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Joined Mar 2017
|304 Posts
In order to me, it’s not a big deal to calculate how much pips you can earn . the main issue is consistency , that’s a big challenge and we can’t maintain this for all time when trading practically.
I think earning 1 pip is easy and you can do it with normal trading. If you have knowledge of the market.
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The best one can do if they're doing so manually is to wait for the market to start moving very sluggishly in between trading sessions so they can close their position on time.
{quote} The best one can do if they're doing so manually is to wait for the market to start moving very sluggishly in between trading sessions so they can close their position on time.
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It’s easy to think, but the reality is different! By the way, I liked your idea, nevertheless not sure because of trading spreads and requotes issue!
{quote} It’s easy to think, but the reality is different! By the way, I liked your idea, nevertheless not sure because of trading spreads and requotes issue!
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Regarding the trading spreads, it's a good idea to pick the pairing with the smallest trading spread possible - usually that's EUR/USD. As for the requoting problem, not all brokers have it. Pick a broker that doesn't have an issue with that.
Noobs, go away. For pro's. Do you know the way how to earn 1 pip everyday trading on forex? I trade 3 lots at once. That's 30$ per trade. 20 days = 600$. On 5 accounts that's enough for me (3000$). That's all i want. Do you know the way how could i achieve this?
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So, what will be your SL for 1 Pip? Listen, using less than 1:1 profit ratio is not useful, besides 1 pip is too risky as a SL point!
