I would love to learn a system that could safely get me 900 to 1000 pips per month.
Would anyone who has such a system please share that system with the forum.
I would really appreciate it - I recently lost my job and I need to find a new source of income.
Thanks in advance for any help offered.
Trading with pressure on you in order to get an income especially in your situation, usually goes the bad route.
my method is nothing fancy. Just ATR stops and going with the trend. I don't day trade due to time constraints so I'm more of a swing trader so value per pip can't be higher if i would be day trading. Once I finish college I'll make a decision to either find a job or experiment for a few months the day trading business.
As for the method is pretty simple. Going with the trend. I also use EW theory but just in order to identify the choppiness periods and know when they are over.
I wouldn't advise for you to go day trading. First find a job. Then gradually try to save part of your income to an account and start to trade bigger timeframes. Dailies are pretty good in my opinion. You won't win as much money due to pip value but the priority is having the execution right, and the dailies are more forgivin