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  1. How Many Pips Should We Target Per Day?

    by , 07-25-2014 at 02:40 AM
    Talking Points:

    • Targeting X amount of pips per day is unrealistic.
    • We should instead focus on diligently following our strategy.
    • Trading with an edge using limited leverage should yield a profit over time.

    About once a week I receive an email from an aspiring Forex trader telling me that part of their trading plan is collecting a consistent 10-20 pips a day from the market. Or they might just ask me flat out for a strategy that only makes 10-20 pips a day. There is ...
    Tags: pips, points, trading Add / Edit Tags
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