What Every New or Aspiring FX Trader Wants To Know

[SDC]

Well the thread was aimed at New Trader’s expectations. The concept I presented was based on only one trade per week, targeting a 20 pip gain on 2% of equity, as merely a suggestion to build wealth versus Forex bang to broke.

If you are asking me where I am in my personal trading, I net 100-200 pips per week and average about 25k in USD. I trade 2-3 times a week, mainly the London and New York sessions.

I only trade the Cable (GBP/USD).

I do not use mechanical bells and whistles… I watch price and look for my tools to support the clues price has presented. If you are expecting system codes… I am a chartist. I rely on my objective analysis.

I trade at or near daily highs and lows and trade chart patterns… at Pivot Points. I can trade larger, but have no need to push it harder any more.

Does this satisfy your inquiry?

Yes it does, I hope you did not take offence to my asking.