Trading Target

Jan 06, 2020 at 10:57
1,168 Views
21 Replies
Member Since Aug 11, 2017   886 posts
Jan 06, 2020 at 10:57
which trading approach is more appropriate, it depends on your trading balance and experience. long term trading is much comfortable than short term but need standard equity with real knowledge and experience.
Member Since Dec 20, 2019   11 posts
Jan 06, 2020 at 13:43
You need big account for long term trading and this means that you can have big losses if price move against you. I prefer short term as feels safer
Member Since Aug 09, 2017   785 posts
Jan 07, 2020 at 17:08
to be experience about Fx trading is a long time process and for that we the traders who are particularly newcomers lost interest in here after passing sometimes . patience is first of all needed to be an experienced.
forex_trader_688163
Member Since Feb 28, 2019   140 posts
Jan 08, 2020 at 01:23
The first thing that you should more concern about is your risk. Then, you decide your target. It applies to any trading strategy.
Member Since Feb 08, 2019   57 posts
Jan 08, 2020 at 21:02
Proper Risk Management and Risk:Reward Ratio is what you should focus on, Profit will always vary as every trade is different.

Focus on the process and the profit will take care of itself
Member Since Jan 26, 2015   13 posts
Jan 09, 2020 at 09:35
It depends on so many factors
"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected" - George Soros
Member Since Aug 11, 2017   886 posts
Jan 10, 2020 at 17:59
make sure regular basis profit is very effective even though its smaller, 5% sounds minor but when it comes regular basis , it can make huge amount. 
Member Since Aug 11, 2017   886 posts
Jan 16, 2020 at 08:46
as a newcomer , learning Forex now already easy actually because many source we can learn and read from these sources , yes Baby pips is almost popular website among trader to learn Forex on school tab section , but also will very important while learn on theory also use demo account to practice .
Member Since Jul 23, 2020   759 posts
Aug 19, 2020 at 17:18
It depends on the strategy adopted and the unique goals set by the individual. In one strategy, some trades often target smaller profits like in scalping, while others seek larger profits in a longer time frame like in position trading.
Member Since Jul 19, 2020   788 posts
Aug 19, 2020 at 23:25
It is very important to have long term goals in trading because you can never be successful with short term goals. I have seen many traders who have been very successful with long term trading goals. It is a matter of trading goals so you can never be successful if you do not have long term goals in trading. After gaining a lot of knowledge you can set long term goals. It is not possible to trade without a plan. Long term goals in trading include a plan.
Member Since Jul 20, 2020   298 posts
Aug 20, 2020 at 01:08
It is very important to have a target in trading. If you do not have the right target, you will not find your trading purpose. It is very important to have a target to meet your goals. It is not possible to achieve anything without a purpose. It is also impossible to reach the goal of trading without a target. If you want to reach the goal, you have to proceed according to the plan. If the plan is not right, there can be many problems to reach the target.
Member Since Jun 26, 2020   327 posts
Aug 20, 2020 at 03:13
when making a trading target please keep in cool mind , never do it with an emotional state , because the target you have fixed of course will affect in your trading , so be careful when making a plan.
Member Since Jul 19, 2020   298 posts
Aug 20, 2020 at 08:16
Your trading skills and abilities define your style. Yeah it's true most traders like short term trading. But scalping can be dangerous for newbie as it makes them restless. They sit before charts all the time to find an entry. As a result out of desperation they open wrong trades.
Member Since Jul 19, 2020   751 posts
Aug 24, 2020 at 15:37
Profit target in forex trading should be based on your skills. If you have the ability to predict 20 pips your target should be 18 pips. If you do not predict more than that do not hold your trade. So fix your target based on your skills.
Member Since Jul 23, 2020   869 posts
Sep 03, 2020 at 06:21
Trading Target varies trader to trader, strategy to strategy. Short timer trader target for short pips and long-time trader target for long pips. However, I am a scalper. I usually target 100-150pips per day.
Member Since Jul 27, 2020   102 posts
Sep 03, 2020 at 06:25
Depending on what you are looking for. Some people are looking to scalp, some are looking for long term profit.
Member Since Aug 11, 2017   886 posts
Sep 03, 2020 at 09:10
before start trading it is necessary to learn market attitude , learn from pips school, its really knowledgeable for beginners level. and trade in a live account that means micro account.
Member Since Mar 17, 2021   536 posts
Apr 21, 2021 at 16:35
Roberto21 posted:
Actually how much we can earn our trading it depends on the markets movements. It’s not countable at all by our trading accounts. I was profitable when I started my live trading with 1K. but I did huge loss when I increased my balance in 2.5K but there was same strategies with same money management.
Yes. I agree with you.
Member Since Aug 11, 2017   886 posts
Apr 22, 2021 at 07:47
trading target is important but any kind of trading target can be useless if there is no good money management.
Member Since Jun 30, 2020   90 posts
Apr 22, 2021 at 09:08
Each goal must be backed up by preparation and action.
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