How many pips/week is "Killing it" in FX?

How many pips of profit PER WEEK would you consider to be "killing it"?

  • Anything over breakeven.

    Votes: 22 15.3%

  • 50

    Votes: 16 11.1%

  • 100

    Votes: 21 14.6%

  • 150

    Votes: 5 3.5%

  • 200

    Votes: 19 13.2%

  • 300

    Votes: 6 4.2%

  • 400

    Votes: 5 3.5%

  • 500 pips +

    Votes: 50 34.7%
  • Total voters
    144
Quote from uninvited_guest:

topgunsoftware.....Can you back up your claims?

Instead of posting graphs and paragraphs how about a live trading journal? Details Here
More...

For short-term signals, mcuh better try a free service which does not allow 60-minite editing.

http://www.timertrac.com/Public/voluntary.asp

Q
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Quote from uninvited_guest:

topgunsoftware.....Can you back up your claims?

Instead of posting graphs and paragraphs how about a live trading journal? Details Here
More...

I personally trade the S&P and Russell and have in the past not only posted a trading journal but also VIDEO taped my trading live. The videos are on our website as proof. I believe I am the only person ever on this board to do that. The currencies are often the most volatile during times I'm typically sleeping. I know guys who trade them and wake up frequently to take a look and place trades. Sorry, even though it is tempting to do this to prove it, I don't feel I need to. The software speaks for itself and anybody can verify my claims for free with a trial. I'm not going to lose sleep staying up 24 hours a day to catch all trades. Go ahead and prove me wrong using it and then publicly bash us. I challenge anybody to do this. I may consider doing this at the end of January when our Stocks and Commodities ad hits and I'm finished writing a free trading course (only about 30% done now). We do have plans to automate some of our strategies and when we get around to that will definitely post.
 
Quote from pipscooper:

How many net pips of profit per week would you consider to be "killing it"?
More...

Does your question refer to an FX trader killing the market, or to a bucketshop FX brokerage killing the trader? Seems that the latter sort of killing occurs far more frequently.

I also think that "killing" is not the best word to use. It seems to me that a bucketshop FX its customers, rather than kills them.

Vampires were said, in some of the legends, occasionally to keep some victims alive and enslaved, as an ongoing source of blood on which to feed. I think that this model would be followed by the more forward-thinking bucketshops, in much the same way that the deadliest contagious diseases are not the most successful, because they destroy host species so thoroughly that they have nothing left to infect. Vampires also had a supernatural ability to control the minds of their victims, and to seduce them into their victimization, and this power reminds me of the power of bucketshops to feed on their own willing victims.
 
Quote from pipscooper:

How many net pips of profit per week would you consider to be "killing it"?
More...
As would be expected, the greedy and the frightened are hand in hand.
jmho
 
Quote from topgunsoftware:

Happened to still have Euro chart up and saw signal now so will take trade.

Short EURUSD 1.1854 Stop 1.1864 and Target 1.1844
More...

Out, 10 pips profit in less than 10 mins.
 
Euro consolidating under pivot and just got a trend reversal signal which are about 65% accurate.

Short EURUSD 1.1852 Stop 1.1862 Target 1.1842

Because resistance is above us will take trade
 
For me everyone making 50 pips/week on a consistent basis is making a killing - because he/she can easily make more than he/she can spend.
I know that there are people out there making a lot more, but it's not needed .... All I am trying is to get my money as stress-free as possible ;-).

Happy Trading,

fritz_haber
 
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