10 pips per day Returns Projection - fxcm daily forex currency trading news

10 pips per day Returns Projection ~ fxcm daily forex currency trading news

yes it is possible!

My system is this:



1. I will open an account of $2.000 and I will earn the 5% of my account daily.

That means: $100 per day divided by 10= $10 per pip

there are 22-23 days of trading activity per month.

I will allow myself to lose 2 days and win 20 days, that means money in the pocket are from the 18 days!



Month 1.
Now, 10pips*$10=$100*18days=$1800+$2000(my capital)=$3800

Month 2.
5% of $3800= $190*18days=$3420+$3800= $7220
(1pip=19$*10pips=$190)


Month 3.
5% of $7220=$361*18days=$6498+$7220=$13718
(1pip=$36,1*10pips=$361)


Month 4.
5% of $13718=$685,9*18days=$12346+$13718=$26064
(1pip=$68,59*10pips=$685,9)


Month 5.
5% of $26064=$1303,21*18days=$23457+$26064=$49521
(1pip=130,32*10pips=1303,21)


Month 6.
5% of $49521=$2476*18days=$44569+$49521=$94091
(1pip=$247,6*10pips=$2476)


Month 7.
5% of $94091=$4704*18days=$84682+$94091=178773
(1pip=$470,4*10pips=$4704)

Me personally I will stop here doublimg my account.

Month 8.
10% of $178773= $17.877 per month, not anymore per day!

that means that 20 pips per month (1pip=$893)(5pips per week!) will make that amount!


20% of $178773= $35.754 per month,40 pips per month(10pips per week)!


30% of $178773= $53.631 per month,60 pips per month(15pips per week)!

In order to make each pip to cost a certain amount we fix the lot size.

So, after my full 7 month period (I call The Great 7/10) which we dont take any of the money we make for 7 months, we can have a monthly income, of 10% or 20% or 30$ of the amount of money someone has made and saved!

10pips are the easiest, don;t listen to the people who are saying it is not! and sometimes we can even make more than that, so, calculate 2 pips extra for the broker!

My pair is EUR/USD and my broker has a fixed spread of 2 pips, and since I will not play in huge volatility the spreads will be 2 pips and he will also be happy because the bigger the lot the bigger his profit!

I dont know much about brokers or what are exactly they want Forex investors to do, but with my simple logic, I believe that a serious broker wants you to win, to make money, to know how to play, becuase then, the more you play, the bigger his profit, if you lose money, are air, he is not getting anything! He is just getting his spread and his is getting even with the money you lost from your account!

It doesnt make any sense that the broker wants u to lose!

Simple math!

My system is simple math, no stess, no crazy robots, no thousants of pips per month, no triple and whatever multiply someone can think of of your capital.

I am 27, and in 6 months I will be 28, I feel great that I have a goal and a system which makes sense, it is moderate easy, and I will make appx $17.000 per month and even more after 7 months so easy!

It is fast, it is free to learn it, and you dont have to be the King of Pips

THE MOST IMPORTAND THING IS THAT TO MAKE EASY 10PIPS U NEED TO KNOW TECHNICAL ANALYSIS AND FUNDAMENTAL ANALYSIS, FOREX IS NOT GAMBLING, IT IS A SERIOUS BUSSINESS WHICH IF YOU TREAT IT LIKE A SERIOUS BUSSINESS WILL GIVE YOU BACK RICHES!

IT IS NOT AN ACCIDENT THAT ONLY THE 10% OF FOREX INVESTORS ARE ACTUALLY MAKING MONEY.
They have done their homework and they have a system which they follow it!
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The Meaning of Lifestyle - forex news market clock mt4 indicator

The Meaning of Lifestyle ~ forex news market clock mt4 indicator

LIFESTYLE

I have often chat with colleagues about this word called "Lifestyle" . Why some people have to slog for work all day long till they left this world? Why people do not have time for their kids and family?

Its all because of the culture of conventional working. Its all drilled in our mind that we have to follow a correct PROCESS of earning our money, doing a decent job and earning the money. But the horror of this is a VISCOUS cycle which will repeat itself and people from the middle class is always working and working all day and night , think about it , how to earn cash fast in a confident and systematic way which break out from this bondage of conventional money earning.

