Realistic Winning Pips

 

Using a Daily chart, (no intraday intervention) and without the bullsh_t.

How many pips on average per month can people win using one pair, say GBP/JPY?

 

hi

it depend on how good your trading system is , it could be hundreds or even thousands pips , if the result positive ofcourse

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Forex Indicators Collection

 

Hi Prasxz,

You are absolutely right.

I would like to know how good is everyones trading system in average pips per month using a daily chart.

 
 

Hi Beno,

I totally agree with what you are saying.

What I am trying see is what people are making in pips per month (average).

So are you doing 73.4 pips per month average?

If not, what are you doing?

 

per pair the average approx 70 pips per month over 6 pairs

 

Thanks Beno,

That's what I am interested in.

BTW, you wouldn,t be a Kiwi by any chance?

 
Aussie4X:
Thanks Beno,

That's what I am interested in.

BTW, you wouldn,t be a Kiwi by any chance?

there is a small chance i'm a Kiwi

 
 
kenneth37:
Good thinking. One question: how many orders would you be doing per month? (one order means opening a position and subsequently close your position).

I have not counted them as the number of orders has not been a point of concern.

The number of pips for the year is spread over the all the pairs you are trading there for the losses are also spread over all the pairs you are trading.

Its a bit like a martingale cost averaging system I think.

Cheers Beno

 

Thanks, Beno, for the reply.

Your view brings home a realization that making a modest number of pips per month is achievable.

Good trading.