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how many pip our target per day? in General Forex Discussion_699fadb3a6d85

how many pip our target per day?

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Mendo

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I did not set a target for what pips I should get, so if the results I felt were enough, I would close them



#451 - July 04, 2019, 07:39:14 AM

Forum

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Quote from: zanurreload on April 06, 2019, 10:30:22 PM
The target should not be determined based on pip acquisition per day, because market conditions are inconsistent; but based on the probability of profit from the overall trading which is commonly called the expectation of profit or expectancy. The profit expectation is calculated from the amount of the average profit in the times of trade and loss on average in the number of trade times. It is also important to note: usually, targets are determined after a long trading period (for example 6 months or a year), not a very short trading period such as a day or 2 days.
I myself have a trading plan where every entry I take profit of 50 pips to 100 pips, not every day can sometimes be 2-3 days
#452 - July 04, 2019, 12:24:23 PM

Dinda6

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Quote from: zanurreload on April 06, 2019, 10:30:22 PM
The target should not be determined based on pip acquisition per day, because market conditions are inconsistent; but based on the probability of profit from the overall trading which is commonly called the expectation of profit or expectancy. The profit expectation is calculated from the amount of the average profit in the times of trade and loss on average in the number of trade times. It is also important to note: usually, targets are determined after a long trading period (for example 6 months or a year), not a very short trading period such as a day or 2 days.
myself because typical scalping has no target boundaries, if it's tired, it's already the friend so just enjoy it.
#453 - July 04, 2019, 01:41:53 PM

Dinas

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Quote from: zanurreload on April 06, 2019, 10:30:22 PM
The target should not be determined based on pip acquisition per day, because market conditions are inconsistent; but based on the probability of profit from the overall trading which is commonly called the expectation of profit or expectancy. The profit expectation is calculated from the amount of the average profit in the times of trade and loss on average in the number of trade times. It is also important to note: usually, targets are determined after a long trading period (for example 6 months or a year), not a very short trading period such as a day or 2 days.
depending on the trader, he uses what technique, myself, not per day, but every open position, every time I open my position, I target 50 pips.
#454 - July 04, 2019, 04:16:42 PM

Sudoko

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My pips per day target is 30 pips per day but that is not required to be fulfilled.
#455 - July 05, 2019, 08:28:46 AM

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#456 - Today at 02:28:38 PM

aizafx

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In my view, forex trading is about how to manage the risk, trader is risk manager, if they can't manage the risk properly and only look the target hence will face stress when they can't reach the target but loss in big number, having target also good as plan trading, but also need to reasonable target
#456 - July 05, 2019, 01:34:37 PM

boni35

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a good target is a target that fits your abilities that is important, because even though your target per day is only 5 pips but you can't do it it will be useless, my advice is to consistently 5 to 10 pips after being able to be consistent for a month increase per 5 pips per month.
#457 - July 05, 2019, 07:09:45 PM

Tahajud

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If the strategy or system that I apply to the target problem itself is more convenient to use a daily percentage of 1-2% of the capital, even though it looks quite high-tech but so far I am comfortable in running it. If the target is based on the number of pips, the weakness is confused in determining the lot, and my assumptions or perceptions if based on the pips, the impression is high because it usually only targets a few pips. But if there is a trader who is comfortable using pips as his daily target, it is legitimate, because convenience is one of the keys to success in trading, the most important thing is that the goal is the same, which is to generate profit in each trade.
#458 - July 05, 2019, 11:12:51 PM

susisufi

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every trader would want a lot of profit by getting as many pips as possible, but the question is whether they are able to be consistent every day, of course not, therefore I suggest not too much expect to get lots of pips must match capital too
#459 - July 06, 2019, 06:28:56 PM

Ronggolanan

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The target of each trade is different but if I myself set a daily target of 30-40 pips.
#460 - July 07, 2019, 07:07:07 AM

Gerald

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My pips target is only 20-25 pips per day, but I already feel it's enough.
#461 - July 07, 2019, 08:30:27 AM

Bayu Aji

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My daily target is around 30-40 pips per day.
#462 - July 07, 2019, 05:01:21 PM

Zenix

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My daily target is not much, only around 40 pips.
#463 - July 08, 2019, 03:03:48 AM

Kurama

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My daily target is not much but sometimes I can get more if the market is profitable, usually I reach the target of 50 pips per day.
#464 - July 08, 2019, 03:14:43 AM

Saturnus

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My daily target is only around 40 pips per day, but sometimes it's also more if the market is supporting.
#465 - July 08, 2019, 04:05:07 PM
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