Right. Now, the question is: Would you like to make 100 pips a day or 100 USD a day? , because those are two very different things.
Obviously, it is much easier to make 100 USD a day on forex market than 100 pips a day. Why?
Well, 100 pips might have a different value in USD. It is according to a lot size of your trades.
Example:
If you trade standard lot size on EUR/USD currency pair, 100pips equals $1,000 USD.
If you trade mini lot size on EUR/USD currency pair, 100pips equals $100 USD.
If you trade micro lot size on EUR/USD currency pair, 100pips equals $10 USD.
So if your trading capital is big enough to trade standard lot sizes, you only need to make 10 pips to earn $100 USD a day.
There are 4 ways you can earn 100 a day from Forex market. Two of them are very profitable for those who can trade markets, but other two are suitable also for non-traders and are very profitable too.
Learn all 4 ways , read more...
