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How successful are you?

  • Poll

  • the number of pips you make per month on average?
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  • #1
  • First Post: Feb 28, 2020 5:27am Feb 28, 2020 5:27am
Hi everybody!

Very easy, each of us can say that he earned 1, 2,5,500 dallars, but I propose to evaluate professionalism in the number of points(pips) earned per week / month on average.

So let's post here:
1) trading experience in years
2) average number of pips you make per month


I hope everyone will be interested in it!
  • #2
  • Feb 28, 2020 6:07am Feb 28, 2020 6:07am
All the best with your thread, I'm sure you'll get lots of replies.
I don't mean to be negative but I've never understood the use of pips as a measure of trading success. 100 pips at $100/pip or 1000 pips at $10/pip?
In fact, even using $ amount is flawed.
Percentage returns seems the most honest measure.

I've never measured my monthly returns in number of pips but in xR i.e. return on risk, where R is a set percentage of my account.
  • #3
  • Apr 15, 2020 2:25pm Apr 15, 2020 2:25pm
I think that a trader's success is measured not only by the size of profit (although it is also quite important). But also by his desire to study new information and develop in the market. I know many traders who have changed their approach to trading dramatically over the years and managed to achieve huge results. Naturally, you should not spare time and effort for this, but it is also not reasonable, because business in any case will bring money only if you yourself put enough effort into it, and you understand that in order to earn on a permanent basis, you need to navigate the market qualitatively, and learn to grab any opportunity to increase your capital and find yourself in the most advantageous position ...
  • #4
  • Apr 15, 2020 3:50pm Apr 15, 2020 3:50pm
2 Years and 2 months experience.
I get anywhere between 300-800 pips a month. I guess average would be 500ish. I trade 9 pairs. H4+ time frames. Sometimes ill dabble on h1 setup(rare).
  • #5
  • May 7, 2020 2:38pm May 7, 2020 2:38pm
Of course, the success of a trader is determined by his or her income, but only by the one that was obtained through competent market analysis, because I can't yet call a trader who counts on luck.
On the other hand, it is not so important how exactly a trader earns - in passive or more active format. If you have managed to find a way to get into the market, which allows you to get the maximum with a small amount of time - you are a hero, who deserves respect. But in any case, I will give preference to the trader who gets 1-2% of profit for each trading session, but not to the one who managed to get 10-15% but only once.
  • #6
  • May 7, 2020 2:40pm May 7, 2020 2:40pm
I think that none of the really successful traders, who take millions from the market, will openly announce it. Why not? Because there's the usual truth - money loves silence. But I think that if a person has been trading for years, it already says that he has certain leader's inclinations, that is, he can find his way, that is, his strategies, which will help him to adapt, because for you to be truly successful, you need to understand what you do and how you can act in a crisis situation. I think that each of us sees profit in the market at least once or on a permanent basis, and that's very inspiring, but we can't stop at the achieved goals, because the market is constantly changing and we have to stay on the same wave.
  • #7
  • May 7, 2020 2:45pm May 7, 2020 2:45pm
In fact, every trader, when he starts trading, thinks that he will be fine, because trading seems at first glance a simple business, which does not require much time and money. For the most part, new traders are sure that everything will be fine, but in fact, it is worth making some effort. Therefore, in my opinion, a trader's success is determined by his or her desire to develop and find a way out of difficult situations, because here you can afford to just relax and watch your capital from the outside. This is where everything depends on you and your work, so I would recommend you to do it with full awareness that you will get exactly as much as you do.
  • #8
  • Nov 6, 2020 7:17am Nov 6, 2020 7:17am
I also believe, as well as most traders, that the efficiency of work is estimated exactly by the size of profit. Because we all didn't come to the market for emotions or new impressions, we came here to earn money and make our lives more qualitative and interesting. This is really important considering that we often meet some beautiful motivational articles that have no connection with reality.
I think that a trader should look at his work and think about whether he is satisfied with what he sees. And if not, then you can always change something - strategy, capital size, dynamics of work and other parameters. I am sure that there is always a choice. And you can always act the way you want to.
  • #9
  • Nov 6, 2020 11:06am Nov 6, 2020 11:06am
success is = survival in the market
money or points say nothing
do your trade every day
you don't need more
  • #10
  • Nov 6, 2020 11:25am Nov 6, 2020 11:25am
the number of pips does not really matter.
for example, if one made 10 pips with 1 unit, another made 10 pips with 0.1 unit times 10 times.
how to compare the number of pips made? one has 10 pips, the other 100 pips.
for me, what matters is consistency in targeting 20% equity increase every month.
ITB - Seeing Orderliness amongst 'Randomness'
  • #11
  • Nov 6, 2020 12:06pm Nov 6, 2020 12:06pm
Quoting Yolarkahen
I also believe, as well as most traders, that the efficiency of work is estimated exactly by the size of profit. Because we all didn't come to the market for emotions or new impressions, we came here to earn money and make our lives more qualitative and interesting. This is really important considering that we often meet some beautiful motivational articles that have no connection with reality. I think that a trader should look at his work and think about whether he is satisfied with what he sees. And if not, then you can always change something...

yeah let's not act like religious authorities...
" if you want to be succesful, do this.. only this works BLA BLA" .
sure.. I'm stupid and you invented the wheel.
  • #12
  • Edited Nov 7, 2020 2:22am Nov 6, 2020 12:18pm | Edited Nov 7, 2020 2:22am
My advice: keep humble, the market exists because we do different things.
  • #13
  • Nov 6, 2020 1:59pm Nov 6, 2020 1:59pm
Quoting AdamEgWhite
Hi everybody! Very easy, each of us can say that he earned 1, 2,5,500 dallars, but I propose to evaluate professionalism in the number of points(pips) earned per week / month on average. So let's post here: 1) trading experience in years 2) average number of pips you make per month I hope everyone will be interested in it!
Imo dont look how much pips you can get cause by pips you cannot pay in shop ...look on money this is much better for u trading .
  • #14
  • Nov 7, 2020 6:20am Nov 7, 2020 6:20am
It seems to me that the most correct format of performance evaluation is, of course, statistics. I think that traders should not be lazy and should take special time to evaluate their trading from an objective point of view. Because it is this kind of evaluation that will help to find the strong and weak points, to decide on some things that can be used in the work. Because the trader is, first of all, the person who is constantly in search... And the search can be done inside the business, inside your personal work. And it really works. So if you still don't do it, you have to start, at least for a month. In addition, it serves as a certain motivation and discipline...
  • #15
  • Nov 7, 2020 7:33am Nov 7, 2020 7:33am
I can only say buy or sell
if? you really have a clue
unless? buy a ps5 because it doesn't matter whether you win or lose
  • #16
  • Nov 27, 2020 8:10am Nov 27, 2020 8:10am
Quoting kette
I can only say buy or sell if? you really have a clue unless? buy a ps5 because it doesn't matter whether you win or lose
Re-typed 12 times - does not translate. Using "Your" screenshots for your own training - got the first profitable operations today. It hasn't worked out for a long time. I study further. I think I will quickly get out of the cons. Thanks
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  • #17
  • Last Post: Nov 27, 2020 10:05am Nov 27, 2020 10:05am
Your vote is irrelevant to any long term trading success. I can even end in negative pips and still made money.

Try not to wipe out your account after a year or two doing a 100+ trades and you will be already doing better than 70% of all other traders.
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