How much can we earn per day in forex trading?

**davidjss** · 04-22-2012, 03:07 PM

While trading one has to have some clear vision. That vision must be about how much should one earn every day. Its true that every day is not going to be a profitable day always. There will be lean days. That is a part of forex trading and one must accept it.

I personally looking for a target of about 30-50 pips as I find it more realistic and achievable target per day. this will be the average earnings. I trade between 6-20 trades, depending on opportunities available during the day. I take between 10-15 pips on normal trades and 4-6 pips on scalping. Very rarely I carry a position overnight.

How much do you think to is achievable daily from trading in forex. Lets have a realistic talk.

**Sixteen** · 04-24-2012, 05:16 PM

A forex is a market and we all know it, we gain and lose. Its very hard to predict how much one can earn in forex per day as really the market structure tells us when to buy and when to also sell. We make profit when we trade well and for someone to earn huge he has to trade with good amount of money i guess. Forex needs alot of money for one to progress with his trading skills.

**budado** · 05-05-2012, 01:15 AM

I can have a day with good earning and have a days with loses. But actually not loses its just that I'm in negative position and waiting for recovery. I'm hoping that I'm making a right decision when I keep on investing and continuously investing in forex and testing my strategy. I'm now in fighting battle for control in eur/usd.

**riddick09** · 05-07-2012, 06:43 PM

Now I see this thread similar to other forums. Yet, there's no specific or concrete info that we can do it to have an exact earnings we can have in forex. As we know that it will infinite so it will be usually vary to traders from their different setups like leverage, target pips, earnings per day. For me, I'm just happy to have 10 pips each for the pairs I'm trading so that will be 20 pips per day.

**valexer** · 05-08-2012, 02:46 PM

there is no specific daily income in forex really and if there is, it would be very rare. Forex market is very dynamic so you can't expect that if you win today, tomorrow will be the same. You really have to update your positions everyday even every 4 hours depends on what market are you in. It will be very difficult to have fix daily income in forex but once you are an expert, you're daily earnings will be limitless really.

**Cutiekc** · 05-09-2012, 01:22 AM

Ok,i got a point.can one rip what he or she never sow?this wise saying goes to all part of what we do.don't expect getting millions of dollars daily when you do trade with 50 bucks.the higher you trade or invest the higher profits you make out of it.

**riddick09** · 05-19-2012, 02:33 PM

Originally Posted by valexer

there is no specific daily income in forex really and if there is, it would be very rare. Forex market is very dynamic so you can't expect that if you win today, tomorrow will be the same. You really have to update your positions everyday even every 4 hours depends on what market are you in. It will be very difficult to have fix daily income in forex but once you are an expert, you're daily earnings will be limitless really.

Yes, there were factors we need to check. We can't also determine the time we are going to spend in forex trading for analyzing and monitoring the market as some just spend few minutes and others for the whole day. Its really difficult to have daily profit just because we can't control the market and can't win always unless we do have smaller target which is achievable within the day.

**kasual** · 06-08-2012, 09:51 AM

I heard about rule of 20 and this rule able to give consistent profit in market. 20 pips target and 20 pips stop loss. this rule is famous among the traders and this rule give more safety than force your self set a very high target everyday. although in some pair the average market movement more than 100 pips per day, still difficult to get high pips target because we don't know exactly in which direction the market will move.

**jonathan2340** · 06-15-2012, 10:17 AM

this is such a informative information about earning money per day in forex trading. Thanks for the information. Keep it up.

**faceless** · 06-15-2012, 09:36 PM

Of course that depends on how much you deposit into that trading. But it would be easier to count it in pips.I personally think 15-20 pips would be decent for me, and I would close position at that point, depending on the pattern of the price. Rarely I go for 30 pips or above, but that is probably because I am still a beginner.