I have kept hear someone asking me about how many pips should he take? Well, for me its not easy to answer it, because we can't predict or forecast the price UP/Bullish or Down/Bearish, but can you predict the Future with 100% accuracy? I don't buy it.
In Forex Trading, people can keep speculating or predict or forcast but there nothing absolute in this world, the Price is keep changing for every second what we could do only read the pattern and predict. at most the accuracy only 53% to 55%, so if i have to answer how many Pips should i take? The answer is "depended on your self".
If someone tell you strictly that you must take 210-240 pips (5 number behind comma) or 21-24pips (4 number behind comma), I say its the foolish thing that I ever heard, If me, i will take any number Pips as long it close with some profit or small profit. In Forex trading we can't be so greedy, You can't make huge amount money in one go, even it Professional trader too, so its better secure some profits for your next trade.
Note: Take Advantages of Leverage to make more profit
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