I beleive 1 pip isnt good thinking, but maybe 5 or even 10 pips yes, usign a sl that can make space to your trade and not killing your account, within this egy it's possible to create dozens of transactions, so maybe it can value it.
I beleive 1 pip isnt good thinking, but maybe 5 or even 10 pips yes, usign a sl that can make space to your trade and not killing your account, within this egy it's possible to create dozens of transactions, so maybe it can value it.
If you need 1 pip a day why are you trading? Seems to me as if you are over thinking it and attempting to get some super sure way for equity increase 100 percent of the time. I might be wrong but that is just what I'm getting from reading what was stated at the OP. I could view 5 pips or 10 pips in case you are trading criteria but anything less is probably not gonna flip to a consistently profitable method.
Having a 1 pip TP there is no room for a SL because you are risk to reward ratio could be dreadful. Not the disperse. There is simply no point in trading (the CORRECT way; utilizing SL, etc) if you are only targeting 1 pip. You are gonna be at least 1 pip down for your disperse, so that would mean you need to target 2 pips and that STILL does not help your risk to reward ratio out. Shoot for something.
My 0.02 cents...
I kind of feel that the OP just asked this without the real intent of making 1pip per since he left the spread factor out of his description.
1 pip can't bring profit also much but when it requires consistency then it will good. Thats really possible to make profit with great consistency whenever there's always strong trading egies as well currency managing plan.
I'm Really trade a system thats similar to this thread right now and it Is pretty profitable
No stop loss. My logic enables me to be more profitable I will prove it as well. Though there is a drawdown ever so its worth the risk. Stop losses are the factors for transactions. Emergency stops are greater. If utilized correctlyOriginally Posted by ;
There's no such thing as a profit ratio. That's the only real way banks can keep you in a trade long enough to create your profit turn back into a reduction. Since you were waiting for a ratio from risk to profit. As soon as I create a fulfilled profit I'm out. What ratio?Originally Posted by ;
Lots of clinic ;--RRB-
From personal experience, I'll state that I did not start to make any progress until I started to think in percent rather than $ as my end result.
Hope this affects you in a favorable manner.