Think about this yourself, is earning money really must through conventional 9 to 5 job? Is there a systematic way to earning money passively?

These will be the thoughts to ponder for today.

*tribute to patrick

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10 Pips Per Day Test Question 1 - forex news market clock

10 Pips Per Day Test Question 1 ~ forex news market clock

Looking at the above chart, please answer : UP or Down trade if you want to make a trade now for 5 pips?

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10 Pips Scalper Tool Oanda Iphone - forex market current news

10 Pips Scalper Tool Oanda Iphone ~ forex market current news

This tool is beautifully designed for Iphone user to do secure 10 pips / 5 pips per day. Imagine while waiting for a bus or qeueing up for a burger at MacDonald, just open up your iphone , do a trade , take profit of 10 pips , continue buy your burger. This is the 10pips per day lifestyle.

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Ten Pips per Day Do you love money - forex news market clock mt4

Ten Pips per Day Do you love money ~ forex news market clock mt4

The bottomline thing of playing Forex is the passion for money. This is the underlying drive for it. The source of our determination and persistence to carry on despite numerous obstacles.

Its the same analogy in life when people wants to be a successful businessman, doctor or engineer. It all started with the passion and desire to be one! In Forex, its the same thinking! With a planned and conscientious effort, this is the same thinking that we must have when facing Forex, as its a kind of academy by itself!

Some people think that Forex is for them, some dont really want to do Forex and they think they want to do Forex, because it is instant money and they fail!

Proceed on Forex if you think this is your utlimate desire to live a worry free , passive income driven life!
If you dont want to spend your effort and strength to do it, leverage by asking an expert to do it for you. You can hire a forex expert whom specialize in earning pips for you, you set a target for him and he will achieve it for you!

Lets say you are 30 years old, and you have a $2000 account, a pro can make that account in 2 years to a $250K and make each month from that account 20% which is $50K per month. Your investor will take money and you will take from and you will live with a very good income in your 32s.

I believe I have it, I sit all day and I only do Forex, (I have free time thats why), and I like it, I really like it, and becuase I know myself, If i didn;t like it I wouldnt sit all day to learn it, because I know my character!

I tried for example to learn Maya, Autodesk a program that makes animation, and I would love to be able to do it!
I sit one day and then I was making excuses inside of me not to do it!

The same thing with other stuff too!
My only advice to Forex Investors is to do it only if you really really like it, not because it is just a easy way to make money, but because u feel comfortable doing it!
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10 Pips Per Day Low Risk High Return - forex_ news_market_clock.ex4

10 Pips Per Day Low Risk High Return ~ forex_ news_market_clock.ex4

Are 20 Pips daily enough? If you trade 1,000,000 worth of currency, each movement would be equal to $100. So if you bought at 1.7839 and sold at 1.7859 then you would make 20 pips x $100, or $2,000. Now, I don’t know about you, but I could think most people could live in comfort zone with $2,000 per day.

Most traders are greedy, they’re always try to make a zillion dollars on every trade. This leads them to stay in a good trade too long, hoping to get more money out of it. This can lead to disaster the trade can move against them and they get creamed. It’s the single greatest fools in trading. But you can already understand why that’s probably true. But how do you leave greed when trading? We’ll get to that in a moment.

Let’s simplify the calculation, forget about those 20 pips If you can earned just 10 pips every day for the next 12 months, and you started next year with over $100,000 in your trading accont, you would be making between $10,000 and $17,000 per month trading (depending on your risk tolerance). Can you do this? Absolutely. Can you do this today? Maybe, maybe not. You have to dedicate yourself 100% to learning how to trade intelligently.

You should be grateful for any profit the market gives you. Don’t spend any time crying about how you didn’t get the maximum profit, or how you could have gotten so much more profit if you just stayed inthe trade longer. Instead of looking for mega zillion trade system, I set up good trade that have a lot of potential, and then I shoot for 20 pips as an initial target. Just 20 pips. That’s it. I don’t let myself lose a lot of money. I only try to get 20 pips and you know that I can get it. Trade Smart don’t trade Hard.

