How to make 100+ pips a day with metatrader 4

forextraderman

Active Trader
Sep 24, 2009
1
0
32
I'm new here and was wondering if its possible to make 100 plus pips a day without the use of indicators or ea's but just pure trend and price action. This from many sources appear to be the best way to trade. And will consistantly make you money. I could sign up for some signal service but I don't like monthly fees. Is there a signal service that is one time? And specificly for metatrader?
 

AutoTrader

Active Trader
Sep 17, 2009
13
0
37
The whole idea of making '100 pips per day' or '20 pips weekly' is a beginners idea that is impossible.

You should take what the market gives you and what is your take profit in the system you trade. Lets say the volatility suddenly decreased. Do you still want to make 100 pips?

Focus on making money, not pips. With proper money management even 10 pips per day can be very big cash.