That's how much you need to make a day to make 50% / 100% per annum, compounded on 255 trading days per year, respectively. Trading is one of those odd ventures that seems so easy to a beginner, yet is fraught with perils.
16pips / 27pips a day doesn't sound like very much at all, and yet, not many of us can do even that many pips consistently*.
Why do you think this is so?
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*If you could do this on an entire portfolio and not just on individual trades here and there, I think there are many HFs and IBs who would hire you.
16pips / 27pips a day doesn't sound like very much at all, and yet, not many of us can do even that many pips consistently*.
Why do you think this is so?
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*If you could do this on an entire portfolio and not just on individual trades here and there, I think there are many HFs and IBs who would hire you.