How many ticks/pips do professionals make per week?

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View Poll Results: How many ticks
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50 1 50.00%
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100 or more 1 50.00%
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Old Jul 17, 2017, 6:40pm   #1
Joined Apr 2017
How many ticks/pips do professionals make per week?

Traders trading forex , s and p , Dax , Dow jones or ftse

How much do consistently profitable traders aim?.I heard on the grapevine 25 ticks was average @ 5 to 10 lots.

I found systems/methods to make 100 a week on Dow/Dax , but still working on finalizing them.

S and P I just multiply *10 2460.6 = last three digits.

The full digits on dow /dax 12736 etc

pips on forex

Last edited by foroom lluzers; Jul 17, 2017 at 6:53pm. Reason: s and p correction per lee
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Old Jul 17, 2017, 6:46pm   #2
 
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Originally Posted by foroom lluzers View Post
Traders trading forex , s and p , Dax , Dow jones or ftse

How much do consistently profitable traders aim?.I heard on the grapevine 25 ticks was average @ 5 to 10 lots.

I found systems/methods to make 100 a week on Dow/Dax , but still working on finalizing them.
Hi Foroom,

Good poll but is flawed. Sorry to be the bearer of bad news. It would need to be weighted according to market size, not contract value.

For example, trading on the S&P will yield less points than if trading on the Dow. I've highlighted this years back in my trading diary. Points are good of course but it really depends on market weight.

Regards,
Lee
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Old Jul 17, 2017, 6:53pm   #3
Joined Apr 2017
foroom lluzers started this thread
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Originally Posted by Lee Shepherd View Post
Hi Foroom,

Good poll but is flawed. Sorry to be the bearer of bad news. It would need to be weighted according to market size, not contract value.

For example, trading on the S&P will yield less points than if trading on the Dow. I've highlighted this years back in my trading diary. Points are good of course but it really depends on market weight.

Regards,
Lee
I understand that , but with S and P I just multiply *10 2460.6 = last three digits.

The full digits on dow /dax 12736 etc

pips on forex
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Old Jul 17, 2017, 7:40pm   #4
 
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Originally Posted by foroom lluzers View Post
I understand that , but with S and P I just multiply *10 2460.6 = last three digits.

The full digits on dow /dax 12736 etc

pips on forex
Ah good call. I getcha. Then people should state what they trade for how many points etc. Then a bit of reverse engineering gives an indication of relevant points for market size. On the whole though, a pretty tough one as will range greatly from trader to trader. For example size of contract. A trader may only make one huge trade for a few points whereby another trader may take several positions to get their money.
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Old Jul 17, 2017, 9:01pm   #5
Joined Oct 2009
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Originally Posted by foroom lluzers View Post
Traders trading forex , s and p , Dax , Dow jones or ftse

How much do consistently profitable traders aim?.I heard on the grapevine 25 ticks was average @ 5 to 10 lots.

I found systems/methods to make 100 a week on Dow/Dax , but still working on finalizing them.

S and P I just multiply *10 2460.6 = last three digits.

The full digits on dow /dax 12736 etc

pips on forex


Really depends what you are gunning for.

If liquidity is not a problem, then size its whats important to me (personally). Would rather gun for 10/20 pts a day on a 10 lot, than sitting in trades for days/weeks on a 2 lot.

If we reverse engineer the cost of the trade, we can then make sure we only take trades that fit within these parameters.

As usual, there is no one way, just lots of ways.
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