pips

eagle0822

Newbie
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Hi people, how many pips can one realistically achieve daily. I am new to this. Have been paper trading for a couple of weeks now.
 
A couple of weeks? Right, almost legendary then.

If you can keep it down to say -10 to -30 a day until you've got the idea that would really help. Of course, you'll need to keep your absolute risk REALLY small.

Providing you can maintain say 50-75% of your starting capital, you'll have realised it isn't the number of pips that makes the difference. It's how much you profit versus how much you lose. If you end up keeping the former larger in absolute terms than the latter, you'll make progress.

Pips mean nothing. Profit is what counts. A guaranteed 5 pip per day profit is worth more than a 1% chance of 499 pips.
 
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