hi guys , im not new here maybe it says so on my username date bt been around for almost 3 yrs now
why i consider my self a NOOB ? very simple , i have not opened a live account yet , been forward/back testing few systems bt anyway my question is very simple
and plz this is for experienced traders only
is gaining 20 pips/day hard to maintain , i mean with this u can move your lot size and number of lots for example
1 standard lot at 20 pips/day = $200/day = $50k/year
2 standard lots 20 pips/day = $400/day =$100k/year
3 standard lots 20 pips/day = $600/day = $150k/year
5 standard lots 20 pips/day = $1000/day =$250k/year
10 standard lots 20 pips/day = $2000/day = $500k/year
so technically speaking yes most will say dat few hicupps will blow out da account bt how abt u looking for a strong momentum move only , and you can start wid 1 unit if you want n then gradually increase , bt is really impossible to maintain
i hope you guys got my question , im not looking for get rich trading bt why not its just 20 pips and lets say on 4H chart , and you move your stop to BE asap
any thoughts
why i consider my self a NOOB ? very simple , i have not opened a live account yet , been forward/back testing few systems bt anyway my question is very simple
and plz this is for experienced traders only
is gaining 20 pips/day hard to maintain , i mean with this u can move your lot size and number of lots for example
1 standard lot at 20 pips/day = $200/day = $50k/year
2 standard lots 20 pips/day = $400/day =$100k/year
3 standard lots 20 pips/day = $600/day = $150k/year
5 standard lots 20 pips/day = $1000/day =$250k/year
10 standard lots 20 pips/day = $2000/day = $500k/year
so technically speaking yes most will say dat few hicupps will blow out da account bt how abt u looking for a strong momentum move only , and you can start wid 1 unit if you want n then gradually increase , bt is really impossible to maintain
i hope you guys got my question , im not looking for get rich trading bt why not its just 20 pips and lets say on 4H chart , and you move your stop to BE asap
any thoughts