DislikedHere's a question for the full time traders here.
I'd be happy making £200 a day. At the moment I'm only trading £2 per point as I'm not yet good enough to risk more.
Those traders who make 50-100 pips per day, what would you say is the best method: aim for 100 pips @ £2 or aim for 20 pips at £10 per pip. The point being, it is easier to consistently make 20 pips per day than 100.
Any thoughts?Ignored
For what its worth, pips are not important, forget how many pips you can make, its about account growth. Its a common fallacy on these forums that pips make you rich.
The quicker you forget that, the quicker you'll start to think like a professional trader.
Good luck
Dazzer