As a trader, I hate the term A+ setup. They are all the same to me. They all cheat on me and break up with me and some take me to the moon.
https://t.co/m5N3tHYXka
Less is more. You don’t need 2 trades everyday to make it in this business. You need 1-2 good trades per week, ones that are easily readable with good risk to reward. Find something to keep you ore occupied while you wait.
‘The Arabs in old times used to say. Four things separate brothers: wealth, women, jealousy, and death. Four things make you lose your value among people: talking too much, laughing too much, lying and gossiping. Four things by which a wife ruins her home: stubbornness, anger, suspicion, and raising her voice. Four things by which a man ruins his home: distance, neglect, harshness, and stinginess.’
the 1st time you give someone something for free, it creates appreciation
the 2nd time, it creates anticipation
the 3rd time, it creates expectation
the 4th time, it begins to create entitlement
the 5th time, it leads to dependency
& when you suddenly stop giving, disappointment or even resentment can follow.
the lesson is simple: generosity is a beautiful thing but healthy boundaries matter. help people in ways that empower them not in ways that make them dependent.
think about that.
there are 3 things in life a man should never joke with; money, connection and protection.
if you don't have money, you should have connections, if you have connections, you should have protection. you need to stay very solid in at least one, if possible all. don't leave yourself alone without any form of protection, connection or money and above all, love God.
the easiest way to tell somebody is rich, is what they refuse to do. they don’t clean their own house, they don’t do the laundry, they don’t even cook their own food.
sometimes, the richest people don’t even drive their own car. that’s why they’re richer than you. do you think it’s because they are lazy? no, it’s the opposite cos all they are thinking is about how to get their time back and the easiest way to buy back that time is to outsource those tasks and delegate them.
if you are at someone house and they are doing their own dishes and taking out the laundry, they are probably not that rich.
Just passed my $100K FundingPips Pro 2-Step Phase 1... LIVE on stream! 😂📈
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#EURUSD This is one of the best ways to play the game. 🙂☕️🏍️
Aiming for 15-20 pips per day as a retail trader on EURUSD can be a solid, realistic goal, especially if you're focusing on consistency, risk management, and sustainable growth rather than chasing big wins. Here's why, based on typical market conditions and trader experiences:
### Alignment with EURUSD Volatility
EURUSD is one of the most liquid forex pairs, with relatively low but steady volatility compared to more exotic pairs. Its average daily range (high minus low) typically falls between 50-100 pips, depending on the period measured. This means the pair often provides enough movement for intraday opportunities without extreme swings that could wipe out accounts. Capturing 15-20 pips represents about 15-40% of that average range, which is achievable through strategies like scalping, breakout trading, or trend-following on shorter timeframes (e.g., 5-15 minute charts).
### Realism for Retail Traders
- **Achievability**: Many day traders target similar or slightly higher amounts, such as 20-50 pips per day, often through multiple small trades (e.g., 3-5 trades of 5-10 pips each). At 15-20 pips, you're setting a modest bar that allows for higher win rates (potentially 60-70% with good setups), as smaller targets are easier to hit amid noise like news releases or session overlaps.
- **Risk Considerations**: Pair this with a favorable risk-reward ratio, like 1:1.5 or 1:2 (e.g., risk 10 pips to gain 15-20). Retail traders should risk no more than 1-2% of their account per trade to avoid drawdowns. With spreads on EURUSD often under 1 pip at major brokers, trading costs won't eat much into your target.
- **Compounding Potential**: If you're consistent, 15-20 pips daily can compound nicely. For a $10,000 account trading 0.1 lots (where 1 pip ≈ $1), that's $15-20/day, or about 0.15-0.2% return—still solid for compounding over time, assuming a 60-70% win rate. Over a month (20 trading days), that's potentially 300-400 pips, which is sustainable without overtrading.
### Potential Drawbacks and Tips
It's not without challenges—not every day will hit this goal due to low-volatility periods (e.g., holidays or quiet Asian sessions), and over-optimism can lead to forcing trades. Focus on high-probability setups during peak hours (London-New York overlap, 8 AM-12 PM ET), use tools like moving averages or support/resistance, and always incorporate stop-losses. Backtest your strategy on historical data to confirm it fits EURUSD's behavior.
Overall, this goal encourages discipline and long-term success over get-rich-quick schemes, which is why many experienced traders recommend starting conservative like this. If your account size or risk tolerance changes, you could scale up gradually.
A new trader once asked a simple question:
"How many pairs should I trade?"
They expected a complicated answer.
More pairs.
More opportunities.
More chances to make money.
Instead, @traderkane gave an answer that most traders don't want to hear.
Less.
Not more.
Kane explained that if you're trading forex, you don't need to watch everything moving on the screen. In fact, the more markets you try to master, the harder it becomes to understand any of them.
That's why many traders spend years jumping from pair to pair, always searching for the next big move.
But they're never around long enough to truly learn the behavior of one market.
The professionals often do the opposite.
They narrow their focus.
They study the same markets every day.
The same patterns.
The same sessions.
The same reactions.
Over time, familiarity becomes an edge.
Maybe consistency doesn't come from finding more opportunities.
Maybe it comes from understanding a few opportunities extremely well.
What would happen to your trading if you stopped searching for more markets and started mastering the ones already in front of you?