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

Mustang19
Jan 25 2018 at 07:09
5 postów
With a 500x 100k account making 20 pips a day you would make a million dollars in a few days. Brokers will not even let you do that.

Anyone who claims to have achieved this either made a math error or hasn't been trading long. A realistic maximum gain is more like 5-10 pips a day...

Stuart (stuart_trade74)
Jan 26 2018 at 13:18
2 postów
interesting thoughts Mustang19.

I maybe wrong and if someone knows better, please correct me.
but from my understanding brokers have 2 streams they can put you in. one is for the profitable where your order leaves their desk and they place the trade in the real markets for the exact one you placed.
then there is a internal stream where they take the other side of your trade and hope you loose.

I have a broker that says they are a 'true ECN' their sales pitch is that your trades gets sent to the real markets.

But I know what you mean its hard not to think of brokers as casinos trying to win against you.

also 100's of pips a month is not that hard once you learnt the ropes.. and pulleys.. and tricks..

vontogr (togr)
Jan 26 2018 at 13:23
4862 postów
@Mustang19
I do 20 pips a day for years so dont tell us it is not possible

vontogr (togr)
Jan 26 2018 at 13:24
4862 postów
@Mustang19
even more pips monthly can be achieved
So where is your 100k account to manage?

vontogr (togr)
Jan 26 2018 at 13:24
4862 postów
@Mustang19
Made almost 3,000 this year so how many yours 100k accounts you let me manage?

Forex Cyborg (forexcyborg)
Jan 26 2018 at 13:25
27 postów
More than 10 pips a day are realistic. Even fully automated.

Average since inception around (average) +12 pips per day.
This month in average over +38 pips per day.

Adribaasmet
Jan 26 2018 at 13:29
947 postów
Actually, consistency is the key! If you are consistent enough then surely end of the year you’ll get enough number of pips whatever small trading account it was!

mlawson71
Jan 26 2018 at 15:38
1487 postów
Mustang19 posted:
With a 500x 100k account making 20 pips a day you would make a million dollars in a few days. Brokers will not even let you do that.

Anyone who claims to have achieved this either made a math error or hasn't been trading long. A realistic maximum gain is more like 5-10 pips a day...


The majority of traders don't have those kinds of accounts anyway.
However, making 20 pips per day is possible, it's just that few are able to achieve it.

AmDiab
Jan 26 2018 at 16:36
718 postów
mlawson71 posted:
Mustang19 posted:
With a 500x 100k account making 20 pips a day you would make a million dollars in a few days. Brokers will not even let you do that.

Anyone who claims to have achieved this either made a math error or hasn't been trading long. A realistic maximum gain is more like 5-10 pips a day...


The majority of traders don't have those kinds of accounts anyway.
However, making 20 pips per day is possible, it's just that few are able to achieve it.


Yes; everything is possible here! But, it’s not an easy task for a long run.

Dove_Services
Jan 27 2018 at 02:10
33 postów
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?

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