MoneyTec Traders Community Forum - View Single Post - No Win

MickMason · 22-06-2005, 04:02

Hi glennki

I tend to agree, the bottom line has got to be pips.

I was surprised to read "returning 500 pips per month (or more) is *exceptionally* good", you really think so, for an experienced intraday trader (I'm taking it that all $ignal providers should be experienced traders!), across two or three pairs? It's a healthy return but it doesn't sound a lot in the scheme of things, average 20 trading days, trading 2 pairs, works out to around 10 or 15 pips per pair per day, that doesn't sound a lot to me somehow.

Mick

22-06-2005, 04:02	#36
MickMason Fibonacci KISS trader! Join Date: Apr 2004 Posts: 3,788 Downloads: 0 Uploads: 0 Rep Power: 0	Re: No Win - No Fee, or Monthly Subscription? Hi glennki I tend to agree, the bottom line has got to be pips. I was surprised to read "returning 500 pips per month (or more) is exceptionally* good", you really think so, for an experienced intraday trader (I'm taking it that all* $ignal providers should be experienced traders!), across two or three pairs? It's a healthy return but it doesn't sound a lot in the scheme of things, average 20 trading days, trading 2 pairs, works out to around 10 or 15 pips per pair per day, that doesn't sound a lot to me somehow. Mick