I'm wondering if earning 20 pips per day in forex trading is considered a good performance. I'd like to know if this amount is satisfactory or if there's room for improvement based on general trading standards.
6
answers
SumoMight
Sat Apr 05 2025
At the same time, they can still take advantage of the inherent fluctuations in the market.
Sara
Sat Apr 05 2025
Pips are fundamental in determining the financial outcome of trading activities.
Valentino
Sat Apr 05 2025
They serve as the smallest incremental change in the price of a currency pair.
Silvia
Sat Apr 05 2025
By setting a modest target, like achieving 20 pips per day, traders can adopt a prudent strategy.
Lucia
Sat Apr 05 2025
This approach allows traders to keep their risk exposure within a controllable range.