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Attachments: How Many Pips do you aim for per week?(& Poll Vote)
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How Many Pips do you aim for per week?(& Poll Vote)

  • Poll

  • How many pips (Net) do you genuinly aim to get per week?
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  • Post #1
  • Quote
  • First Post: Edited 9:50am Jan 22, 2009 7:47am | Edited 9:50am
How many pips do you genuinly aim to get per week (with the expectation of achieving). That is net number of pips (possitive pips minus negative pips), not the gross number of pips (Just green).

Please only people who are trading in live accounts, and genuinly serious expectations of yours: not pie in the sky dreaming.
Probability Professor
I aim for >10% ROI and DD<3%.
Attached File(s)
File Type: pdf WEEK04.pdf   103 KB | 798 downloads
my target is only 20 pips a day...
that's enough for my living...
if i can get more, it's even better...
Money management is good for your health...
mine is 500 pips a week
Whatever the market wants to give...
I agree with rabid


Best regards
Maybe I should have added more figures down at the bigger end instead of just 801+
Probability Professor
Quoting Galation
Maybe I should have added more figures down at the bigger end instead of just 801+
Positive infinity is what I'd like to see on the scale but no worries so far I'm glad to get to 20/day (100/week if I'm really lucky ) so "76-100" is where I go .
Sorry, but IMHO pips don't mean a thing. I aim for a monetary ROI, whether it takes me one pip or a gazillion pips to achieve doesn't make a difference, as long as I achieve the percentage I was looking for.

Besides, the value of a pip is different for everyone, depending on what currency your account is in and whether you are trading a standard, mini or micro account. Once again, set a monetary or % goal and forget about pips.

Just my 2 pips
"The market giveth and the market taketh away"
I aim for 10 Pips a month. I trade 50 mil per trade.....
That's a nice 50k income per month.
got to agree with the last two, only roi is important

max
Gravity goes both ways in forex...
Right. Imagine you risk 3% on a 15 Pips stop but you manage to get 300 Pips.
That would be a massive 60% gain with one trade. 300 Pips can be anything.
Quoting Rabid
Whatever the market wants to give...
Same here, as many as I can get. However, due to position sizing, 25 pips of scalping gives me a better return than 1000 pips of my long term trades. The ratio of position size between my scalping and long term trades is typically greater than 40:1.
1.
And then my 'Job Description' kicks in.

It Ain't easy & you should be aware of that from the outset.

To bad I lost the Quote that this was intended to respond to....
There are no negative option. That's right, I have a negative aim. I shoot for -100 pips.

I trade without a T/P but always with a S/L. So my aim really isn't how many pips I make in a trade or week or month. My aim is to minimize the number of pips lost.

I know this will make no sense to many.
Not all sins are created equal
Quoting Jay Walker
There are no negative option. That's right, I have a negative aim. I shoot for -100 pips.

I trade without a T/P but always with a S/L. So my aim really isn't how many pips I make in a trade or week or month. My aim is to minimize the number of pips lost.

I know this will make no sense to many.
It actually makes perfect sense. By having a positive pip goal you are limiting your potential. By having a negative pip goal you control your losses and expose yourself to infinite gains.

It's okay to expose yourself in this way.
IMO, the 801+ represents infinate...........
Living the adventure in my head.
Quoting CoolTrader77
mine is 500 pips a week
Hi, which is your strategy for do 500 pips a week? thanks.
Extreme Scalping = 500 pips a week (7-10% ROI)
Intraday = 100-200 pips a week (2-5% ROI)
Quoting Jay Walker
There are no negative option. That's right, I have a negative aim. I shoot for -100 pips.

I trade without a T/P but always with a S/L. So my aim really isn't how many pips I make in a trade or week or month. My aim is to minimize the number of pips lost.

I know this will make no sense to many.
makes sense to me
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