Do you earn 300 pips in 1 month?

[4xis2ez]

Hi rattamahatta,
I think your thread should be entitled, "In your dreams how many pips do you make per month".
If that was the nature of your poll I would then believe the results.
Here is a link to Moneytecs own money managers with their average annual performance. Professional money managers
They average overall about 100% gains per year. This is a more realistic result you can expect from trading, if your good.

[CynicalTrader]

I make about 20 per day which is enough for income. don't try to be greedy

[xyz123fx]

Originally posted by rattamahatta
Hi,

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?

Also I would like to know, if somebody makes money only by trading on forex and has no another job. Or if you everybody are just trying to trade next to your job and after some time then give it up.

I don't want to persuate you to tell me your system if you don't want. I just want to now if it is possible to make good money on forex and if I should continue with studiing and trying to develop some suitable system for me.

Thank you very much

Roman
(not native speaker)

300 pips in a month??

I earn 300 pips in an hour!

*yawn*

Overload

[300 points per hour?

On 100,000 USD lots that 3000 USD

Work 2 hours a day five days a week that 3000 * 2 * 5 = 30 000 USD per week

Work 40 weeks a year that 1 200 000 USD per year

And you waste you time getting into fights here?

Go to the beach, the mountains, the shops but leave us alone Sam]

[Croesus]

Originally posted by xyz123fx
I earn 300 pips in an hour!

Be serious Sam!

[amarnath]

Hi all,

But remember well sam your broker always earn more than you. That too with out any risk

[nirvana]

rattamhatten

i make about 500-1500ticks per month. it all depends in you trading style,.

i can help you out, plus little help from friends always helps.

see ya

[talkpanerai]

Hi Nirvana

Would you mind sharing your trading strategy.

Thanks and Regards

[JanaSergeevna]

For the whole of the last year (actually a little longer) I have been making between 500 and 1000 pips per month. The overwhelming majority of it is derived from 2 sources only: by trading 1-2-3- formations and Ross Hooks on currency charts and by blindly following a signalling service. I have also made "small change" by playing about with a huge variety of other techniques of different degrees of simplicity/complication, all of them involving indicators and none of them really convincingly profitable at all.