"Wisely and Slow: They stumble who run fast"
My Fix Plan: SL 20 pips & TP 5 pips 4 replies
Percentage vs. Pips per Trade vs. Pips per Day/Hour! 7 replies
Flappy Pips - How to keep your hard earn PIPS 7 replies
I lose 40 pips and win 6 to 10 pips... 17 replies
spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies
Quoting PipSteveDislikedI second that. This small thread has been very interesting.
I don't know about you guys, but I have NEVER any money to lose. Before I do that, I prefer to give it to a charity of my choice.
I am still not trading life, and I will NOT, until I understand how to read a chart properly, why the indicators indicate the things they do, and until money management has sunk in. Even so I am using a few EAs that make profits everyday (demo only), but I have to understand them first before I can trust them.
I am still very confused about leverage and the $ amount a pip it represents. I just keep on reading the money management that is here on FF.
Again, thank you everybody for giving the beginners here a real chance to make it.Ignored
http://www.cs.mcgill.ca/~bmaniy/imag..._evolution.jpg
DislikedHi
System = Method + Money Management + Trader...tx daillist and all others for the adviseIgnored
QuoteDislikedStill, I’m curious without taking lots size etc inconsideration, what is a good average of pips per trade per curency?
DislikedLook for opportunity not just 10p a day.Its is better to wait till a trade sets up for a high probability trade,even if you only get a trade or two a week. Trading with a catalyst, ie looking for trades with increased activity. This is how I like to trade , to trade we want movement .
I would like to team up with another person to help me trade when I am asleep (the US session) I can handle it in the other periods. It can be a tag team and I do have a strategy. ThanksIgnored