CoreWorx
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Help me to straight this out please..
FPA signals average 150 pips per week according to this site's ad for Elite membership (for which I have signed up btw).
If trading standard lots on the EUR/USD the pip value is 6.73 EUR / 10 USD.
150 pips per week is 600 pips per month and with above pip value that's approx 4000 EUR / 6000 USD per month.
Where's the catch?
Ok, I may not get to 600 pips a month the first few months but half is good enough to begin with.
I guess I would need a 10 000 EUR account to have a few standard lot trades running.
With a 600 pip per month gain I have a return on equity of 40% PER MONTH!
Something doesn't make sense here. Please tell me where I go wrong!
FPA signals average 150 pips per week according to this site's ad for Elite membership (for which I have signed up btw).
If trading standard lots on the EUR/USD the pip value is 6.73 EUR / 10 USD.
150 pips per week is 600 pips per month and with above pip value that's approx 4000 EUR / 6000 USD per month.
Where's the catch?
Ok, I may not get to 600 pips a month the first few months but half is good enough to begin with.
I guess I would need a 10 000 EUR account to have a few standard lot trades running.
With a 600 pip per month gain I have a return on equity of 40% PER MONTH!
Something doesn't make sense here. Please tell me where I go wrong!
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