Average Pips move profit per day in FX Markets

Quote from leverage:

How about 80-90 pips a month?
More...

Leverage,

Trading EUR/USD with leverage of 100:1, a mothly average 85 pips would be around 70% gain per month.

Congratulations! :)

Q
Do you believe in 50% a month returns thru mech. system?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=39807&perpage=6&pagenumber=2

Quote from dougcs:

Is it, can 50% be achieved in a month or is it can that rate be sustained for long periods?

Let's see: start with 50K

trade for 5 years and make 50% per month

at the end:

1.8 quadrillion dollars, yea I guess it can be done. I may need to to afford health insurance, forget about the jets and yachts.

DS
More...

UQ
 
Why is that trading EUR/USD more difficult to gain profits/pips?

There is no doubt that I find EUR/USD inordinately difficult, and sadly, as you will be able to see from my September report, I'm still doing very poorly with this little experiment of mine.

The thing that drives me on this is that being the most widely traded and competitive of pairs, I just think it would be advantageous to crack it. However, if it wasn't for the fact that I've got very little in the way of funds at risk, I would have ditched it long ago.

There is also no doubt in my mind that the non-USD and probably the non-EUR pairs are the easiest to trade. Since no-one gives out medals for doing it tough; I'm happy to stay away from the main battlefield.

UQ
 
Quote from OddTrader:

Why is that trading EUR/USD more difficult to gain profits/pips?

Q
http://www2.oanda.com/cgi-bin/msgboard/ultimatebb.cgi?ubb=get_topic;f=15;t=003791;p=1#000013

There is no doubt that I find EUR/USD inordinately difficult, and sadly, as you will be able to see from my September report, I'm still doing very poorly with this little experiment of mine.

The thing that drives me on this is that being the most widely traded and competitive of pairs, I just think it would be advantageous to crack it. However, if it wasn't for the fact that I've got very little in the way of funds at risk, I would have ditched it long ago.

There is also no doubt in my mind that the non-USD and probably the non-EUR pairs are the easiest to trade. Since no-one gives out medals for doing it tough; I'm happy to stay away from the main battlefield.

UQ
More...


"Not so easy."
http://www.elitetrader.com/vb/showthread.php?threadid=57334
 
Quote from OddTrader:

Here is a very interesting "offer":

A MILLION DOLLAR PRIZE
http://www2.oanda.com/cgi-bin/msgboard/ultimatebb.cgi?ubb=get_topic;f=16;t=003827;p=1#000000

Q
There is simply NO CHANCE to produce consistent trading profits in excess of, say 10-15 pips of eurusd a day, no matter how clever you are.

If anybody claims the contrary, I am ready to take up the challenge.

If anyone is willing to enter a 100:1 contest, I promise to pay 1.000.000 USD in one year's time, to anyone, who is able to deliver consistently, for a full calendar year, trading signals on eurusd, which would have the following characteristics:

- the signals have to be defined precisely (stop or limit orders), and in time to get implemented ( at least 1 minute ahead of execution)

- the MM of choice will be Oanda - their spread is certainly not a hindrance, and their stop and limit execution is not worse than that of UBS, thus their fills will be the proof of the performance

- the maximum nominal stop will not be higher than 30 pips

- there have to be at least 4 trades each week

- there has to be no losing month

- the average weekly profit has to be not less than 100 pips (taking into account Oanda's execution)

If all these conditions are met I WILL PAY 1.000.000 USD to the signal provider at the end of the year. However, if the signals should result in a loss at the end of the year, the signal provider will pay me 10.000 USD as compensation for the waste of time and money.

If the result should be positive, but less than defined above, I will pay a compensation on a discressionary basis.
UQ
:confused:
More...

Quote: Jessie Livermoore

There is the fool who says / does the wrong thing all the time. There is the Wall Street fool who think (s)he has to trade all the time.

And another one

The length of your trading bar (timeframe you trade) is in direct relation to the experience you have.


:cool:
 
Q

Funny... I'm just trying to figure out why you would try to make those kind of daily gains all on one currency pair. :confused:

Vizion

UQ
 
You must log in or register to reply here.
Back
Top