Do anybody have a system that can make 40- 100 pips daily

[castillo2264]

Hey what up I am wondering if anybody have a system that is making 45 to 100 pips by using RSI, MACD, CCI or slow STO?

Originally Posted by castillo2264

Hey what up I am wondering if anybody have a system that is making 45 to 100 pips by using RSI, MACD, CCI or slow STO?

If you search the forums you'll find the thread titled 40-100 pips a day.

If you're looking for a system that specifically uses the indicators you've mentioned, then you're severely limiting yourself. I'm not saying that it's not possible to do with those indicators, I'm just saying that you should be looking for a system that gives you the return that you want and learn to use the indicators for that system instead of looking for a system that uses specific indicators.

Otherwise, it's like putting the cart before the horse.

Instead of saying "I want to use these indicators. Now, how can I make 40-100 pips a day?", you should be saying "I want to make 40-100 pips a day. What indicators do I need to use?".

[castillo2264]

Originally Posted by In2Blues

If you search the forums you'll find the thread titled 40-100 pips a day.

If you're looking for a system that specifically uses the indicators you've mentioned, then you're severely limiting yourself. I'm not saying that it's not possible to do with those indicators, I'm just saying that you should be looking for a system that gives you the return that you want and learn to use the indicators for that system instead of looking for a system that uses specific indicators.

Otherwise, it's like putting the cart before the horse.

Instead of saying "I want to use these indicators. Now, how can I make 40-100 pips a day?", you should be saying "I want to make 40-100 pips a day. What indicators do I need to use?".

so u saying stick with one indicator and master it. like example I know the macd and the slow sto.

[castillo2264]

Originally Posted by moudir

No one has this system otherwise everyone will use this system i have a money manager that he is makin me 40 % profit that is enough for me

so how do I get a money manager and how much do I need to get started.

[castillo2264]

Originally Posted by castillo2264

so u saying stick with one indicator and master it. like example I know the macd and the slow sto.

what are you trying to said ?

[theYardie]

Originally Posted by castillo2264

so u saying stick with one indicator and master it. like example I know the macd and the slow sto.

Castillio buddy, you're making me laugh. I don't think In2Blues is suggesting that you pick a series of indicators or even pick one indicator and master it. I believe his/her point is that you find a system that gives you the amount of pips you are happy with. Chances are once you find such a system, it will have some indicators. You'll then have to master the system, not the indicators it comes with. Still, mastering the system may require you to learn enough about some or all it's indicators. The point is, don't get caught up on chasing indicators. First try to find a system that will help you achieve your goals. The indicators will fall into place.

Good luck.

Thanks, Yardie, that's exactly what I was saying.

[Jimmy]

This thread is funny.

[vizfact]

It is kinda funny, lol.

People should be helping people, trading is easy when the focus is right though.

There's a difference between helping someone and handing them everything on a platter.

Which is better: to help someone by pointing them in the right direction so that they can do their own research and figure out what is best for them, or to simply give them something (a system, for example) and then have them lose all their money because they don't know what they're doing?

People come into this forum (and others) asking questions and requesting systems without even so much as a glance at the posts that are already here. They don't do any research (that's what the Search feature is for) and then wonder why they've lost their money.

I've lost count of how many posts I've read from people who said something like "I read about Forex and it looked interesting. So, I opened a live account and made some trades. I didn't know what I was doing and lost $2,000. What do I do now?"

That's someone who didn't do their research, didn't read posts, didn't learn how the Forex market works... In other words, they didn't learn how to trade. They simply read something (or were given a link to a "system") and started trading their money.

If you were investing in diamonds, would you buy the ones that looked pretty, or do some research to find out which ones were the most valuable?

If you were buying a business, would you buy it because it had a colorful sign out front, or do some research to make sure that it was profitable before investing your hard earned money?

The same principles apply to Forex trading.

By not simply handing someone a "system" or answering the same question for the 500th time but, instead, suggesting that they read this thread or that post or search for the information, this person LEARNS about Forex. They will have a better chance of keeping their money -- and making more -- than they would if someone just gave them what they asked for.

I will not be party to "helping" someone throw their money away when they don't know what they're doing. So, for the most part, I will direct them to where they can find the answers they seek -- and much more -- rather than simply handing everything to them with no research or effort on their part. It's for their own long-term benefit.