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Is there any good strategy go get everyday 20-25 pips?

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Jubaer
169
Jubaer  

Is there any good strategy go get everyday 20-25 pips?

 

Actually i want to know about a good manual strategy ...If i can get  20-25 pips per day,

 

Regards Jubaer  

Sergey Golubev
Moderator
96004
Sergey Golubev  

The results of any manual trading strategy is based on your skills in trading too. I mean:

manual strategy = indicators + rules + the rules confirmed by trading (author traded his strategy to evaluate the rules) + trading results made by author of the strategy.

So, if you take such a manual strategy - your trading results will be depended on your trading skills anyway.

Hao Li
595
Hao Li  
Jubaer:

Is there any good strategy go get everyday 20-25 pips?

 

Actually i want to know about a good manual strategy ...If i can get  20-25 pips per day,

 

Regards Jubaer  

excuse me. what's pips? could you tell me?
Alain Verleyen
Moderator
32025
Alain Verleyen  
ysu1987:
excuse me. what's pips? could you tell me?

A pip is a variation of price of 0.0001 for most currency pairs, and 0.01 for pairs with JPY.

com37
40
com37  
angevoyageur:

A pip is a variation of price of 0.0001 for most currency pairs, and 0.01 for pairs with JPY.

Still can not get the picture :(
Simon Gniadkowski
Moderator
18019
Simon Gniadkowski  
com37:
Still can not get the picture :(
Spend a few hours reading all you can find from Google . . .  you need a good grasp of many things to even consider Forex let alone trading  . . . 
Danjuma Fatimot
149
Danjuma Fatimot  
pending order for EURUSD

Sell Stop  1.3635
Tp            1.3605
ANTHONY ONOJETA
691
ANTHONY ONOJETA  
Making 20 to 25 pips a day is quite easy but the issue is that it may not be every day. You must also make room for loss for some days. but for me i think it is possible but you have to have the patience to wait for the market
Tan Phan Ngoc
1331
Tan Phan Ngoc  
fxwithouttears:
Making 20 to 25 pips a day is quite easy but the issue is that it may not be every day. You must also make room for loss for some days. but for me i think it is possible but you have to have the patience to wait for the market
I agree with you.
Ellis Chen
545
Ellis Chen  
Jubaer:

Is there any good strategy go get everyday 20-25 pips?

 

Actually i want to know about a good manual strategy ...If i can get  20-25 pips per day,

 

Regards Jubaer  

Hi Jubaer,

I am getting a feeling that if someone come up this question, he's probably new to this business. 

I'd say it would take a new trader at least 5 years hard work just to make these amount of pips 3-4 days out of 5 days. How successful he is would be depends solidly on how he handles that 5th losing day. 

My suggestion for you is instead try to make 20 pips per day, you aim for 100 pips per week, or 400 pips per month, that way the stress level would be easier one you but a solid system is still REQUIRED (that's something you need to work hard to get it).

Khurram Mustafa
34021
Khurram Mustafa  

always remember Market is not perfect predictable

many of strategies are alive and going very good.. but always manage that if facing some loss what we do? 

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