In Pips. Mine is 80 pips/month, with a low leverage (25x).
My objective is to be able earning 250-300 pips per month.
Now, this number stands around 100, but it is improving. Slowly, but advancing as I'm getting more experience and learning from my own mistakes.
I'm trading FX less than year.
Since the markets are so dynamic, I don't aim to get a pip count. I aim for approximately 10% per month growth, doesn't mean that I always get it. That is my objective. That could be on several pips or about many pips, based on the percentR and the expected TP of a certain trade...
5 percent per day or a 100 pips a week is my goal.Originally Posted by ;
Year, I blowed up already three balances but keep on tryin'. ;-)
w/o apprpriate money managment discipline it will occur again. Never danger in deal over 2 percent of your margin fund. Getting 5 percent per day ( that means ~100% per month) sounds hopeless if you follow minimal money managment principles.Originally Posted by ;
I bet you'll blow many,many,many more if 20 pips is 5 percent of the account.Keep it realOriginally Posted by ;
dont exxagerate - 20 pips mean 15% of my accounts. I'm still living since 10.2005Originally Posted by ;