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Quoting saaedbDislikedI've been trading for almost 20 months and I've been through almost all the stages that a newbie goes through, the initial beginners luck, the blow up the account couple of times and after that actually get the head in the game and learn trading slow and steadily. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
Last year was very good for me and over all I've been positive and quite consistent at making some pips.<o></o>
I was talking with a newbie today and he asked me if there was any mechanical system out there that would get you 1-5 pips consistently on daily basis with 100% win ratio.<o></o>
The rules are you can enter the trade stopples with a TP of any where from 1-5 pips. Initially it seemed pretty simple, I pulled up the EURUSD (minimum spread) daily chart (I trade the daily charts) and looked at it. The pair moves about 90 pips on average and one would imagine you can make 1 pip per day with 100% accuracy but I wasn’t able to figure any thing out. What ever I came up with, there was one out of few hundred trades that would be against that rule. I’m thinking maybe since I swing/position trade that’s why I can’t see of any such scalping system (to scalp 1-5 pips) per day with 100% guarantee.<o></o>
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If anyone of you guys have any idea, I’m curious to know.<o></o>
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Thanks<o></o>
saaedb<o></o>
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Quoting shahfxDislikedHi saaedb,our experience in trading is nothing compare to any experience traders which have more than 20-30 yrs trading experince..So,JUST FOLLOW AND LEARN THEIR RULE and adapt ..Cos their know what we dnt know..Unless u Really believe/think that ur are far more smarter than THEM(OLD N BOLD)..which i know most of them(YOUNG N SMARTESSSST)are always ended being A FAILURE>>
WsalamIgnored
Quoting 15sEcondsDislikedIndicators ???? when are you sell or buy ? thank you for shareIgnored
Quoting C.E.O.DislikedWhy dont you just use the SRDC 1 method? Not 100% either, but 95% is pretty good.Ignored
Quoting saaedbDislikedAm I correct, that method targets 5 pips?
if so, i dont like its RR.
I have a better system then that.Ignored
Dislikedi don't remember wanting a system winning 1-5 pips when I started out. I remember I wanted to be a millionaire and retire when I'm 30Ignored
Dislikedthis is ridiculously easy if ur aiming for 5 pip. its almost 100% guaranteed urs.
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DislikedHmmmm, I always thought the 1-5 pips a day system was one of the first stages for a noob????Ignored
Dislikedsince ppl are still posting my original question.
Here is my take on my own question after all this time.
1) there is no such thing as a 100% gaurantee in forex.
...skip...Ignored