Cryptocurrency Q&A
Is 30 pips good?
Is 30 pips good?
Alessandra
Tue Dec 17 2024
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7 answers
1669
I'm wondering if 30 pips is considered a good or acceptable amount in the context of forex trading or financial markets. I want to understand if this is a significant or insignificant number.
7 answers
charlotte_wright_coder
Thu Dec 19 2024
The 30-pips-a-day strategy represents an aggressive approach to trading.
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SsangyongSpirited
Thu Dec 19 2024
It aims to maximize profits with each trade by targeting a larger Take Profit than the Stop Loss.
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SolitudeSeeker
Thu Dec 19 2024
The Stop Loss to Take Profit ratio stands at 1 to 2, with a Stop Loss set at 15-20 pips and a Take Profit at 30-40 pips.
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KimchiQueenCharmingKissWarmth
Thu Dec 19 2024
Traders must carefully consider this ratio in relation to their available equity and current risk-management practices.
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EtherWhale
Thu Dec 19 2024
However, this strategy requires a high level of discipline and risk management to avoid significant losses.
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