1,006 Pips on a trade?

I was reading a blog and this guy says he made 1,006 pips on one trade. How is that possible? Click here for the post.

I doubt it...any thoughts?

i guess this is how he do it (c below)..

Then I stacked my other short position orders per the trade outline:

 

1. 1 mini lot @ 5952 (+146 pips)
2. 1 @ 5900 (+94 pips)
3. 2 @ 5875 (+69 pips x 2 lots = +138 pips)
4. 2 @ 5850 (+44 pips x 2 lots = +88 pips)
5. 2 @ 5840 (+34 pips x 2 lots = +68 pips)
6. 4 @ 5830 (+24 pips x 4 = +96 pips)
7. 4 @ 5820 (+14 pips x 4 = +56 pips)
8. Final target (limit orders entered on all positions to take profit): 5806

It can be done with one lot and one position with no adding on. It can certainly be done the way it was done on your link--adding on to a trade and adding up the pips of each piece.

He did say on one trade but it was a series of scaled in short trades by the looks of it. And he states the stop loss is a margin call, so if you want to trade that system, you have to place risk funds in a separate account to run the trades without a stoploss?

Hmm.

Haha. No thanks. Although I understand the technical aspect used is scaling into the price action when price moves back to the pivot, or around the pivots. Expecting the "bias" move back to the pivot and riding it down, or up. I personally don't trade this way, just because it's not my style. I use a couple ema's to determine trend, price action, and support and resistance. I would use Pivots for confluence of PA though, as a Tool. So technically you can trade that way but the method of not using a stop loss is just a recipe for disaster.

To answer your question though, yes a 1000 points can be yielded from one single trade. Anything can happen. You can place a trade that has the potential to reach 3000 points, but you may never realize that, because you would have to manage the trade for at least a month, I would say several months on slower moving pairs, to yield that many points from one trade.

Swing Trading or managing trades for 2-3 days can yield you a couple hundred points. But if you turn a solid swing position on a Daily into a longer position and ride it out by moving your stop loss up through the levels of support and resistance that are created on a Daily, and Weekly, you can make a lot of points and you can better scale in if needed.

But you have to trade a certain way to place order's like that in the market. If your a scalper, your not trading that way.

can be done all right, just need the market to move that amount while you have your open position.

this is not 1006 pip. Price move from is first entry to is exit is 146pip that's all

when i do a 100pip move i could says that a made a 1000pip too, One full lot divide in ten mini lot make 10mini lot X 100pip= 1000pips wow isn't great....

Yeah, but you didn't direct us to an offsite post that eventually led us to a commercial site so.... what's the use?

Shorting the GBP/JPY on Aug. 7 and holding 'til now would have been an honest 1000+ pip trade. And without turning back much.

Just trade USD/ZAR and you'll have a average Daily Range of 900 Pips. Shouldn't be hard to get 1000 Pips.


@noobs

Don't think trading USD/ZAR will make you rich. Like every low liquidity pair spread is high (~100 Pips) and Pipvalue is low.