Thread: i want only 1 pip everyday

Noobs, go away.

For pro's. Do you know how to make 1 pip everyday trading on Foreign Exchange?
I trade 3 lots at once. That's 30$ per transaction. 20 days = 600$. On 5 accounts that's enough for me (3000$). That's all I need. Do you understand how could I do so?

Originally Posted by ;

Noobs, go away. For pro's. Do you know the way how to earn 1 pip everyday trading on FX? I exchange 3 lots at once. That's 30$ per transaction. 20 days = 600$. On 5 accounts that is enough for me (3000$). That's all I need. Do you know the way how could I achieve this?

Thus, what will be your SL level? 1 pip or more? But if you use 1 pip SL, that usually means you're trading using 1:1 ratio (not an ideal profit ratio). On the other hand, logically 1 pip is quite risky SL level! So, I am not certain about this trading system.

Originally Posted by ;

Noobs, go away.

For pro's. Do you know the way how to make 1 pip everyday trading on Currency Market?
I exchange 3 lots at once. That is 30$ per transaction. 20 days = 600$. On 5 accounts that's enough for me (3000$). That is all I want. Do you understand the way how can I achieve this?

Go for it man! What have you got to lose?! Oh wait.

Bear in mind the spread, though. With just 1pip as a TP, your risk off the bat could be 3 times.

Originally Posted by ;

Go for it man! What have you got to lose?! Oh wait.

Lol, ya gotta luv 'em because of their naivety

The Noobs, go away bit is very good though!

Ok so it got moved into the rookie department, I guess it deserves a reply....

Like EmeraldEyes said, the spread alone is going to be higher than your potential benefit, and there are inevitably going to be more losing transactions.

Consider it, you'll see that it is really not a feasible plan.

Instead of wasting your money and time with this why not simply understand how to trade, it is not that difficult. Sure it takes some time to become proficient but the rewards in the end of this make it worth while.

Great Luck!

Instead of 3 lots and 5 pairs, why don't you go with 1 pair and 15 lots? Same mathematics, and less trouble with spread all things considered.

If you really spent time demo trading like that you'd see why for yourself, and stop wasting your time using stupid threads like this one.

Originally Posted by ;

Noobs, go away.

For pro's. Do you know the way how to make 1 pip everyday trading on FX?
I exchange 3 lots at once. That is 30$ per trade. 20 days = 600$. On 5 accounts that is enough for me (3000$). That is all I want. Do you understand the way how can I do so?

Well, making on average one pip per day isn't difficult, but making 1 pip really regular is pretty hard.

I have a way that is easy. Take a trade free of SL, long in the event that you flip the coin Heads, and Brief if you flip tails, and take profit at 1 pip. This will give you 1 pip the majority of the days. On the days you don't reach 1pip profit, trade double the dimensions and if that fails, next day 3x the dimensions, finally you will cover the deficit of pips and you're able to lower the size of the transaction to the initial amount. There you go...

Going for just 1 pip on a daily basis sets you in a position to have to become deadly accurate on each trade, since your risk to reward is away. If you're more of a Fundamental Analysis kind of trader then you exchange around news that can be volatile and also a greater prospect of slippage. I understand your not using a position trading egy as it requires that you hold your positions for more than one pip. If you're a Technical Analysis Trader afterward you exchange based on installments, patterns and amounts. The risk on each trade relies on how many pips are being risked in the installation. I believe it is very tough to find a setup with a risk of 1 pip even about the 1Min chart. Utilizing this egy compels you to do precisely the reverse of what successful traders do and that is cut losses short and let profits run. If your prejudice is correct and you kill your commerce at 1 pip leaving profits on the table. If your employing a 1 pip stop-loss you're more likely going to have greater losses then winners since the markets may can have pull springs if price runs away from the entrance like it does on many trades your done. In order to gain 1 pip your going to have to gain 2-3 pips to make up for the spread or any commissions if any. This sets your risk to benefit lope sided and thicker on the risk side. If you are not using a stop loss then your account will undergo huge draw downs as you are not setting your risk amount before you enter the trade. Overall this egy will lead to losing your hard earned cash.