Do you know of a 10$ per day egy?
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thread: Do you know of a 10$ per day egy?

  1. #1

    Do you know of a 10$ per day strategy?

    Hello buddies,
    Do you understand a stragey in which we could gain at least 10 per day - and risking minimum losts ?

    Thanks

  2. #2
    quote silly Method of thinking IT IS ABOUT THE BUCKS!! You dont venture out and start to shop with your pips. Irrelevant in the day's end. Each pips has a different price, it is possible to scale to some trade with varying lot, martingale, whatever. After the day ends, and your broker sends you the daily P/L summary, they not mention a pip. why? Because IT IS ABOUT THE BUCKS!! Ps: when you create money you can also raise your trading size. Pps: green pips count is a wonderful bonus to trading, but by no way a prerequisite to make profit...
    I understand what you are saying is also correct,there's not any one single correct answer but see the question and mind set of a person who is asking the question,he's a newbie who wants to create 10dollars per day,so I was giving him simple answer,the one you are talking is a larger perspective. Have endurance and decent gesture in your manner of reacting,you are a FFx user for extended time,I wasn't expecting you talking in such unpleasant method.

  3. #3
    Hello friends, Do you know a stragey where we can gain at least 10 $ per day - and risking minimum losts ? Thanks
    you do not succeed in this business by copying somebody.
    You find your own egy.
    And 10 $ a day is insignificant.
    You might not earn anything for now but you might earn 50$ = 5 signs
    you look as if you are a noob.
    Take your time.
    and learn your craft.
    It'll take a looooong looooong time before you even want to consider earning money.

  4. #4
    Hi friends, Do you know a stragey where we can gain at least 10 $ per day - and risking minimal losts ? Due
    its not around dollars,its about how much pips u r making daily,u can always increase your lot size ,if u r comfy with your egy,learn and learn,trading is all about learning and cran your own egy,dont copy any ones else's egy.

  5. #5
    quote its not about bucks,its how much pips u r making per day,u can always boost your lot size ,if u r comfy with your egy,learn and learn,trading is all about learning and cran your own egy,dont reproduce some ones else's egy.
    Silly Method of thinking

    IT IS ABOUT THE BUCKS!!
    You dont move outside and start to keep up with your pips. Irrelevant in the close of the day.
    Each pips has another value, it is possible to scale into a trade with varying lot, martingale, anything.

    Once the day ends, along with your broker sends you the daily P/L review, they never mention a pip. why?
    Since IT IS ABOUT THE BUCKS!!

    Ps: when you make money it is also possible to raise your trading size.
    Pps: green pips rely is a wonderful bonus to trading, but by no means a necessity to generate profit out of trading.

  6. #6
    Well, I've more than 5 years trading experience but I really don't have such a day trading goal! I open my new trade place in order to the market situation; when I get entrance point then I open my trade differently not!

  7. #7
    Senior Member Tataylo's Avatar
    435
    Hi friends, Do you understand a stragey where we can gain at least 10 $ per day - and risking minimum losts ? Thank you
    FWIW....
    Could this forum manage some reality? Note: this is not a negative post. I've been trading for a living for years. ....

    Making a dwelling is very much a similar question as of what is is. All of the professional traders I know, whether they trade forex or futures markets, don't make so much per day. That is a term used by marketers, because they understand what novices are looking for, and that is a steady income so that they can eliminate their tasks. Money from the market it is possible to count on does not come stable or nicely so much per day....

  8. #8
    In the question you're asking you're either new to trading or you have been doing things wrong for a long time.
    Why restrict yourself to 10 a day?

    Lets say that you have a egy that is profitable.
    You'd want to exploit that egy each time you receive the opportunity.
    Forex also isn't very stable so 10$, 100$ or 1000$ a day is not going to occur daily.
    Some days you'll make 10 others 150$ and maybe even -50$.

    There are ways to make it even more secure like having egies that work well in different market conditions such as: A egy for consolidation and also one for trending markets. In case you've got that your tendency trading egy will lose in consolidation and your consolidation will acquire which means your maximum drawdown is going to be less. In case your maximum drawdown is not as you can trade a larger lot dimensions while still remaining in your maximum allowable drawdown.

    I really do concur with Profitfarmer that at the end of the day it is about cash. When you first begin it should not be the priority. Your priority should be to learn and also to get into good habits and perform everything right so that you don't wind up losing the cash.
    Which means that the process should come first and if you do the process well then the cash will come over time.
    It's as Straightforward as that.

    Should you set a cash goal for yourself you'll wind up trying to reach that and trying to force it and as you're trying to force things you'll wind up taking bad transactions or risking too much or something that will wind up hurting you. Can it be in the short or the long run.


    What exactly have we learned?
    -Do not restrict yourself
    -Do not set goals like x amount a day
    -Focus on the process and doing the process well and the cash will come
    -Do not push things
    -The Forex market is not a stable income
    -There are ways to make it even more secure like having egies that operate in different market conditions but there's just so much we can do. It will be 100% secure.


    As for obtaining a egy I highly suggest you pick one thing you like and working to master that setup.
    For example I enjoy Bollinger bands so that I have a egy that uses Bollinger bands in combination with engulfing candles.
    I have a egy that combines Bollinger bands together with the Rsi.

    I hope that helped a little bit.
    -

  9. #9
    quote I understand what you're saying is also right,there's no one single correct answer but see the query and mind set of a person who is asking the question,he's a newbie who would like to make 10dollars per day,so I had been giving him simple answer,the one you're speaking is a bigger perspective. Have endurance and good gesture in your way of responding,you're a FFx user for long time,I was not expecting you speaking in such unpleasant manner.
    There's absolutely no harshness intended, however there's some very flowed thinking around the forum when it comes to these type of issues and answers.
    I believe it's necessary to have the fundamentals set up, the right loion.
    Trading is for money.
    If a person not trading for money, best to adhere to get a demo for the fun employees.

    That said, I am not here to harm your or anyone's feelings.

  10. #10
    Gal?ctico
    Guest
    quote Ridiculous Method of Believing IT IS ABOUT THE BUCKS!! You dont go out and begin to keep up with your pips. Irrelevant in the close of the day. Each pips has a price, you can scale into a trade with lot, martingale, whatever. When the day ends, and your broker sends you the daily P/L summary, they not cite a pip. why? Because IT IS ABOUT THE BUCKS!! Ps: when you create money it is also possible to increase your trading size. Pps: green pips count is a wonderful bonus to trading, but by no way a prerequisite to generate profit...
    right,its all about the money ###### $$ $$ $$$ $$

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