The Pip Club is a trading room where a group of traders get together to discuss trades, strategies, tools, and trade live. Many traders attend, some call out trades and talk about news events and discuss a specific set of trading strategies.
A lot of the traders just watch and follow the trades that are called out as they are learning to trade our system or just learning how to trade.
The main purpose of the Pip Club is to make pips. There is usually some instruction and a lot of fun.
When people get together and trade a common trading system and style it is much more enjoyable and the learning curve becomes much shorter as compared to trading alone.
Traders are reporting a range of pips made in the pip club from 10 to 100 pips in a two hour session. Some days the market has fantastic moves and others there are not as many pip available to get.