Cryptocurrency Q&A
What is the 20 pips per day strategy?
What is the 20 pips per day strategy?
emma_lewis_pilot
Thu Dec 26 2024
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5 answers
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I've heard about a trading strategy called the 20 pips per day strategy. I'm curious to know what this strategy entails, how it works, and if it's effective for forex trading. Can someone explain this strategy to me?
5 answers
Michele
Sat Dec 28 2024
To successfully implement this strategy, the chosen currency pair must demonstrate active movement during trading hours.
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JamesBrown
Sat Dec 28 2024
Volatility is also crucial, as it creates opportunities for traders to enter and exit positions quickly, capturing small but frequent profits.
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ZenMind
Sat Dec 28 2024
Among the various currency pairs, GBP/USD and USD/CAD are considered the most suitable for this scalping strategy.
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GangnamGlamourQueen
Sat Dec 28 2024
The Forex scalping strategy known as "20 pips per day" is designed to provide traders with a consistent daily profit of 20 pips.
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Tommaso
Sat Dec 28 2024
This strategy aims to achieve a minimum of 400 pips per week, which can be a significant return for Forex traders.
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