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Take profit small number of Pips per trade is Safer in Forex - cara trading forex news

Take profit small number of Pips per trade is Safer in Forex ~ cara trading forex news

What is harder to do?
to make 30pips per day? or to make 10 pips per day?
which one according to real life forex has the biggest risk losing?

the 30 pips?
or the 10pips?
the first one has 3 times more chances to lose and to wipe out the whole account, even with a lot of 0.1!

in my system, u lose, thats it! you move on,

tell me one system, with no crazy money in 7 months, a more realistic one, which it is more effective and u don;t need to be the King of Pips to survive in this business!

Even if u trade the 2.5% of your account in one year still u can make a really good living out of it without going crazy for pips!!!!!!!

a bigger lot size with a smaller amount of pips per month it is much safer than go nuts for pips and being cheap and stress out because u don;t want to loose 2 or even 3 times per month which is 30 pips according to my plan!

I have already started applying my plan to my demo account, and one week now i have no negative pips! I will stick to my demo for at least 3 months! if not even more!

10 pips, and i walk out!
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10 Pips Per Day Trading Leverage - forex news_market_clock.mq4

10 Pips Per Day Trading Leverage ~ forex news_market_clock.mq4

Forex traders like to trade in high volumes for greater profits. But this does not mean that they always have the right kind of money. How to gain a good amount for smallest fluctuations then? This is where margin money and leveraging comes in handy.

Suppose you have $40000 and you are leveraging at 200:1, then you can use $200 to trade the share at such volumes. As soon as the share loses 200 dollars, the deal gets automatically closed. This would mean that 5 percent is all that the share needs to fall for the deal to get stopped.

It gives the traders wholesome opportunities to earn through an extended range of profit. This is how leveraging lets a trader deal in high volumes. It can be a great ally of those who know the precision entry and exit points more often than not.

Generally, the leverage spread is between 50:1 and 200:1.The 500:1 leverage is also not unheard of. If your share is trading in the right direction, you can keep amassing profits with what you have as leverage. Traders use leverage to lever their investments with instruments like forex, futures, forwards, options and margins.

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10 Pips Per Day Temptation - forex news market_clock_2

10 Pips Per Day Temptation ~ forex news market_clock_2

As a forex trader, you’re constantly fighting your inner instincts of fear and greed. We’ve talked about how fear can affect your trading, but what about greed?


Forex greed is one of the psychological aspects you’ll  come up against and need to deal with as you’re trading.  An example of when greed can rear its ugly head is when you’ve entered into a “buy” trade, and price has moved up nicely and hit your target.   You’ve taken your profit but then price keeps moving, up and up and up! You kick yourself and think: “man, if I had just stayed in that trade …”.

This is a natural way of thinking but it is the WRONG way of thinking when it comes to forex trading.  The most important thing you can do is to stick with your system, the system that you’ve tried and tested and you know to be profitable.  So, if you’ve taken your profit on the trade, pat yourself on the back and say to yourself “excellent, I made a nice profit and I stuck to my system!”.  If the price keeps going up and up once you’ve exited the trade, then you just need to take it in, unemotionally.  Think to yourself: “wow, look at that price go.  I hope some of my trading buddies are riding that wave up!”.

Something else you can do that is constructive, is to analyze the times that the price keeps going, do some backtesting and forward testing and see if it’s worthwhile changing your system to incorporate a “letting the profits run” factor.   If, and only if the probabilities for success are better off in the long run, then you can adopt your amended system where you let the profits run a bit further – perhaps with a trailing stop.
Control your forex greed and remember the old saying: “it’s better to be out of a trade that you wish you were in, than to be in a trade that you wish you were out of.”
Trade with discipline and Trade Seriously!
Mark Thomas

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10 Pips Per Day Positive Thinking - forex currency trading news

10 Pips Per Day Positive Thinking ~ forex currency trading news

I think 10 pips a day every trading day is possible.....I dont wish to be rude but the problem with the people who cant seem to get aleast 10 pips a day, is because of the negtive thoughts they hold in there minds ("All that a man achieves and all that he fails to achieve is the direct result of his own thought")
Have a great day.
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