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

kieran (snapdragon1970)
Jan 27 2018 at 15:38
게시물1945
If you think your going to make a consistent amount of pips your fooling yourself ,some days you will make zero pips other days 100 pips ,if I have a limit on say 20 pips a day am I not limiting myself from making a lot more,I limit myself to downside risk so tomorrow I am still in the market to make it back.It's human psychology to close out winning positions to soon and let loosing trades run your account into the ground.It doesn't surprise me that some traders are making 20 pips a day on average that is normal for experienced Traders.

"They mistook leverage with genius".
Mustang19
Jan 28 2018 at 06:45
게시물5
togr posted:
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible


If that was the case a $1000 account would make you a trillionaire by now...

Clearly there is some kind of math error here, or you are trading Venezuelan dollars somehow.

fxphysics
Jan 28 2018 at 07:02
게시물9
There is no such thing as 'X pips a day' trading Forex or any other instrument for that matter. Be it 20 or 500 or just 1 pip. Trading is not linear. If you want regular income, buy a house and rent it out instead.

A Universal Algorithm. A Trading Edge in ANY Market.
Kgodloveme
Jan 28 2018 at 11:59
게시물3
I can do 100 pips a day for common. Want proof? Open a DEMO or REAL account and email me the Account number and Password so that I can prove it to you personally, without any doubt. I prefer you use a broker with low spread. I use TradersWay as my broker. They have low spread but the choice is yours.

Now the ball is in your court.

My name is Sylvester

Stuart (stuart_trade74)
Jan 28 2018 at 11:59
게시물2
maybe your math is out.

in my situation an average pips could be $10 for my 1 std lot. so a 20 pip day makes $200

so on a $50,000 account 1:500 my margin call is $200, which is the risk.
I treat the margin call as the risk even though my stop loss maybe a lot less. (once bitten..)

maybe check your numbers again.. I found MT4 to be confusing and not clear with the numbers.
cTrader is a lot better and clear with how much you are risking. etc.





Mustang19
Jan 29 2018 at 06:30
게시물5
stuart_trade74 posted:
maybe your math is out.

in my situation an average pips could be $10 for my 1 std lot. so a 20 pip day makes $200

so on a $50,000 account 1:500 my margin call is $200, which is the risk.
I treat the margin call as the risk even though my stop loss maybe a lot less. (once bitten..)

maybe check your numbers again.. I found MT4 to be confusing and not clear with the numbers.
cTrader is a lot better and clear with how much you are risking. etc.






I am talking about unleveraged pips. If you are talking leveraged pips then anyone can make 50% a day if they have generous margin and leverage massively.

theHand
Jan 29 2018 at 09:59
게시물365
A pair on average does about 25 000 to 45 000 value changes per pair per day. So on the 8 main currencies which generate 28 pairs you can easily do several thousand pips a day....

The main factors that prevent people from doing this is trade sizes and volume restrictions. It generates an incredible amount of open trades as you can well imagine, but it can be done.

vontogr (togr)
Feb 05 2018 at 15:55
게시물4862
Dove_Services posted:
togr posted:
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible


Really? Do you have a myfxbook link to substantiate the claim?


I had actually posted the links to my post. Someone had deleted it. Dont believe that? Me neither. It is true sadly.

vontogr (togr)
Feb 05 2018 at 15:56
게시물4862
Mustang19 posted:
togr posted:
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible


If that was the case a $1000 account would make you a trillionaire by now...

Clearly there is some kind of math error here, or you are trading Venezuelan dollars somehow.


May be you made a calculation error.
very roughly Profit = pips*trade size. Did you take trade size into account?

AmDiab
Feb 05 2018 at 19:38
게시물718
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.

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