ok, thanks
so…
Entry = 1.24789
Buy Trade
Take profit = 1.25676
887
that’s 887 points
i thought so
it’s 88.7 pips… so let’s say 88 pips
now at $3 per pip you would have made approx. $264
that’s about right… yeah ?
Like i said
you would have been the first newbie ever to have done this 
its a big win though for me considering that i used 1:1 levarage. Its quite motivating but now i have a new mission to hit 887 pips:wink:
No No… of course it is
and i’m not taking away the glory… not by any means
it just struck me as strange that you would have hit 797 pips
which, we have discovered 2 things
now that’s great though… good on you
but as for this
Mate, i’ve been doing this for 7 years ok
Trust me, if you can score CONSISTANTLY 10 pips a day, you are doing well
but you are not going to get 887 pips a day
if you want a mission
FOCUS ON SAFETY AND CONSISTANCY
be cool dude
do the victory dance
you had a good win… be proud
we salute such a brave and heroic trader such as yourself
history will remember your name
your name will be reverred for generations to come
WE AWARD YOU THE MEDAL OF HEROES 
700+ pips in a trade? How many weeks it took to get your TP?
hehe.
i think it was a day trade LOL
No… he just didn’t know how to read it… fair mistake
Just a mistake was 88 pips
Can you shed some light on high frequency trading in the fx market and how it can be used to the advantage of a retailer
Oh; thanks for the correction! But, what is pipcrawler?
Mate, i’m on a mission to knock the laziness out of newbies… ok
PLEASE USE THE SEARCH BAR BEFORE ASKING ANY QUESTIONS
then
USE GOOGLE
i’m not having a go or being rude, (just in case you think i am) but i do want you to take initiative to research before asking questions
and not just you… EVERY NEWBIE
Pipcrawler is a Moderator
there are several moderators on this site
Pipstradamus
Pipcrawler
Bib Pippin
etc
Go to Babypips Education right at the beginning and they introduce themselves to you
also typing pipcrawler into the search bar would have shown you this
now, in fairness to you
pipcrawler could have been an indicator or something… right ?
fair enough, but, why don’t you research it and find out and tell us where you went and what you found
at least that shows effort is being put in.
Newbies get really lazy with asking questions
they don’t give two stuffs to research , they just ask
MY ADVICE… get out of that habit… it’s a very bad and lazy habit that will ultimately lead you into loss when trading.
ok
but to answer your question PIPCRAWLER IS A MODERATOR
and the OP has had JEDI GUIDANCE from PIPCRAWLER and he is wnting to express his appreciation because he thought he racked in over 700 pips LOL
Now. he did actually rack up around 80 or 90 pips, i can’t remember exactly so THAT’S GREAT and he wants to thank pipcrawler
that’s all it was
Thank you very much mate for your detail answer! By the way, from the next time definitely I’ll use the search bar!
To see what High frequency trading does…> Mt4 Ending, NSA spying, What.? Scroll down to the 2 videos on HFT. …
I would say your lot sizes are a bit big considering you Capital…!
Still working on that anyway lets focus on the fact that a win is a win
Yeah… it is
But…
you should really be focussing on RISK MANAGEMENT as opponent to winning
I mean
EUR USD
Lot size 0.30
Profit in pips = 61 pips
therefore 61 x $3 per pip = $183.00
THAT’S GREAT… GOOD FOR YOU
but, let’s see what would have happened if you stuffed up
lets say you put your stop loss at 30 pips
well. 30 x $3 per pip = $90
so you are roughly risking 14% of your entire account
ARE YOU CRAZY… to say the least
because 100% divided by 14 = 7 approx
meaning… YOU CAN DO THIS 7 TIMES AND LOSE BEFORE YOU BLOW EVERYTHING
and that’s at 0.30 lots
now
was someone revenge trading… hehe
seriously mate
so with 0.8 lots you are risking nearly 3 times your normal lot size
Meaning 14% x 3 = you are risking approx 40ish %
Mate… DO THIS TWICE AND LOSE, and you’re done
and trading at 1 standard Lot
Are you nuts ?
What you are doing is gambling
You know when people call Forex Gambling
they are talking about 2 things
You want long term profit
lower your lot size and have a reliable trading strategy
I mean. let’s look at this as well
CLEARLY out of 8 Trades, YOU WIN 6
now. if you can maintain that streak permanently
and you loser your lot size, You’re heading in the right direction.
You’re doing good mate, but you’re getting cocky and that’s not a good thing
the pattern is easy to see
0.30
0.30
0.30
0.80 (getting cocky)
0.30
0.30
0.10 (getting scared)
0.30
0.30
0.80 (getting cocky)
0.30
1.00 (is looking to be put in his place by the market makers)
trust me mate, they will wipe the floor with you
they love newbies that do this
and they lead on and make you think you’ll get there
MAKE NO MISTAKE… YOU WON’T
Trust me… I’ve tried
and i’ve gone hard and after losing, i put in more, and after losing, i put in more again and i didn’t care and i put in more again
They will keep taking and taking BECAUSE THEY CAN
simple as that
I’m telling you this like a friend
back it off to like 0.05 lots MAX
0.1 would be getting a little cocky, but every now and then… yeah ok… i understand
but no larger than that
you’ve been told, now do what you will
Thanks bro every day is a learnimg experience. I didnt have the previlage of forex school but i do take correction seriously. Anyway are the mt4 demo account markets as volatile as the real market? It might help to come up with a good risk-reward ratio.
You do realise there’s a free forex school right here, don’t you?
well… if you are trading 1 standard lot on demo and then you move to live… YEAH… YOU’LL FEEL THE DIFFERENCE.
if you are trading 0.1 lots or less on demo and then move to live, YOU PROBABLY WON’T FEEL THE DIFFERENCE.
even though there is one
see. when you are trading LIVE you are ACTUALLY AFFECTING THE MARKET IN SOME SMALL WAY.
on Demo, you use Live feed but it’s a simulation, you are not actually affecting the market in anyway you are just experiencing it in a TEST SERVER ENVIRONMENT that is isolated from the Live Market
Yeah and am making the most out of it. Do demo account markets move at the same speed as the real market? Might help to come up with a good risk reward ratio.
it depends on your broker
but… YES (they are supposed to ) because the idea is…
Live accounts and Demo Accounts Receive the same data feed
the difference is that in Live account you use real money
Now… if your broker is manipulative, they may try to give you a false sense of confidence and reward you in demo when you are trading incorrectly , so as to set you up for failure on live
but… that’s different
so… that aside
YES IT’S SUPPOSED TO BE THE SAME THING
there may be a slight delay sometimes, it really depends how the server is setup from a Networking point of view
