What are some good ways to make 100+ pips per month consistently?

[ycomp]

Hi all,

I'm curious to know what some of you would say are to make 100+ pips per month consistently?

Please explain:

1. how many pips your technique would average
2. how consistent it is (specifically what are the chances of 1 or more negative months?)
3. approx how many trades would be done per month and what the target results / possible losses would be per trade in pips

thanks!

[popoola]

4 lots straddle the euro on nfm day will give you more than 100 pips a month. but be careful though

[mrbrint]

It all really depends on risk profile. And I think that is different for everyone. Why limit it too 100. The reality of the market is your gonna have good mons better mons bad mons, thats just how it goes. I like nfp tho Ive made some money on it but as the above poster noted be careful

[Nooztrader]

Does trading the news still work. I have not made any news trade(or any trades) in quite a few months now. I have not seem alot of big reactions.

[MarioX]

How to make 100 pips monthly?
Why 100? Why not 115 or 298 or 100023? Build good strategy, use money management, invest as little of your capital as possible. Be patience-results will come but nobody knows it's size.

Regards

[ycomp]

was just thinking that 100 pips is easier to make month-in, month-out than larger pips per month. But I'm just fishing right now, I have no fx experience yet.

I'm thinking that 100 "steady" pips could be good to generate some "steady" income while more agressive strategies could be used to try and generate some great, but riskier results. I realize that nothing is for certain, but in addition to trying to use a more stable strategy for the low pips, I would also use less risk on each trade than the more agressive strategies. Basically if I trade out the agressive funds, I can live with that. But I'd rather not lose the "income" fund if that can be avoided...

I'm planning to do FX full time in a year or 2 (obviously after I am more prepared...), so I kind of like this combination idea. The income fund would be "my salary". The agressive funds, "my bonus"

[mcboogs]

http://www.moneytec.com/forums/showp...87&postcount=6

[cornellj]

Originally Posted by ycomp

was just thinking that 100 pips is easier to make month-in, month-out than larger pips per month. But I'm just fishing right now, I have no fx experience yet.

I'm thinking that 100 "steady" pips could be good to generate some "steady" income while more agressive strategies could be used to try and generate some great, but riskier results. I realize that nothing is for certain, but in addition to trying to use a more stable strategy for the low pips, I would also use less risk on each trade than the more agressive strategies. Basically if I trade out the agressive funds, I can live with that. But I'd rather not lose the "income" fund if that can be avoided...

I'm planning to do FX full time in a year or 2 (obviously after I am more prepared...), so I kind of like this combination idea. The income fund would be "my salary". The agressive funds, "my bonus"

Find yourself a strong support/resistance area in a currencypair and do a trade from that point with a limit of 100pips. Yesterday's support of the USD/CHF pair of 1.2750 gave 110pips. I made 90 of them. See my journal. Repeat as many times as you like.

Good luck.