Sounds easy doesn't it? Don't fall for this trap. Why not try trading only when you think you can capture 100 pips each time? Trust me, you will learn far more about the market this way.
Right.....Even 1 pip a day will double your money to a certain point. Then the trades just become too large.
2 pips a day....would you be trading a mini? or a lot? A mini is 10k units and a lot is 100k units Michael B.
Some of us deal in reality. Here is a thought UBS has a 700 people in FX of which 350 are in some form of IT. With all there people and systems. They made less than 5% from their FX recommendations last year....I think it was close to 2%. Do you get the point yet.