1000 pips a day are not that impressing and most FX traders that have been on it for a while knows how to.
But still, say 1000 pips a day to a new or a struggling trader and they wont believe you. For them it is an absurd unrealistic target. But its not.
I just follow the simple logic by focusing on my 10 X 100 = 1000 rule
Now that can be 10 pairs that gives me 100 pips each or 100 trades I at least manage to lock in 10 pips each on.
There are some strict rules to follow and its hard work. The coming weeks trades must be prepared. I know what charts and what levels to watch and trade, and I focus on them.
I also monitor sites like this
finviz.com/futures.ashx
which shows what me with regular updates what is weak and what is strong - and I trade accordingly for that day.
Maybe needless to say but I of course have many charts and pairs that I trade. I don't favor any pair and I don't dismiss any pair.
May the pips rain on you
//
RolandV
Goprotrades.com
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