EurUsd M1 About 2R or 7 pips Trying to see how much opportunity there is 9pm to midnight EST for a friend. He can replace a part time job . Trying to make it easy like 80 pips a month or 16R.
Im thinking $50,000 at 8% a month. About $50/hour for some part time work. Make 4 pips a day average.
A "full time" job would be $150,000 at 8% a month. Make about 4 pips a day average.
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aliassmith wrote:EurUsd M1 About 2R or 7 pips Trying to see how much opportunity there is 9pm to midnight EST for a friend. He can replace a part time job . Trying to make it easy like 80 pips a month or 16R.
Im thinking $50,000 at 8% a month. About $50/hour for some part time work. Make 4 pips a day average.
A "full time" job would be $150,000 at 8% a month. Make about 4 pips a day average.
I think I was watching trader tom and he mentioned something like just make 4 pips a days and you have a full time income. Pretty simple, eat the elephant 1 bite at a time.
aliassmith wrote:EurUsd M1 About 2R or 7 pips Trying to see how much opportunity there is 9pm to midnight EST for a friend. He can replace a part time job . Trying to make it easy like 80 pips a month or 16R.
Im thinking $50,000 at 8% a month. About $50/hour for some part time work. Make 4 pips a day average.
A "full time" job would be $150,000 at 8% a month. Make about 4 pips a day average.
nice, that sounds pretty much guaranteed. Is there a particular fund that would support that as I think the min is 8% a month for some anyhow.
There was a nice trend in the asian session today where I caught a few pips. I thought I was trading the deadhorse but looking back at the chart it was a dead donkey, late entries and taking profits out at 3-4 pips instead of 10-15 etc.
aliassmith wrote:EurUsd M1 About 2R or 7 pips Trying to see how much opportunity there is 9pm to midnight EST for a friend. He can replace a part time job . Trying to make it easy like 80 pips a month or 16R.
Im thinking $50,000 at 8% a month. About $50/hour for some part time work. Make 4 pips a day average.
A "full time" job would be $150,000 at 8% a month. Make about 4 pips a day average.
nice, that sounds pretty much guaranteed. Is there a particular fund that would support that as I think the min is 8% a month for some anyhow.
There was a nice trend in the asian session today where I caught a few pips. I thought I was trading the deadhorse but looking back at the chart it was a dead donkey, late entries and taking profits out at 3-4 pips instead of 10-15 etc.
MFF supports 8% a month to pass. Maybe stretch a month to hit 10% on FTMO. I think most people doing their first evauation should do the $50 one at MFF then fund anything else through the live account when u pass.
If you are hitting 3 or 4 pips with a 3 or 4 SL then its not bad. Continue to look and see how you can make bigger moves with 5 pips SL or less. Better execution will help of course.
aliassmith wrote:EurUsd M1 About 2R or 7 pips Trying to see how much opportunity there is 9pm to midnight EST for a friend. He can replace a part time job . Trying to make it easy like 80 pips a month or 16R.
Im thinking $50,000 at 8% a month. About $50/hour for some part time work. Make 4 pips a day average.
A "full time" job would be $150,000 at 8% a month. Make about 4 pips a day average.
nice, that sounds pretty much guaranteed. Is there a particular fund that would support that as I think the min is 8% a month for some anyhow.
There was a nice trend in the asian session today where I caught a few pips. I thought I was trading the deadhorse but looking back at the chart it was a dead donkey, late entries and taking profits out at 3-4 pips instead of 10-15 etc.
5%er would support this. I think 1:10 leverage will get you the size you need for 80 pips a month = 8%. Should be able to go up 3 levels in 4 months.