Quote:
Originally posted by Bank Trader
Don't listen to this guy, losing 2-3% per trade is crazy. You shouldn't lose more than 5% in a month how can you justify losign 2-3% on a trade for 1-3 days??
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LOL...So tell us how you suggest making 7% per month, but risking less than 0.7% per day?
Let's see....
700 pips a month with risk less than 70 pips
in total per day?
350 pips per month with risk less than 35 pips
in total per day?
How many pips do
you target per month?
This will be interesting, since I know several "bank traders" and most of them openly admit to being fairly poor traders. There is no hallowed ground in those halls.