How many pips should I aim for when learning to trade Forex?


Posted March 23rd, 2009 by admin No Comments »
forex
Gyromite asked:


Whats a decent number of pips to earn on a trade? I’ve generally been pulling the plug at 15 which is around 10% of my $250 mini account.

What’s a respectable pip haul for a single trade? I have the self control to not get greedy, but I don’t know where the line is. I also realize I could do a trailing stop, but I feel more comfortable locking in my profit when I have it.

why does the pip difference change in forex market?


Posted March 14th, 2009 by admin 2 Comments »
forex
none g asked:


i’m new to the forex market, and i noticed over many days that the difference between the pips of USD/JPY is different on some days. usually the difference between pips is 2 and some days its 4 or 5. why does that happen?

how do forex brokers charge traders with pip spreads?


Posted February 26th, 2009 by admin 2 Comments »
forex
none g asked:


i know that the less pip spreads a forex broker offers the better. but why? how do they make money by offering more or less pip spreads?
thanks in advance.

Is 3 pips a competitive spread for a FOREX broker to offer?


Posted February 20th, 2009 by admin 4 Comments »
forex
William J asked:


I am new to FOREX and am considering using HYMARKETS.COM who appear to offer a 3 pip spread. Is this competitive and if not where can this be beaten? Any advice is much appreciated. Thanks

Can someone explain the ForEx market in laymen’s for me?


Posted February 15th, 2009 by admin 6 Comments »
forex
glaserg4 asked:


I’m considering getting into the Forex market soon and am starting to do some homework. If someone could just lay out how things work and how you actually make (or lose) money, that would be nice. Also, what exactly is a pip and a lot? Thanks in advance.

Are there any experiences with The Ultimate Forex Predictor?


Posted February 12th, 2009 by admin 2 Comments »
forex
Kurt R asked:


Is there somebody who has experiences with the programme The Ultimate Forex Predictor?

If yes - what means “staking at £10 a pip” then? Does it means that what you have earned is calculated by multiplying the pip with the staking?