How many pips per day?

[Anderson]

I think trading is not about increasing your daily pips. It is about being disciplined with your trading. You have to create some rules for your trading like risk reward ratio. I personally follow 1:2 risk reward ratio. It means i risk 10 pips against 20 pips profit. If I get any trade set up like this I only then open my trade. Increasing pips is good but make your own rules. All the successful traders in the world are disciplined traders.

 

[helodear123]

I personally follow 1:2 risk reward ratio. It means i risk 10 pips against 20 pips profit.

Yes you are right we are risking our one dollar to make two and so on..

 

[Mark Dahl]

Risk reward ratio is essential to survive in the market long. I recommend not to use less than 1:1 risk reward ratio.

 

[Kazumu Fukunaga]

If you are a day trader it's not possible to make pips everyday. In some days you won't get any trades. You have to sit on sideline bench. If you want to keep a goals make it 3 months 6 months or yearly goals.

 

[Gito Dinev]

It is better not to have a daily target. Then you will not force yourself to trade.

 

[Alexander Hudson]

There is no fixed amount. you have to control your pips rate according to the market situation.=

 

[Alicia Lynch]

If I maintain a 1: 2 risk ratio, I will be able to gain some profit at the end of the month. I try to gain 2% profit every day. If there is a loss, we try to maintain the loss with a risk ratio.

 

[Cooper Truebridge]

I think profit depends on investment but I try to gain 50 pips profit every day.

 

[eliashenderson]

Keeping the risk reward ratio in a subtle range like 1:2 is a good choice. I always keep my risk level beneath the original investment ratio. So that I can avoid negative balances.

 

[Eduardo Lucchese]

It is very difficult to say the exact amount of everyday.