Is 20 pips a day possible?

[Royal Pande]

Forex scalping strategy “20 pips per day” enables a trader to gain 20 pips daily, i.e. at least 400 pips a week. Stop loss and take profit orders are placed on the level of 20 pips. As the interval is quite short, it is possible to use the trailing stop (from 1 pip).

 

[Shing1985]

I think 20 pips a day is good if you have knowldge and skills about forex.

 

[Nihuginn]

It all depends on how muhc work you put into your work because people are different and they perform at different rates. I may telll you that is is possible but that is according to my view and not yours. I may be able to do it and you may not so It is better if yiu are the one that finds out on your own.

 

[Ishnnis]

It is very possibe but for you to reach that level you need to be very good at what you are doing because it is not easy. I am not saying that everyone can do it but you will not lose aything if you try. If you think that you can or there is a slight belief in you that you can make it the go for it and do not look back.

 

[Electric Rainbow]

Forex scalping strategy “20 pips per day” enables a trader to gain 20 pips daily, i.e. at least 400 pips a week. Stop loss and take profit orders are placed on the level of 20 pips. As the interval is quite short, it is possible to use the trailing stop (from 1 pip).

 

[RainbowRain]

This is quite possible if you trade with the trend. Intraday trend movements for many pairs are even greater than these 20 points.

 

[Aaron_0]

The "20 pips per day" scalping strategy targets small, consistent profits, aiming for 20 pips daily, or 400 pips weekly. Traders set stop-loss and take-profit orders at 20 pips, with the option to use a trailing stop from 1 pip. This strategy works well in fast-moving, volatile markets.

 

[RainbowRain]

If you're trading highly volatile pairs, like XAUUSD, taking 20 pips isn't a problem. However, due to high volatility, it's best to trade with stop-losses and properly size your positions to manage risks.