

Jan 25, 2018 at 07:09
1,486 Angesehen
35 Replies
Mitglied seit Feb 22, 2011   4862 Posts
Feb 06, 2018 at 07:58
AmDiab posted:
togr posted:
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible

Was your performance so consistent? I’m asking this question; because I know daily target is more challenging than the weekly & monthly target.

Nope it is an average per month
Mitglied seit Apr 18, 2017   718 Posts
Feb 06, 2018 at 16:09
togr posted:
AmDiab posted:
togr posted:
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible

Was your performance so consistent? I’m asking this question; because I know daily target is more challenging than the weekly & monthly target.

Nope it is an average per month

I see; thank you very much for your quick reply.
Mitglied seit Jan 25, 2010   1360 Posts
Feb 07, 2018 at 02:25 (bearbeitet Feb 07, 2018 at 02:32)
There is no way...?
You can't stop me trying though! 😁



Anhänge:

Mitglied seit Dec 13, 2017   13 Posts
Feb 07, 2018 at 06:37
Of course hundreds of pips a month is possible.
Mitglied seit Feb 10, 2018   5 Posts
Feb 12, 2018 at 06:34
A goal of 5-10 pips a day is what I am for. So 100-200 pips a month is what I am looking at.
So averaging several hundred pips a month should be doable for very experienced traders.
Mitglied seit Feb 22, 2011   4862 Posts
Feb 12, 2018 at 08:18
Toothed posted:
Of course hundreds of pips a month is possible.

Yes it is

Anhänge:

Mitglied seit Dec 14, 2017   5 Posts
Feb 14, 2018 at 08:34
togr posted:
Toothed posted:
Of course hundreds of pips a month is possible.

Yes it is

That just means you held a position for a long time and closed it in a month.
Mitglied seit Feb 22, 2011   4862 Posts
Feb 14, 2018 at 15:15
Mustang19 posted:
togr posted:
Toothed posted:
Of course hundreds of pips a month is possible.

Yes it is

That just means you held a position for a long time and closed it in a month.
It does not
The strategy usually close the trades the same day.

Anhänge:

Mitglied seit Apr 18, 2017   718 Posts
Feb 14, 2018 at 19:11
togr posted:
Toothed posted:
Of course hundreds of pips a month is possible.

Yes it is

Almost 5K pips in a month? That’s really impressive.
Mitglied seit Apr 18, 2017   920 Posts
Feb 15, 2018 at 06:00
Toothed posted:
Of course hundreds of pips a month is possible.

Actually, which traders have enough knowledge they can make even thousands of pips quite consistently! But, low skilled traders don’t get consistent result here! That’s the reality.
Mitglied seit Dec 14, 2017   5 Posts
Feb 15, 2018 at 06:06
togr posted:
Mustang19 posted:
togr posted:
Toothed posted:
Of course hundreds of pips a month is possible.

Yes it is

That just means you held a position for a long time and closed it in a month.
It does not
The strategy usually close the trades the same day.

Then your doing that math wrong. 500X 20 pips a day on a $100 account would mean $1e50 in a year.
Mitglied seit Jan 31, 2018   16 Posts
Feb 21, 2018 at 12:36
There is a big difference between making 20 pips in a day and AVERAGING 20 pips a day. Anyone can be lucky and make 20 pips a day but the difficulty is doing that EVERY day.
Mitglied seit Feb 22, 2011   4862 Posts
Feb 21, 2018 at 12:39
CleanTrader posted:
There is a big difference between making 20 pips in a day and AVERAGING 20 pips a day. Anyone can be lucky and make 20 pips a day but the difficulty is doing that EVERY day.

And what is the difference? At the end you will have 20*20 = 400 pips a month = the same profit.
Mitglied seit Feb 22, 2011   4862 Posts
Feb 21, 2018 at 12:39
That is even the topic
There is no way you can average hundreds of pips per month
Mitglied seit Aug 27, 2017   994 Posts
Feb 21, 2018 at 14:33
togr posted:
That is even the topic
There is no way you can average hundreds of pips per month

I am sure, for a good skilled Forex trader 100 pips is not such a big deal (as a monthly target).
Mitglied seit Feb 22, 2011   4862 Posts
Feb 22, 2018 at 05:48
Adribaasmet posted:
togr posted:
That is even the topic
There is no way you can average hundreds of pips per month

I am sure, for a good skilled Forex trader 100 pips is not such a big deal (as a monthly target).

I made even thousands of pips/month
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