Register File Sharing Journals Chat Room FAQ Calendar Mark Forums Read

Advertisement







Search Forums
 
» Advanced Search

View Poll Results: How many pips do you earn in 1 month on average?
More than 1000 70 13.06%
500-1000 122 22.76%
300-500 98 18.28%
100-300 120 22.39%
0-100 71 13.25%
Less than 0 55 10.26%
Voters: 536. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Old 14-05-2006, 04:28   #89
lamode
level 3
 
lamode's Avatar
 
Join Date: Nov 2005
Posts: 296
Downloads: 0
Uploads: 1
Rep Power: 3lamode is on a distinguished road
Re: Do you earn 300 pips in 1 month?

Quote:
Originally Posted by KPcurrency
Please explain. I can't see how one can have positive pips month after month and be in the red. I can see how a trader can have a winning percentage and still be in the red: 7 winners for 20 pips each. 3 losers for 60 pips each. But how do you mean positive pips and negative balance?

difference trading size, probably the positions size for loser trades is bigger than the winner one.
lamode is offline   Reply With Quote
Old 14-05-2006, 07:07   #90
Coder
level 3
 
Coder's Avatar
 
Join Date: Jun 2004
Posts: 115
Downloads: 0
Uploads: 0
Rep Power: 0Coder is an unknown quantity at this point
Re: Do you earn 300 pips in 1 month?

Pips can be misleading without taking into consideration position sizing.

For example, last month I made over 5000pips (live account). The downside is that my position sizing only allows me to trade 10cents/pip for each $1500 equity.

The more money in my account, the larger the pip size I can trade without blowing up my account.

Coder
Coder is offline   Reply With Quote
Old 14-05-2006, 13:15   #91
fxfree
level 1
 
Join Date: May 2006
Posts: 5
Downloads: 1
Uploads: 0
Rep Power: 0fxfree is on a distinguished road
Re: Do you earn 300 pips in 1 month?

The orignial question to this thread was....................................

........."I'm forex novice and I would like to ask you, if there is somebody, who is making on average for example 300 pips in 1 month for at least 1 year?"

I am new to forex and this board and after reading the replies from over 15 months I have to say that except for a couple replies here I have never seen such dancing around the truth in my life.

Everyone has an opinion but hardly no one will just step up to the plate and simply answer the question.


I am sorry if I have offended some of you but after looking at 12 pages of this I am a little frustrated.

Last edited by fxfree : 14-05-2006 at 13:24.
fxfree is offline   Reply With Quote
Old 20-05-2006, 20:46   #92
initialsBB
level 2
 
Join Date: Oct 2005
Posts: 120
Downloads: 0
Uploads: 0
Rep Power: 4initialsBB is on a distinguished road
Re: Do you earn 300 pips in 1 month?

Maybe it's somewhat funny that beginner's brass question is "how much pips you make per month?". They have still to learn that there is much, much more then the number of pips. What i'd look for is profit factor and equity curve. I've seen neural nets that make 800-1000 pips per month, but their worst DD was 800 pips. I would defintely prefer system that makes 150 pips per month with 50 pips worst DD.
initialsBB is offline   Reply With Quote
Old 22-05-2006, 13:58   #93
bobnat
Ain't I pretty?
 
bobnat's Avatar
 
Join Date: Feb 2004
Posts: 710
Downloads: 1
Uploads: 0
Rep Power: 0bobnat is an unknown quantity at this point
Re: Do you earn 300 pips in 1 month?

The bottom line in trading is simply how much money do you make. Everything else is superfluous.

Nat
__________________
The author doesn’t endorse any of the products or services provided by unsolicited links in this post. MoneyTec may have modified this post at their discretion without the consent of the author.
bobnat is offline   Reply With Quote
Old 02-06-2006, 04:17   #94
June
level 1
 
Join Date: Jun 2006
Posts: 1
Downloads: 0
Uploads: 0
Rep Power: 0June is on a distinguished road
Re: Do you earn 300 pips in 1 month?

Quote:
Originally Posted by rattamahatta
Also I would like to know, if somebody makes money only by trading on FOREX and has no another job.

Here's another question Rattamahatta asked that somehow didn't get answered in the first 12 pages of this thread. And that would be the question about wether or not anyone here makes a living trading FOREX.

I think the lawyer named "Comenow" mentioned that he quit practicing law and is now a full time trader.

Except for the ex-lawyer, one gets the impression that most of the posters in this thread are not able to make a living at it, because, well, no one else claimed to do it full time. Ya think?

Last edited by June : 02-06-2006 at 13:58.
June is offline   Reply With Quote
Old 07-06-2006, 09:58   #95
equityraiser
level 1
 
Join Date: May 2006
Posts: 3
Downloads: 0
Uploads: 0
Rep Power: 0equityraiser is on a distinguished road
Re: Do you earn 300 pips in 1 month?

300 pips is a little bit too much. Really hard to obtain.

100 pips seems to be achievable.

Watch out EURUSD crazy train system on :http://www..com

That's stable performance.

Good luck.
equityraiser is offline   Reply With Quote
Old 08-06-2006, 01:40   #96
Jack_Jones
level 2
 
Join Date: Jun 2004
Posts: 87
Downloads: 0
Uploads: 0
Rep Power: 0Jack_Jones is an unknown quantity at this point
Re: Do you earn 300 pips in 1 month?

I have a carry trade basket that effectively earns 12 pips in interest a day so 336 a month. However draw down is another issue but it's a long term thing so i'm not so worried.
Jack_Jones is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump