oildaytrader
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Im making about 30+ on average, surly its better to make more??
If trader has a great system and can make more , best of luck.Each instrument, depending on the system you use should make about 5 pips ,if trader is trading 10 currency pairs,2 indexes,oil,silver and gold or a lot of stocks, there is no reason why in total one can not make much more.
Trying to get more than 5 points on average per instrument, may force trader to go for lower quality set ups.If one is set up to trade all instruments, it is possible to make 100 pips a day.A system I am developing on makes about 800 points a week on multiple instruments and systems.This uses 3 major sophisticated systems ,some of which are fully automated and others semi automated
Multiple systems and instrumentsgive the opportunity to risk smaller percentage of account on each trade.
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