Increase pips

[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.

 

[Lee Mark]

In my live trading; I always set my TP target according the Pips collection; I don’t count the $ figure! Besides, this calculation also helps me on money management plan!

 

[Tom Latham]

When I use long term trading style like swing or positional trading then I make more pips by comparing short term trading (suppose scalping).

 

[Mark Dahl]

I think trader increase lot or over trade due to fear of losing money. So, it is best to invest what you can afford to lose.

 

[Kazumu Fukunaga]

Yes discipline and consistency is important. Even you need not to trade everyday. Only few trades can also benefit you a lot if consistency is there.

 

[Gito Dinev]

Yes discipline and consistency is important. Even you need not to trade everyday. Only few trades can also benefit you a lot if consistency is there.

That’s true. Patience also important in that situation. Sometime trader become eager to trade to recover their previous losses and end up trading wrong trades.

 

[Eduardo Lucchese]

Very important advice or suggestions. I also agree with you. Every trader should be disciplined in their trading.

 

[Andrew McCalam]

Any Forex strategy should develop after passing sometimes , regular practice in demo only the way to develop your trading strategies performance.

 

[Kevin Vogt]

There is no such standard of specific pips everyday. Trading is a long term business. One needs to survive for long. Market doesn't move according to anyone target pips. We need to adapt with the market and take the opportunity of good trade.

 

[eddiereich]

This is important. You should make a list of your daily goals and then in that list set your pips and your risk reward ratio. Do your best to achieve these goals. This way you will be able to manage your money, risks and profits.

 

[Oscar Shumack]

A good strategy can make you profitable in this market.

 

[Alicia Lynch]

The risk ratio increases the investment even more. The risk must be maintained as much as we make the strategy in profitability. I work with a 1: 2 risk ratio.

 

[Cooper Truebridge]

I will not be able to profit properly from the strategy I use if money management and risk management are not maintained properly.

 

[Alexander Hudson]

A good strategy can make you profitable in this market.

Yes. A good strategy can also help you to survive in this market.

 

[FXOpen Trader]

Yes. A good strategy can also help you to survive in this market.

With the help of a balanced trading system the income that we are going to get will also get increased.

 

[Alicia Lynch]

With the help of a balanced trading system the income that we are going to get will also get increased.

Of course, a good strategy can increase the profit ratio. Trading should be done by managing the plan and risk while keeping the analysis accurate.

 

[FXOpen Trader]

Of course, a good strategy can increase the profit ratio. Trading should be done by managing the plan and risk while keeping the analysis accurate.

If we are making use of a trading strategy that is easy to understand by us then the profits can be obtained by us.

 

[Alicia Lynch]

If we are making use of a trading strategy that is easy to understand by us then the profits can be obtained by us.

Good strategy will help me to make a consistent profit. There is no doubt about it but I have to control my emotions and trade.

 

[Gargoyle]

You can do long term trading. It will make you more pips and your pips are going to increase than in the short term.

More pips means more success!

 

[adamartin]

You have got a point. There are traders who take up more trades with just 5 to 10 pips a day and make profits. It depends on what kind of strategy you have at the end of the day. Increasing pips may work for some but for others it may not. Anything that works for you is good and valid if it earns you profits. Risk management is very much needed no matter what strategy you have.