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How many pips does a pro rake in per week on average?

This is a discussion on How many pips does a pro rake in per week on average? within the First Steps forums, part of the Start Here category; I'm just curious to see what you guys have to say about this, and if their are any pro's here ...

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Old Jun 24, 2009, 8:06pm   #1
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How many pips does a pro rake in per week on average?
I'm just curious to see what you guys have to say about this, and if their are any pro's here I would be happy to hear your responses to my question.

thank you
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Old Jun 24, 2009, 8:07pm   #2
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Pro what?

Pro scalper/pro position trader/pro swing/pro spread? etc.
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Old Jun 24, 2009, 8:09pm   #3
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teh pk sh0w started this thread just all types of traders in general. Perferably swing traders though.
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Old Jun 24, 2009, 8:22pm   #4
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are they having a good week or bad week?
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Old Jun 24, 2009, 8:36pm   #5
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I personally dont shoot for anything that doesnt have at least the potential to net 200(1 contract/true pips) pips per trade, i usually get at least 1 'good' trade per week and on average make about 250pips/week. with a R:R of about 1:3.

this week i only closed out one position in the aud/usd, that netted me 207 pips and I still have a couple of open positions from last week which will be closed when i see fit.

my biggest trade was in the cable, just over 1100 pips over a 2 month duration.

it really depends on what the market wants to give, compared to how accurately i can read it and keep my emotions in check.

there are losers as well........
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Last edited by jiggly; Jun 24, 2009 at 8:42pm.
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Old Jun 24, 2009, 8:40pm   #6
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Quote:
Originally Posted by Genics View Post
are they having a good week or bad week?
hes asking for the average....
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What's the point in making money, if you are going to lose it.

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Old Jun 24, 2009, 9:16pm   #7
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who cares? someone might take 250 pips at 1 contract, someone else might take 20pips with 100 contracts..who gives a toss how many "pips" you made
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Old Jun 24, 2009, 9:16pm   #8
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teh pk sh0w started this thread thanks for your post Jiggly, and do you leverage your trades and if so, by how much? 1:10, 1:50 ect?

Or is that what you ment by R:R 1:3?

I'm a noob when it comes to trading terms.
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