Quote:
Originally Posted by pipsweak
Saying that 5 pips per day is all you can expect in the long-run is a blanket statement. I think what you meant to say is that 5 pips per day is all that YOU expect to get.
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There are are very very few traders who will make more than 5 points on average daily.....some days they will make 30 but on average these exceptional traders should not make more than 15 to 20 pips per pair per day.There are very few of these exceptional traders.
I design mechanical automated systems and the best EA systems make on average 8 pips per day.I rephrase I challenge anyone who can consistently make a profit with a mechanical method or an E A
The ameuters will be lucky to break even let alone make a profit
Regards
El Cid