Nail small amount everyday?
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Thread: Nail small amount everyday?

  1. #1
    Hello men,

    My 1st ribbon although have join in for some time.
    I know trading is much more about inner self control and discipline
    but wish to know if its possible to pinpoint say 4 pips every day(6 pips include broker side)
    and trade say about 1000 equilibrium and with 0.5lot with gradually increase 0.01lot regular.

    Although if some drawdown that will be enormous hence wish to get opinion from you guys
    if this is think about a very low risk plan.

  2. #2
    ToS?wz
    Guest
    Quote Originally Posted by ;
    Hi guys, My 1st thread even have join in for some time. I know trading is much more about internal self control and subject but want to know whether its possible to pinpoint say 4 pips per day(6 pips include broker side) and commerce say about 1000 equilibrium and with 0.5lot with slowly increase 0.01lot everyday.
    Trading isn't making X pips per day.
    It isn't even about making money overall.
    It isn't only about inner self management and discipline.

    ALL of these come as the result of mastering a Procedure.

    Quote Originally Posted by ;
    want to get opinion from you guys when that is consider a very low risk plan.
    As Warren Buffett says (and I feel this applies to investing as much as it does to investing) Risk comes from not knowing what you're doing.

  3. #3
    One of the main reason I wish to hit less pips would be to get less time assessing the market and cut down odds to overtrade and
    oversized that are the main reason of failure.

  4. #4
    Quote Originally Posted by ;
    Hi guys, My 1st ribbon although have join in for a certain time. I understand trading is more about internal self control and subject but want to know whether its possible to pinpoint say 4 pips every day(6 pips comprise broker side) and commerce say about 1000 equilibrium and also 0.5lot with gradually raise 0.01lot regular. Although if any drawdown that will be enormous hence want to acquire opinion from you guys when that is consider a very low risk program.
    It's likely to take some small amount of money in the market most days, scalping a few pips and there.
    But
    it's the wrong way of it to try to quantify it, in pips or dollar, how much you need daily. . .just doesnt work this way out.
    For this type of 'security and understanding' you would have to get work. The kind. That provides the predictable to you!

    By way of example, here is myfxbook, using a profit curve. (live account; removed private data, not to confuse you)
    roughly 6 months, or 100 trading days. . .marked the 3 that lost money.
    Some day really little gains, some day really adequate one, all with a generally safe way = low drawdown.

    Do it operate with 1000$ and 0.5 lot? Probably NOT!
    I use far far less risk, that provides me miles more flexibility, in addition to the yield target is a lot less.
    4 pips using 0.5lot on 1k account....effectively 2 percent daily yield!
    In theory it's possible, just exactly like you're able to jump from the 10th floor and live!!
    A few do. Are you the lucky one? Ready to test?

    Pls notice, it's only to reveal it's possible!!

  5. #5
    Quote Originally Posted by ;
    quote The market doesn't have speculative opportunities each and every moment. On those days the choice is to stay out.
    Whether you will find trading opportunities daily depends upon one's egy along with the timeframe one is working together. Currently, most busy currency pairs move about 100 pips daily on an average. For someone heading for 10-20 pips per day there are opportunities galore if he or she's discovered a true edge.

  6. #6
    I have begun to trade 5 decades back since then I have made 400,000 euros
    I began with 10,000 eur's and if it hit upto 60,000 or 70,000 I withdraw back all. .
    I have my own methods to trades and I would definitely share here soon.
    For today I hopena a screenshot of today ongoing trades.

    take care


  7. #7
    Quote Originally Posted by ;
    I know trading is more about internal self control and subject
    Trading is not about that, I advise you to read larry harris novel trading exchanges so it is possible to know who, how and why people trade.

  8. #8
    Quote Originally Posted by ;
    Adnanpervaiz, 400k euros without loss? Damn, you're truly awesome. quote Certainly there won't be any days, or any scenarios, where it appears like there is a installation, which then fizzles out and goes nowhere. The issue is, he wants to be 4 pips in the end of every day. It doesnt matter how much a currency pair move, being 4 EVERY SINGLE DAY isn't possible. Yeah, on average you can, such as 20 one day, -8 the next, and so on, so total it provides 4 pips per day on a very long term. My expectancy right now is 9.7 pips normally, so that is achievable....
    You dont need SL if you are confident enough to your Entrance setups and if you are not trading against your broker.
    Thank you to appreciation ... my target is to reach 1 million euros in next 3 years.

  9. #9
    What you are asking for is definitely possible. You want subject and the edge. The interesting thing about your target goal is the subject aspect of it. If you waited for the edge installation (however long that takes on a particular day), acted upon it, traded upon it... would you call it a day? Can you continue trading?

    The safer, option are the former. You hit a subjective (but worthy) goal goal for the day. It's an exercise of consistency and control. Good job.

    The latter option is quite chy. You have resolved to push your edge. The edge might be authentic. It may do the job. The threat in this option is being able to appropriately exchange your edge. A pitfall is the hope of more. Why only hit today's goal? I am able to double it, triple it. Surely possible. But, patience and restraint may falter, resulting in carelessness and greed. Suddenly, edge setups are appearing everywhere. The heart steps ahead, and the head steps back to give way. This is how over-trading can happen.

  10. #10
    Quote Originally Posted by ;
    quote my target is to reach 1 million euros in next 3 years.
    Good luck on your target man. You appear to be in your way. Is that cyclic analysis I'm seeing in your chart?

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