10 pips daily isn't enough?

no stress....

april 2007 -- mei 2008


januari---mei 2008



yess... u will asking about modeling% bla..bla...bla....etc
still underdevelopmnt
and i think 10pips is enough couse forex is not my first job... ...... and myfriends call me.... 10pipsman ... hehehee wishmeluck...

i think 10pips is enough couse forex is not my first job..

Well, if forex is not your first job, you can think whatever you want.

Just focus on making more than losing. I know 10 pips doesn't seem like a lot to ask, but sometimes it is.

Hey, I saw a SL of 500 and a TP of 10. Sounds a lot like StevieT's thread to me.

F*** me and call me Coco, for me trading with that leverage is just madness.
Still if this suits you I can only wish you best of luck. It's gonna be a great lesson either way your account balance goes.

Airmos

i would think, with all the posting about this i do, that some would begin to understand.

ARE YOU GOING TO OPEN A REAL ACCOUNT WITH $10k DOLLARS ?

if you arent, and i bet you arent, youre lying to yourself BADLY.

your trades are being cushioned by the 10K equity, which WOULD NOT HAPPEN if you had a $1000 account or less.

you could not even TRY what youre doing with a small account, so its of NO VALUE TO ANYONE if you continue

what youre doing is what brokers LOVE --- give a dummy a large demo and let him open a small one, and then have an office pool as to how long it takes to lose everything.

IF YOU WANT HONESTY, open another demo with the correct amount (you can backspace over the amount when you first download the demo and enter the REAL amount youll be trading with.

DONT DO IT and when you start trading for real youll hit that 95% wash out rate faster than a super sonic snipers bullet !

enjoy and trade well

mp

Well 10 pips a day is gr8 !!
That will be $100 per day if ur trading one lot a day.

Even more if ur investment is more.

But keep in mind the possible whipsaws.

Good luck, dont waste your time with something modelling <90%.
It is extremely miss lead you. get the data correct first, then test your idea.. good luck.

Hi I'm looking for a system what can give me 10 pips day per day
do U know from somthing en easy & not comlicated 1 ?

My first post, so hi everyone.

I have also just started trading live with an aim of 10 pips per day. I am using IG Index Spreadbet as the broker. I may move elsewhere later on as I know they can be rip off merchants at times.

I think 10 pips per day is fine, depending on what you are aiming for. Ultimately, it is down to the stake and the risk you are taking. I am currently risking 5% per trade, so with the pips and risk in mind it means that I can start with a smaller account (minimum stake on IG for FX is 0.5 per pip).

Obviously to AVERAGE 10 pips per day you need to be looking at your good trades hauling in 20pips + to make up for the losing trades.

I have done my first round of testing, and this small account size is my second phase.

If you've got PATIENCE in abundance seriously here, waiting 5hours watching then jumping in when momentum is high part of the way through a reasonible move on M1. I reckon I could get 10pips once per day 99% of the time seriously. Without risking more than 30pips I'll add. which is FINE and normally you won't go negative!!!

Trade EurJpy, M1 chart, set all your candles to BLACK ie not visible, use a 2EMA for your smoothed easy to read price, then look to trade 10sma cross overs, watch it for a couple of weeks learning when the best time to trade is and what to look for for max chance of success.

Then Repeat once per day, every day.

It's when you get greedy and start flipping 10trades per day+++ then get tired and confused and start trading like a idiot when the losses occur.


Start at $1 per Pip not $10 Then increase slowly as the account increases, and decrease so at <$3000 your back to $1!!

EASY

Don't trade over news time, USA Opening time, and definately not 12:30GMT Asia open times.

If you seriously beleive the above Bold (and it isnt just some dream talk)then that Is all you need. Rinse and repeat over and over for as-long as It works compounding all the way.

Give me a 99% sure 1pip a day and Id be a very happy bunny.

EDIT: PS. What the hell are we doing online at this time on a Sat?! lol

Yes SERIOUSLY , I got 23profits in a row doing pretty much that but not quite as good a system ( recently tweaked ) , without being too uber picky ranging from +8 to +35 pips area.

I'm after +200pips per week, with @12hours so 3hours for 4 days per week spent on the screen, thats my plan no point over doing it. Doing above + abit more system wise.

Find out soon

EDIT: PS. What the hell are we doing online at this time on a Sat?! lol

I'm a night owl, fed the cats feed the rats then sleep, nearly there.

Rarely see my before 12, even in the week