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How many pips should a reasonable trader make a month?
forex_trader_28881
Member Since Feb 07, 2011
691 posts
Apr 09, 2014 at 04:27
Pips mean nothing.
What's your NAV doing ?
What's your NAV doing ?
forex_trader_28881
Member Since Feb 07, 2011
691 posts
Apr 09, 2014 at 12:56
(edited Apr 09, 2014 at 12:58)
All that counts isn't it ?
Bank only accepts money, not pips. Go to the bank manager say I made 10 pips. He's going to say: Nice, how much do you want to deposit ?
Bank only accepts money, not pips. Go to the bank manager say I made 10 pips. He's going to say: Nice, how much do you want to deposit ?
Member Since Feb 22, 2011
4573 posts
Apr 09, 2014 at 13:00
I made about 130,000 on my real accounts this real.
So about 40,000 pips monthly
Or about 4k pips/account
is this good or bad?
So about 40,000 pips monthly
Or about 4k pips/account
is this good or bad?
forex_trader_28881
Member Since Feb 07, 2011
691 posts
Apr 09, 2014 at 13:02
(edited Apr 09, 2014 at 13:30)
No one with any experience cares about the Pips. I do 40 000 in a day if I feel like it. Doesn't mean I made money.
And you vont what his name, stop spamming. I've you're successful go to the beach, no need to try squeeze it in everywhere.
And you vont what his name, stop spamming. I've you're successful go to the beach, no need to try squeeze it in everywhere.
Member Since Feb 22, 2011
4573 posts
Apr 09, 2014 at 17:00
TheCyclist posted:
No one with any experience cares about the Pips. I do 40 000 in a day if I feel like it. Doesn't mean I made money.
And you vont what his name, stop spamming.
If you do 40k pips in a day with constant lot size how could you not make money?
Nice signature you have Show me your pips!!
:)
Member Since Apr 21, 2013
98 posts
Apr 09, 2014 at 17:02
Lol - Our Trading Room is on the Beach "Best way to Trade" Looking at the Ocean while Cashing in.....
Apr 26, 2014 at 07:59
TheCyclist posted:
Pips mean nothing.
+1 pips really means nothings you can make 50 000 pips that will bring you 5$ and loose 1 pip that will loose you 5000$.
If you can hold an average of 3-5%/month over a 1-2year period you could concider yourself a great trader.
Member Since Apr 08, 2014
1140 posts
Apr 28, 2014 at 13:24
drefhill posted:TheCyclist posted:
Pips mean nothing.
+1 pips really means nothings you can make 50 000 pips that will bring you 5$ and loose 1 pip that will loose you 5000$.
If you can hold an average of 3-5%/month over a 1-2year period you could concider yourself a great trader.
Sounds reasonable.
"I trade to make money not to be right."
Member Since Apr 14, 2014
230 posts
Apr 28, 2014 at 13:39
It depends a lot on individuals and what kind of system he/she is using for trading.
Member Since Apr 09, 2014
890 posts
Apr 29, 2014 at 20:27
drefhill posted:TheCyclist posted:
Pips mean nothing.
+1 pips really means nothing you can make 50 000 pips that will bring you 5$ and loose 1 pip that will loose you 5000$.
If you can hold an average of 3-5%/month over a 1-2 year period you could consider yourself a great trader.
It makes sense.
Member Since Nov 21, 2011
1601 posts
Apr 29, 2014 at 20:38
This is the philosophy about pips:
Calculate how many pips you are ready to loose for each trade you place. If it doesn't worth it. Drop it.
Calculate how many pips you are ready to loose for each trade you place. If it doesn't worth it. Drop it.
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