I think if owning a successful business strategy that can achieve this number of points won easily, but he has to adhere to a good strategy that will work so it does not fall within any loss
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I think if owning a successful business strategy that can achieve this number of points won easily, but he has to adhere to a good strategy that will work so it does not fall within any loss
mahafuj01, A thousand pips per day or more, anyone can do it, but with a good sum and several open positions, for less than 1% of the risk margin to use. eg a 10pair of one currency, 10 open positions on the other pair, reverse, etc. And an apex doing one thousand pips without risking much.
We can open 3 forex exchange trades and make a lot of pips from them amounting to 1000 pips. But finally, a forex exchange pair can never move a distance of 1000 pips just in one trading day.Quote:
Originally Posted by mahafuj01
Its really not possible even most experience and most investors find it hard to make 500-600 and 1000 pips in a single day is very unreal and add daily to it as well really makes it completely crazy i wont even dream about that target.
WEll 1000 pips a day is a very big amount and i don't think it is easy to earn this much amount in one day.I think even a professional can't even do that so i think the people who are spreading these rumors are totally fake.
That is not possible and it is fake, they can claim that make 1000 dollars in an hour or like that but again it will need an account of 50,000 dollars expectedly, so 1000 pips daily is impossible even with gold trading...Quote:
Originally Posted by mahafuj01
I don't think it is possible to earn 1000 pips on a daily basis. Even a scalper working for 10hrs a day can hardly pick around 100*150 pips, if the trading is done in an exceptional manner. Since scalpers cannot trade, practically, in more than 2 counters the chances of making 1000 pips do not exist. Long term traders who go with the trend can hardly gain 50 pips usually and rarely 100 pips. To make 1000 pips, they need to trade in at least 10 counters or take a huge position in a single counter (to equal 1000 pips profit). Even banks and hedge funds do not make it or try those things. It is better to simply discard those kind of 1000 pips per day claim. 20 pips per day is the one a trader should try to achieve on a consistent basis.
I think it is quite impossible for any trader to earn 1000 pips daily Because this requires a large investment, a huge number of knowledge and experience about forex and run many trade at a time.
It would be FOLLY to think for 1000 pips each day because its simply putting your ******* at risk and even one can not attain quarter of it. Yes, You can try by opening up 100 positions and keep up a high ******* for backup but still its too theoretical and its not quite practical.
No it is never possible i can bet on it. you should be happy if you make over 50 to 100 pips every week that is enough to start with. Once yo have good experience you will start seeing money rolling in every week but we need to start slow first.