Cryptocurrency Q&A Is 10 pips a day possible?

Is 10 pips a day possible?

Sara Sara Sun Dec 01 2024 | 5 answers 999
I'm wondering if it's possible to earn 10 pips per day in the foreign exchange market. Is this a realistic goal, considering the volatility and risks involved? Is 10 pips a day possible?

5 answers

Maria Maria Tue Dec 03 2024
Trading shouldn't be forced; instead, it should be a response to market conditions. This might involve refraining from trading for a day or even an entire week if the circumstances aren't favorable.

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charlotte_wilson_coder charlotte_wilson_coder Tue Dec 03 2024
Patience is a virtue in Forex trading. Waiting for the right moment to enter or exit a trade can significantly impact one's profitability.

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Carlo Carlo Tue Dec 03 2024
Predicting that the market will move in a way that guarantees a specific profit, such as 10 pips each day, is an unrealistic expectation. Markets are volatile and unpredictable.

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GwanghwamunPride GwanghwamunPride Tue Dec 03 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing cryptocurrencies.

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Stefano Stefano Tue Dec 03 2024
The market operates independently of any individual's schedule. As a Forex trader aiming for consistent profitability, it's crucial to adapt to the market's rhythm.

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