Is 50 pips a day possible?
Could you elaborate on the feasibility of achieving a daily profit of 50 pips in the cryptocurrency or foreign exchange market? Are there any specific strategies or factors that contribute to this goal being achievable? Additionally, what are the potential risks and challenges that traders may face when aiming for such a target? It would be insightful to understand the practicality of this goal and the necessary steps traders should take to achieve it consistently.