Full time trading does it really pay

This is a discussion on Full time trading does it really pay within the General Trading Chat forums, part of the Reception category; Its all about the pips amount....

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Old Jan 21, 2011, 9:20pm   #171
 
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Re: Full time trading does it really pay

Its all about the pips amount.
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Old Jan 21, 2011, 9:23pm   #172
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Re: Full time trading does it really pay

Buddy, this isn't difficult. You said you net make 30% a week, is this not the case?

Please stop talking about pips, it's a little meaningless.
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Old Jan 21, 2011, 9:27pm   #173
 
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Re: Full time trading does it really pay

No, its not the case, i said i make between 30 - 60% a week.
I am talking about pips buddy, its not meaningless, thats the way out profit or losses are measured to be converted into a specific currency....
Why dont you answer, how many pips are you making each week?
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Old Jan 21, 2011, 9:30pm   #174
 
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Re: Full time trading does it really pay

Quote:
Originally Posted by fayalac View Post
No, its not the case, i said i make between 30 - 60% a week.
I am talking about pips buddy, its not meaningless, thats the way out profit or losses are measured to be converted into a specific currency....
Why dont you answer, how many pips are you making each week?
I'm convinced.

How much does the system cost and where do I make payment too?
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Old Jan 21, 2011, 9:38pm   #175
 
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Re: Full time trading does it really pay

Its my own method, i do not buy signals from anyone.
To answer your previous question.

Theoreticall

Account at the beggining = 2,000 usd
Each entrance = 6.00 usd
pips that week = 1,000
Entrances = 30
profit = 600 usd
Profit / Entrance (average) = 20
(Profit / Entrance)/pip value = 33.33
These mean, if at some cases i get a good trend, lets say 350 pips, the rest will win less than 33.33 pips / Entrance, but what matters is the amount of pips i can get.
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Old Jan 21, 2011, 10:03pm   #176
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Re: Full time trading does it really pay

Quote:
Originally Posted by fayalac View Post
No, its not the case, i said i make between 30 - 60% a week.
I am talking about pips buddy, its not meaningless, thats the way out profit or losses are measured to be converted into a specific currency....
Why dont you answer, how many pips are you making each week?
Hmm, so I trade oil, natural gas, soybeans, gold, copper, EUR/USD.. how do I calculate my profit, simply add up all the pips?
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Old Jan 21, 2011, 10:06pm   #177
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Re: Full time trading does it really pay

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Originally Posted by fayalac View Post
i make from 30 to 60% each week, and i risk only 0.3% per trade,
So if you make 30% a week, from 30 trades, and risk 0.3% per trade, with 100% success rate, then you are making 3.33 times your stake with every trade (30%/30 / 0.3%).

But you deny this.

Which means you've made a mistake somewhere.. where is it?
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Old Jan 21, 2011, 10:10pm   #178
 
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Re: Full time trading does it really pay

I do not trade oil, natural gas, soybeans, gold or copper, i only trade forex
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Old Jan 21, 2011, 10:21pm   #179
 
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Re: Full time trading does it really pay

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Originally Posted by meanreversion View Post
So if you make 30% a week, from 30 trades, and risk 0.3% per trade, with 100% success rate, then you are making 3.33 times your stake with every trade (30%/30 / 0.3%).

But you deny this.

Which means you've made a mistake somewhere.. where is it?
Well...., you seem to be very wise, why dont you tell us?
As long as i understand i have not denied anything, i have said what i make and your appreciation mistakes...., but it is you who can not say how many pips you win each week, i wonder why?
If you can not understand what an average means and you do not understand, either, that what we win is called pips i do not understand either what are you doing here....., or how you got your badge...., a legendary member is supposed to be someone with enough knowledge as to teach something to the rest of us and, respectfully, i dont see what you could teach to other members of these site.
The markets are for people who want to win something, to learn the markets you have to have your mind open and to be nihilist does not help at all.
You can get a job instead trying to live from the markets....

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Old Jan 21, 2011, 10:28pm   #180
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Re: Full time trading does it really pay

Er, I was merely trying to understand your parameters, but clearly this makes me a bad person.

Got it.
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