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thanks all,for sharing your views and suggestions.
I personally appreciate that,and looking for more,may this forum help new traders.
I know trade differently now,i don't run after indicators now,rather my trading is all now focus about economic indicators,central banks and options/order levels.
so,now it doesn't matter how many trades I am putting,i put trades only when there is goint to be some movement.
now I don't target pips,it all depend on the nature of economic indicator coming out,and then set my limits.
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I want to be a day trader,bit confused as how many pips should I target as day trader.
how many trades should are sufficient in a day.
how many pips should I target in a trade.
can anybody help me with these questions.
what my idea is :(I pick up every trade where I see an opportunity,someehere around 10-15 trades a day,and in each trade I m targeting 150 pips,watching out 32 different pairs
am I putting too much pressure on my trades,or asking too much out of my trades as a day trader).
Dear
If you focus on daily pips then you will start loosing your real money on daily basis. The best way is to focus at least on weekly basis. This is the best way to trade and profit. If you provide me your mail I can send you some accurate signals by which you can earn 100-150 pips per week. Avoid extra trading just for the sake of trade..Sincerely
Dear
If you focus on daily pips then you will start loosing your real money on daily basis. The best way is to focus at least on weekly basis. This is the best way to trade and profit. If you provide me your mail I can send you some accurate signals by which you can earn 100-150 pips per week. Avoid extra trading just for the sake of trade..Sincerely
I think a very important part of learning to be a successful trader is being aware that there are sharks out to scam you out of your money. Most likely someone trying to sell you something (trading strategy, robot, trade signals from someone who is not even a signal provider on MQL5) We call them IB's. they want you to sign up with their broker so they can make a commission. They don't care if you lose all your money. Be wary of things like that. I am only telling you this because I don't want you to fall in those traps.