Hello everyone , can someone please , please help me out here .
I need a simple , yet effective , day trading system or strategy for 50 - 100 pips per trade. I have been practicing on a demo account for 3 months now and its been a lot of ups and downs .I just want something that works at about 70% of the time . I will greatly appreciate any help given , THANKS .
Finding a strategy that gets 50-100 pip every single day is very hard. That would be the equivalent of catching the right move for 100 pips every single day.
Trading is not necessarily like that. You may win some trades and lose other trades. You could place a swing trade one week that lasts for a few days that gets you 300 pips, which can average out to your desired amount. You could lose a trade for 50 pips here and there. You just try to make your winners bigger than your losers. So that when you win, you win 2-5 times what you risked. That way when a loss comes it does not hurt you too bad, because your winners win so much.
Just my thoughts.
I´m glad if my system works like 1/3 of the time and if it does I make some money. I think there are definately some systems out there that are 70% hit ratio but here is the thing, you need to be really good to catch 50-100 pips a day regardless which system you are using.
Have you ever used one system and not differ from this system for about 1 month or more? If not try this out and you will see some things clearer. I guess pretty much every system works. Some might fit you more than others. The hardest part is just to stick to your own rules and to your system.
Hi there.
I am currently in the same position as you are; Looking for a strategy. Check out the “3 Ducks System” that has been posted here (put it in the search bar). this is quite good, but im not sure if it would fit day trading. Its very simple though.
Also, the “Cawabunga” system that is also posted on this site is quite usable, and probably better fitted to day trading. there is also a blog for it, so you can follow someone elses trades as you make your own.
Hope that helps!
Thanks for the advice everyone will try them out . 
Yeah agree with the advice here… 50-100p per day just won’t be possible… not all pairs even move that much on some days. A quiet week might have a pair ranging around a 100p zone for a while, and it would be extremely unlikely you could pick the top and bottom and net the 50-100p for that day.
Better to aim for a longer time period, else be OK with 10p here and there on a day trading system.
Also depends on the pair… have you decided what you will use? The GU and GJ can move 100p easily, but the EU or UCHF or UJ might not do that every day.
You may directly go to the brokers of the market and you will find a lot of effective suggestions from them. Try them!!!
i would never take any trading suggestions off any broker. They are there to make money from you at the end of the day.
A lot of signal providers exist, but you would need to do extensive research on them to find out if the provider is worth it. There is a thread on here called Great Trading Strategies (301 Moved Permanently) that goes over various strategies and systems in great length. The thread is updated many times daily and has a very high winning percentage.