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.
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
newdigital, 2013.09.20 08:21
Summaries :
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- How to Start with MT5, a summary !
- All (not yet) about Strategy Tester, Optimization and Cloud
- ASCTREND SYSTEM summary (incl 2 good EAs)
- BRAINTRADING SYSTEM HowTo
- PriceChannel Parabolic system (incl 2 versions of the EA)
- Market Condition Evaluation (2 EAs were created)
- Ichimoku
-
Financial and trading videos - Table of Contents
- All about Calendar tab and Macro Economic Events
- All about MQL5 Wizard : create robots without programming
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?
A pip is a variation of price of 0.0001 for most currency pairs, and 0.01 for pairs with JPY.
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 :(
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
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).
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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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