Cryptocurrency Q&A Is 20 pips a day good?

Is 20 pips a day good?

EchoChaser EchoChaser Thu Apr 03 2025 | 6 answers 1306
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. Is 20 pips a day good?

6 answers

SumoMight SumoMight Sat Apr 05 2025
At the same time, they can still take advantage of the inherent fluctuations in the market.

Was this helpful?

144
94
Sara Sara Sat Apr 05 2025
Pips are fundamental in determining the financial outcome of trading activities.

Was this helpful?

371
71
Valentino Valentino Sat Apr 05 2025
They serve as the smallest incremental change in the price of a currency pair.

Was this helpful?

139
30
Silvia Silvia Sat Apr 05 2025
By setting a modest target, like achieving 20 pips per day, traders can adopt a prudent strategy.

Was this helpful?

86
29
Lucia Lucia Sat Apr 05 2025
This approach allows traders to keep their risk exposure within a controllable range.

Was this helpful?

181
27
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts