Hi
I would like to know If anyone doing daytrading scussesfully?
If yes, how many pips/day and lots size (based on a/c size)
I tried succesfully for 2 weeks. But my pips and profit margin is very relastic.
i.e. only 0.0033333333333333 * a/c size per day.
So if you have 10000$ a/c your objective should be only 33$ and based on your style you can
calculate your pips value and stop loss.
Anyone doing more profit/day succesfully based on the a/c size?
I beleive you should use less leverage and 1-2% max of a/c size as stop loss.
I used for a month succesfully, Don’t ask trading style as everyone has different, I use pivots,slow stoics and trend(try everything but use what works for you), for me Price/Action and trend is easy to get 10 pips a day to make above logic works.
so for example if you have 10000 a/c then 3$/per pips is Ok to get you 33 (target) i.e. 10 pips on any
pair you like so many paires to get 10 pips for a day.
Looking for views…
Thanks
coolkaps