Apr 05 2019 at 11:31
tracydavison posted:
very interesting thread :) some great advice here
Yeah agree, some good information here
Apr 07 2019 at 06:36
Try not to set daily targets. If the market doesn't move then you'll end up chasing pips that aren't available! Entering trades left right and centre.
Investing in your future!
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.
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
Apr 09 2019 at 13:46
I do not set daily targets for pips
Slow but Profiting
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
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
Apr 12 2019 at 12:07
StayFrosty posted:Wow. Mine so far at least 2,000 pips per month.
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.
Apr 12 2019 at 12:19
dont try too hard the easter bank holidays are coming
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.
Apr 16 2019 at 05:31
Never you set target to make
Slow but Profiting
Apr 16 2019 at 05:31
But do on average
Slow but Profiting
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.
Apr 30 2019 at 14:42
Hedgefunderpro posted:
Never you set target to make
Exactly!!!
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.
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)
I think daily 20 pips hunt is enough!
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.
sgtmarkets posted:
I think daily 20 pips hunt is enough!
More than enough even. 😎
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.
