Lets say I buy XYZ at 132.10 without any leverage...
XYZ goes up a little ways to 132.20, can I add a leverage to this position, like 10:1 or something?
Or can you only add leverage before the purchase?
If you invest $1,000 of USD/EUR at 1.4510 (for example) and it increases by 100 pips, what would your ROI be?
Please show me how you came up with your answers please:)
how is it meaningless arabianights when it comes to getting pips, that determines how much money you will earn, and everyone does it for the money, am I not correct?
All I want to know is, on 'average' how many pips do proffesional traders bring home every week consitently?
You don't have to tell me your personal average, just the average of lets say the top 1% of traders in this industry?
A good answer would be something like...
150 pips per week or...
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.
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:)