What Every New or Aspiring FX Trader Wants To Know

I suggest new traders set a goal of 20 pips per week… to start yes.

If you have traded before, obviously this would be something of a snail’s crawl.

As you develop increase your pip goal by 20 pips per trading day you anticipate trading per week. Now I don’t advocate forcing a trade every trading day… but one could realistically find 20 pips per day should they have the homework done in advance.

I personally like to find potential 50-100 pip setups. If I don’t get all of it and come out with 30… who’s complaining about the profits?

It’s all relative.