Quote:
Originally Posted by el cid
If you look at the performance of the elite section ,there are 50 Eas or mayce many more than that , making 3,000 pips per month .That averages out at 60 pips per month per E A ,in 20 working days in a month it works out at 3 pips per day.
You guys look at 1 or 2 day's performance and also say if a currency pair has 140 pip range ,you can make 140 pips in a day.Well if that was true you would all be trillionaires by now,Some of you claim to make 70 pips a day or 1400 pips a month on a account of 10,000 with very few losing days ,if that was true you would all be trillionaires
and fact is 95 % of trader blow their accounts
Regards
El Cid
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your maths isn't right....just because a pair might have 140 pip range in a day doesn't mean you can profit from 140pips, but you can definatly profit from more than 5pips. also some days i won't trade because the market isn't as easy to read, some days it's not as safe to trade.
I think you must just be a low performance trader, it's no worries on my part because i'll be making money from you
if you spend enough time learning things yourself and understand it's not about becoming a millionaire over night your'll realise you can make money.
when you say 95% of traders blow their account, how do you know this? do you run a broker or something?