{quote} Yeah but he took just one trade. So per trade there is 12 pips. If I take one 100 lot size trade, I earn still 12 pips, not 1200 pips. Just more money, not more pips.
On the basis of $0.10 per pip, with a trade size of "10" (10 micro-lots, or one mini-lot), the twelve pips from EP to TP equates to ten micro-lot components all entered and exited at once, for 120 pips gained. It was a good, quick trade, counter-M15 trend trade, maybe PVSRA based as depicted on the attached M1 chart!
For all we know, Sonic might have traded 10 mini-lots, or one full lot. In which case, he had the right to claim 1,200 pips. We'll never know and we don't need to know. The trade style is valid and that is all that matters. No one is pushing Sonicers to start trading larger sizes again, and get themselves off track and back into trouble!
It is also an example of trading (maybe larger size? Not confirmed.) for smaller runs, what baokydev talked about this weekend. He stated he has made 9000 pips this month! (http://www.forexfactory.com/showthre...59#post6916159)
Trading for smaller runs will entice the trader to increase the size of the trade. This is an area of concern and requires caution. However, Islander is successfully doing this, and Sonic and baokydev might be,.....reason to be on the lookout for their posts if you are interested.
In any case, Sonicers, don't allow anyone to belittle the value of trading micro-lots ($0.10 per pip) to build up your account. From small acorns to huge oak trees grow, slowly but very strongly. The MMs would just love it for you to change to trading large size, and end up losing!
first month ( demo account ) in last year after blowing up few demo accounts.
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