if you want to use Scalping strategy, you'd better show 50-100 pips profit. Otherwise you won't feel better with less amount of money you earned
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How many pips per day do successfull traders target?
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Professional traders do not trade with a specific number of pips in mind. This is because markets do not move in a predictable manner, so a trader cannot bank on a targeted number of pips per trade. Going after a certain number of pips per day sounds like a good plan when trading forex, but it is an unrealistic goal. The market conditions change frequently forcing your strategy in and out of its ideal state without notice. What is needed are goals for factors that can be controlled, like following a strategy and executing it flawlessly. It is recommended starting with a risk-free demo account that has real-time pricing data.
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