how many pips a year do you need to make ?
Apr 27, 2020 at 09:04
answer is shocking 1 pip.if you knew you could 100 percent make 1 pip;you would put 100 lots on it.or more with different brokers.it is like fishing;you could catch 1 blue fin tuna and get over $730;000 at japan fish market.just 1 fish a year.the point is too many traders are getting lots of pips; profit wise not so.after trading many years i have decided less is more.less trades but more certain of trades with higher lots.what do you think.?
Member Since Mar 25, 2020
8 posts
Apr 27, 2020 at 11:29
You also need to take into account drawdown and margin requirements in order to make 1 pip.
May 07, 2020 at 01:36
I think any profit in forex is good. 100 pips per month is very good and 300 pips is outstanding. Most people make money for a short period and give all back. So I think 1200 pips a year is very good and 3600 pips outstanding. Do it for 5 years and you know you have an excellent trading system.
Member Since Nov 17, 2019
2 posts
May 07, 2020 at 10:57
100 pips a week mindset if you are a intraday trader or even swing trader will get rid of your greed. It is the cure to greed as per former central bank of london trader mentor. Listen to that, and you will be fine.
Member Since Aug 27, 2017
875 posts
May 08, 2020 at 12:24
In my trading, I am comfortable with the fixed trading spread, I see during the high voltage news, brokers (not all brokers) increase the trading spreads if traders use dynamic trading spread.
keeping patience.......
Jun 21, 2020 at 15:07
Um, I've never measured my profit with such a measure. It seemed to me that most traders are focused on the percentage of profit from the current capital, and I also tried to estimate my statistics in this way, perhaps it is worth trying your approach.
Member Since Feb 24, 2020
7 posts
Jun 23, 2020 at 12:18
I think in the end everyone wants to make as much money as possible
Member Since Jul 10, 2020
1 posts
Jul 13, 2020 at 11:02
If you make 100 pips per month it’s quite good , so considering that 1200 pips a year is a satisfactory outcome and if you reach 3600 that is outstanding.
Member Since Feb 22, 2011
4573 posts
Jul 13, 2020 at 11:53
On Caesar system I made 29033.5 pips
Member Since May 08, 2018
10 posts
Jul 13, 2020 at 12:04
100pip a month seems very low. Is that really a good target?
Member Since Sep 27, 2019
9 posts
Jul 17, 2020 at 10:56
togr posted:
On Caesar system I made 29033.5 pips
Wow that is amazing. What kind of strategy do you use for that?
Member Since May 11, 2020
1 posts
Jul 17, 2020 at 13:35
togr posted:
On Caesar system I made 29033.5 pips
A Year ?
You have some more info on this Caesar system? PM please
Thanks in advance and have a nice weekend!
Member Since Nov 17, 2019
2 posts
Jul 17, 2020 at 16:10
I second Lauranutt
Aug 14, 2020 at 11:26
You just need to be consistent with profit. Your risk and reward could be anything. You are here to doing business not gambling. What about spread, margin, lot size. You need to be realistic with your target according your strategy and skills.
Member Since Aug 11, 2020
7 posts
Aug 14, 2020 at 11:30
I made 4500 pips from april
