How Many Pips do you aim for per week?(& Poll Vote) | Forex Factory

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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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  • #1
  • First Post: Edited 6:50am Jan 22, 2009 4:47am | Edited 6:50am
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
  • #2
  • Jan 22, 2009 4:51am Jan 22, 2009 4:51am
I aim for >10% ROI and DD<3%.
Attached File(s)
File Type: pdf WEEK04.pdf   103 KB | 899 downloads
  • #3
  • Jan 22, 2009 6:46am Jan 22, 2009 6:46am
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...
  • #4
  • Jan 22, 2009 7:14am Jan 22, 2009 7:14am
mine is 500 pips a week
  • #5
  • Jan 22, 2009 7:32am Jan 22, 2009 7:32am
Whatever the market wants to give...
  • #6
  • Jan 22, 2009 7:39am Jan 22, 2009 7:39am
I agree with rabid


Best regards
  • #7
  • Jan 22, 2009 8:07am Jan 22, 2009 8:07am
Maybe I should have added more figures down at the bigger end instead of just 801+
Probability Professor
  • #8
  • Jan 22, 2009 8:31am Jan 22, 2009 8:31am
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 .
  • #9
  • Jan 22, 2009 12:08pm Jan 22, 2009 12:08pm
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"
  • #10
  • Jan 22, 2009 12:22pm Jan 22, 2009 12:22pm
I aim for 10 Pips a month. I trade 50 mil per trade.....
That's a nice 50k income per month.
  • #11
  • Jan 22, 2009 12:39pm Jan 22, 2009 12:39pm
got to agree with the last two, only roi is important

max
Gravity goes both ways in forex...
  • #12
  • Jan 22, 2009 12:50pm Jan 22, 2009 12:50pm
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.
  • #13
  • Jan 22, 2009 2:16pm Jan 22, 2009 2:16pm
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.
  • #14
  • Jan 22, 2009 5:46pm Jan 22, 2009 5:46pm
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....
  • #15
  • Jan 22, 2009 6:19pm Jan 22, 2009 6:19pm
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
  • #16
  • Jan 22, 2009 7:40pm Jan 22, 2009 7:40pm
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.
  • #17
  • Jan 22, 2009 7:44pm Jan 22, 2009 7:44pm
IMO, the 801+ represents infinate...........
Living the adventure in my head.
  • #18
  • Feb 3, 2009 6:46pm Feb 3, 2009 6:46pm
Quoting CoolTrader77
mine is 500 pips a week
Hi, which is your strategy for do 500 pips a week? thanks.
  • #19
  • Feb 3, 2009 7:24pm Feb 3, 2009 7:24pm
Extreme Scalping = 500 pips a week (7-10% ROI)
Intraday = 100-200 pips a week (2-5% ROI)
  • #20
  • May 13, 2009 2:58pm May 13, 2009 2:58pm
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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