Trader A makes 150 pips in 1 month and a profit of $1000
Trader B makes 1500 pips in 1 month and a profit of $100
Which trader would you rather be?
At the end of your trading session do you have more money in your margin acct or less? Therein lies my answer. d
Which one would you rather be?
I would need to know my account balance in both scenarios.
I personally don’t measure success by either pips of money. I measure it by percentage increase.
At first I thought it was a bit of a stupid question, would I rather have $1,000 or $100 but then again, if you can consistenly make 1500 pips per month, just carry on doing it and let your account grow and grow!
You can look at the number of pips you get as the ‘quality’ of your trading, whereas the profit might just be due to making huge risky bets.
I’d be happier if my profit was made with a large number of pips rather than a small number. With lots of pips it is easy to scale up your trade size.
I prefer to look at percentage growth, I would rather make a lot of pips because you have more wiggle room. Too little information.
Trader B definitely
trader B has more potential for compounding so I would be B 
Neither. Daily % return.
Do you guys trade to make pips or money? 
Making a lot of pips is great but what are you going to do with all those pips?
My point is there are many ways to trade the bottom line is money. You can measure it as % growth or absolute value. If you lose site of that fact you might not do so well.
As a total noob I would much rather be earning 1500 pips/month, because I know in the long run I would bring in much more than $1k per month.
In terms of succes, i must say i am satisfied with my 50 pips, not my 50 dollars, but the 5,1% increase sounds cool i guess:cool:.
Pips=money, money=pips, but more pips doesnt have to mean more money, thats the way i see it:p. But yes would be nice to make 1 pip and 1000dollars, but thats just not feasible:o. Fx ppl might have a tendancy to be more impressed with your pips, than irl folks who might just care about the money. I could swing this both ways forever, i´ll just leave it there.
walking the down middle-path
!
well people have a different way of interpreting the number of pips.
1 lot goes 10 pips so in your trade it was worth 10pips to me.
5 lots goes 10 pips, still you only made 10 pips, but some would say you made 50… so pip count is really up to the individual.
I have a set goal of # of pips I would like each month, and the dollars are just a way to keep score…
I use % of account balance because it’s the easiest way to relate profits to the risk taken to acquire them.
More pips = more security and scalability
So more pips it is!
I’d say that the amount of pips you make on a trade is the difference between the traded price and the closing price regardless of lots.
That’s how I measure it anyway. Otherwise you could say that 10 lots on a 10 pip trade = 100 pips which isn’t true.
definitely B
But ofcourse Trader A, no thinking twice… The money,the dollars the biggest motivation for me to join and learn Forex, wat the hell would i do with 1500 pips with a profit of $ 100… this is pathetic profit i would say … $ 1000 is still respectable.
Well you could not be more wrong, its definitely trader B. For one you don’t even know the account balance of either! Even though trader A is getting a $1000 a month that may be on a million dollar account for all you know! In any case its trader B since its not about earnings per month, its about capital growth. More pips equals more profit and hence faster growth. You don’t know what percentage either trader is risking each time they trade and you don’t know their account balance.