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10 Pip System |
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It has been claimed that if a trader starts with $10,000 on January 1st, and earned 10 pips per day, and only traded 17 days of the month, then that trader would end the year 2,000 pips up, and with about $130,000. If that same trader continues the next year with 10-pips per day, depending on their risk tolerance, they would realize, between $10,000 and $17,000 per month in trading.
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Increasing ForEx Profits |
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Do you know how much in the way of profits you are realizing through your online trading over the course of the year? If not, here is a simple exercise that will enable you to find out the difference between your actual year-to-date percentage change and your spread-adjusted year-to-date percentage change.
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| Symbol |
Rate |
| GBP:CHF |
1.747703 |
| GBP:JPY |
155.484239 |
| GBP:USD |
1.638403 |
| NZD:USD |
0.627050 |
| EUR:CAD |
1.545998 |
| EUR:CHF |
1.516857 |
| EUR:GBP |
0.867915 |
| EUR:JPY |
134.947096 |
| EUR:USD |
1.421994 |
| AUD:JPY |
76.394373 |
| AUD:USD |
0.805000 |
| USD:CAD |
1.087204 |
| USD:CHF |
1.066711 |
| USD:JPY |
94.899879 |
| USD:SEK |
7.613010 |
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History
