New balance : 2811.51$
Today�s Approximate gain : 0
Today�s pips averaged : 0
Over all pips : 9401.3
ROI : 40.5%
premums got to me grrr…
New balance : 2811.51$
Today�s Approximate gain : 0
Today�s pips averaged : 0
Over all pips : 9401.3
ROI : 40.5%
premums got to me grrr…
have a good one my friend
I got into one more trade for the week on Thursday
Long Eur/Usd 1.3429 SL 1.3410 TP 1.3440 (+ 11 pips)
Based on technicals pointing towards a bullish move in the short week ahead
If price trades to 1.3462 then the technical analyst are looking for a new test of the .3680 level. Intraday bullish divergence with oscillators on the hourly favors a turn higher as well. In essence I speculated a move from the 27/29 level up a little before the close of the week. I closed out with +11 pips. So as the market closes for the week I ended up +36 pips
[B]WEEK OF May 20th � May 24th : + 36 pips[/B]
first week positing (note I have lost half my account size)
Currently using oanda and MT4
traded EUR/USD = + 25 pips
long GBP/USD = -21 pips
long USD/jpy = + 24 pips
alltrades entered at 6 am , extited at 330pm (EST)
woohoo
1000 pips a day
You sound quite confident in that statement. Are you sure?
What if a trader has 50 - 75 currently open positions varying in duration from 1 day to several months? Is it possible that the trader could close some winning trades to realize 1000 pips of profit on a given day while other positions remain open (possibly at a drawdown)? What if those pips represent “micro” positions valued at, say, ten cents per pip or even less?
The real question in my mind is: Is this method scalable to standard size within acceptable risk tolerances?
Hmmm?
geezer,
That is a very original screen name.
Professional traders, yes. Multi screened trade stations, and multi million dollar accounts, hmm…
I believe 1000 pips a day is a reachable goal.
.
so now comes how to get 1000 pips, intuition or mechanics or experience, bcoz i wanna make trading for living. so more pips as i don’t have lots of money to inverest :o
P.S.
Thanks pipgod , taken as compliment
My question for you is why you would give yourself a 19 pip window (based on your stop) for a pair that can move 19 pips in a flash thereby leaving your trade entirely up to chance on whether or not the next movement happens to be long or short as it is equally likely that the eur can move up or down 10-20 pips in a very short period of time? Congrats on getting it to limit out with profit but I wonder how successful you can be over the ‘long haul’ by having such a small window?
�Knowledge without wisdom is a load of books on the back of an ass�
[B]And dont forget[/B]
�Money grows on the tree of persistence�
wow that is awesome
[B]29.05[/B]
[B]P/L Today[/B] - [B]CLOSED POSITIONS[/B]
([I]PIPS[/I])
[B]TOTAL:[/B] [B]+614[/B]
[B]P/L Today[/B] - [B]LIVE POSITIONS[/B]
([I]PIPS[/I])
[B]TOTAL:[/B] [B]+194[/B]
I couldn’t believe 1000 PIPs a day was possible.
But now its almost a reality.
Everything seems possible, just believe it first, then bust your ass on making it come true and you’ll have it soon enough.
Regards
E. Lang
70 pips yesterday
80 pips today
i have officially stopped trading for this week.
pips this week: 386
well most of ur making 1000 pips a day, how is it possible, im barely covering around 300 pips a week!
could u post up screen shots of ur results?
well i don�t think that anyone will do that.i don�t know what systems they use but if i would post my results then i would need couple of pages to post it.believe me to make 1000 pips is lot easier than make 100 pips.
wish you a good trading
and im losing 200 pips a week!
to give you an advice read my system in post your daily loss/profit thread on page 18 and even if you read the whole thread you might find something useful
wish you a good trading
sorry but i think this thread belongs on the top and for those who didn�t read it so do it now and open your mind.
What ever happened to the pipkid? Blow the account or not in the mood for piping anymore?