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How many pips a day ?
Apr 03, 2019 at 07:20
Saif59 posted:togr posted:
There is no such rule.
If you are some day making more pips than is your targer you surely won't stop and trade even more.
If you are some day not makinmg enough pips you surely not meet the target.
The question should be ho much profit should you make per month to make your trading time worth it.
For me target is about 5% and I am slightly below that.
So your target is a 5% increase in your account per month? You are a very very experienced trader but I thought that pro traders made hundreds of percent a year. Is 5% a more realistic target? If it is then my tiny $1000 account is not big enough to make any significant profits
pro traders make like 20-30% a year with very low risk
Jul 12, 2018 부터 멤버
게시물23
Apr 04, 2019 at 11:38
togr posted:
There is no such rule.
If you are some day making more pips than is your targer you surely won't stop and trade even more.
If you are some day not makinmg enough pips you surely not meet the target.
The question should be ho much profit should you make per month to make your trading time worth it.
For me target is about 5% and I am slightly below that.
I agree. No need to measure the profit per trade in pips. And it really doesn't help your performance to know how many pips professional traders make.
Sep 12, 2015 부터 멤버
게시물1933
Apr 04, 2019 at 15:20
FMovingAverage posted:togr posted:
There is no such rule.
If you are some day making more pips than is your targer you surely won't stop and trade even more.
If you are some day not makinmg enough pips you surely not meet the target.
The question should be ho much profit should you make per month to make your trading time worth it.
For me target is about 5% and I am slightly below that.
I agree. No need to measure the profit per trade in pips. And it really doesn't help your performance to know how many pips professional traders make.
It becomes useful to know how much the pair your trading moves on a daily basis if your a short term trader
"They mistook leverage with genius".
forex_trader_688163
Feb 28, 2019 부터 멤버
게시물128
Apr 05, 2019 at 06:31
It depends on your trading style not pips value.
If you are scalper, how do you want to achieve 5,000 pips per month which is easier for swing trader?
Pips value is not important thing to consider.
Your job is to get the profit from Forex trading only.
How to get it?
It depends on you.
If you are scalper, how do you want to achieve 5,000 pips per month which is easier for swing trader?
Pips value is not important thing to consider.
Your job is to get the profit from Forex trading only.
How to get it?
It depends on you.
Feb 10, 2019 부터 멤버
게시물52
Apr 05, 2019 at 11:31
tracydavison posted:
very interesting thread :) some great advice here
Yeah agree, some good information here
Feb 26, 2019 부터 멤버
게시물6
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!
Feb 22, 2019 부터 멤버
게시물9
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 부터 멤버
게시물13
Apr 09, 2019 at 13:46
I do not set daily targets for pips
Slow but Profiting
Apr 09, 2019 부터 멤버
게시물13
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 01, 2019 부터 멤버
게시물4
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
forex_trader_688163
Feb 28, 2019 부터 멤버
게시물128
Apr 12, 2019 at 12:07
StayFrosty posted:
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.
Wow. Mine so far at least 2,000 pips per month.
Aug 05, 2016 부터 멤버
게시물19
Apr 12, 2019 at 12:19
dont try too hard the easter bank holidays are coming
Apr 09, 2019 부터 멤버
게시물13
Apr 16, 2019 at 05:31
Never you set target to make
Slow but Profiting
Apr 09, 2019 부터 멤버
게시물13
Apr 16, 2019 at 05:31
But do on average
Slow but Profiting
forex_trader_643759
Jan 17, 2019 부터 멤버
게시물13
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.
Feb 10, 2019 부터 멤버
게시물52
Apr 30, 2019 at 14:42
Hedgefunderpro posted:
Never you set target to make
Exactly!!!
May 20, 2019 at 06:08
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)
