200 pips traders

Discussion in 'Forex Trading' started by drasfs, Jan 28, 2006.

  1. drasfs

    drasfs

    There are a couple of things that puzzle me. For instance, if you average 200 pips a month using 100:1 leverage and have 20 000 dollar in your account, and only use 5% of you account worth on every trade, you would earn 2000 dollar a month.

    There are lots of people out there that achieve 200 pips a month, and even more and with a bigger account too. Are these people just secretive about their profits, or are these traders just rare, as many people who gain 200 pips a month fail to employ proper risk and money management. Or because they don’t have consistent results and fail to survive in the longer run?
     
  2. gkishot

    gkishot

    Those people are rare & they do not like to brag about their profits.
     
  3. drasfs

    drasfs

    Well ive got the impression that there are lots of people that get 200 pips or more a month and just smiling secretly.
     
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  5. Never met any ET posters earning less than 200 pips a month! :D
     
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