If we leave all those factors then "asset" is the only thing which affects pips for a day. For example if u r trading EU and average movement of pips in EU is around 300 to 400 per day then maybe 50 pip per day is a good target. It also depends on if market is ranging or trendy. 

It also depends on how much time u spend on trading. If u r a full time trader and u can get advantage of 20% of daily movement (for highly volatile instruments), it is enough for the day. For lower volatile instruments, this percentage will increasae.

I don't have a particular pip target for every day because i prefer not to trade on a daily basis but in a weeks span i target to pocket in atleast 50 pips or even more if the market conditions are good. Its good to have low targets because you are happy with whatever you get.

For me i does not depend on the daily target to get in any condition as i dont trade even for months and when i do  i earn profits only because some days are not for trading and when you go for trading still then you always loose. so no perfect target.

I think it mainly depends on ur level of trading. If u r a Pro then u will trade as long as u consider it is worth trading. For me, if I start trading regularly, I will consider Net 30 pips enough for one day. 

Originally posted by Jogi

I think it mainly depends on ur level of trading. If u r a Pro then u will trade as long as u consider it is worth trading. For me, if I start trading regularly, I will consider Net 30 pips enough for one day. 

 

Originally posted by Champ

I know most will answer that it depends on initial investment, timeframe, lot size, spread, risk:reward ratio, trading style etc. My question is a bit different in a sense that I want to know how much is a good pip target for one day? Leave lot size, timeframe and trading style etc things. 

I hope u understand the question that it is not about money, it is about successfull trading.

I also think that pip target is better than profit/loss target. But it should be set for both profit and loss. For example if u gain or loose targeted pips, u quit for that day.

Originally posted by uniquetrader

 

Originally posted by Champ

 

I know most will answer that it depends on initial investment, timeframe, lot size, spread, risk:reward ratio, trading style etc. My question is a bit different in a sense that I want to know how much is a good pip target for one day? Leave lot size, timeframe and trading style etc things. 

I hope u understand the question that it is not about money, it is about successfull trading.

 

 

I also think that pip target is better than profit/loss target. But it should be set for both profit and loss. For example if u gain or loose targeted pips, u quit for that day.

Of course, it is not possible to gain positive pips everyday. 

But another thing can be a specific timespan for trading. For example if u dun have much time for trading, u can trade during volatile sessions. In this way u can set a specific time instead of specifying pips. But it doesnt mean that u forget money or risk management. 

" Pips every day best for new Forex traders "
I am a new Trader and looking for and working for small profit From Forex Trade.
My opinion also same like this Thread that is " Pips every day is best for new Forex traders."
It is a great advice for all new Trader's of Forex Trading.

Is it worth to earn only 20 pips per day? I know that any positive figures are good for the business but, is it really a way to fix the benefit in 20 pips a day? How big is the risk of losing 20 pips… or more