Forex Trading: How many pips should you target?

As a Forex trader, we all want to make more pips if we can.

More pips means more earnings and more money in our accounts.

But the question is how many pips should you target for in your trading?

This really depends on several factors.

1. Your trading method
2. Your target profit


Different trading methods will have different type of target for each trade taken.

A trader trading the 4 hour chart will have a different entry if compared to a trader trading the 5 minute chart.

Instead of focusing on how much you can per day, focus on the return per month.

If you can have a return of 6% per month, you are considered as a good trader.

The question is consistency.

If you can achieve 6% return every month without fail.

Just think about the size of your account 1 year later.

You would have increased your account tremendously.


There are many traders out there averaging more than 6% return per month.
But once again, this kind of result will not be any of use if it is not consistent.


Remember, you don't have to take a trade every single day.
This is a mistake that I myself often make because I am eager to make more money.

Trade only when you have the absolute right set up in your trading system of method.

If you don't see it, skip the day.

End the day without a trade.

It is perfectly okay.

It is better than a losing day right?

So train yourself and build a habit of ' trading right' and you will be able to build a nice career in forex trading.

Happy trading,


Yours sincerely,




 Check Out my other posts here- My Justinnation