View Single Post
  #1 (permalink)  
Old 07-15-2008, 02:07 AM
mtandk0614 mtandk0614 is offline
Senior Member
 

Join Date: Mar 2008
Location: Montana
Posts: 122
Send a message via Skype™ to mtandk0614
Default 5 Pips per Day ?!?

Hello Fellow Traders,
I was posed with a questions today that I am having a hard time to answer. Looking for some opinions.

If a person wanted to sit down at their PC at the London Open and trade EUR/USD. Make a +5 pips for the day and just walk away.

This was the "catch" to the question. Looking to do this on a daily basis (when the market is open of course).

-My answer was "Easy..don't chase little runs."
-The reply........"Honestly, Could it be done."

Now, I know it could be done, the market moves a little more than 5 pip per day LOL.

I guess I am asking what suggestions anyone would give to a person who wants to sit down, make 1 or 2 trades, end w/ +5 and be done.

Thanks for the opinions
Reply With Quote