Um den Chat zu nutzen, melden Sie sich bitte an.

Profit targeting

Mar 17, 2021 at 13:59
713 Angesehen
20 Replies
Mitglied seit Jul 19, 2020   751 Posts
Mar 17, 2021 at 13:59
Profit targeting should be based on your ability. How much my ability is allowing me that's important. If I can predict a 20 pips movement that should be my profit target.
Mitglied seit Jul 23, 2020   869 Posts
Mar 17, 2021 at 17:13
It is important to know your limit of risk tolerance and profit. So, know those from demo practice.
Mitglied seit Mar 15, 2021   17 Posts
Mar 18, 2021 at 12:48
Discipline is the first you should practice if you want to be a successful trader. All the successful traders on the planet are disciplined traders. They may have distinctive trading techniques however one thing is normal which is they are restrained. Taking in the market and being control is trading is the way to accomplishment here.
Mitglied seit Jul 20, 2020   399 Posts
Mar 19, 2021 at 08:21
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Mitglied seit Jul 19, 2020   788 Posts
Mar 19, 2021 at 17:30
I have a specific goal. That goal helps me move forward in trading. It could be Daily or Monthly with which I try to complete the analysis. I think this target will help me reach my goal.
Mitglied seit Jul 23, 2020   759 Posts
Mar 21, 2021 at 17:43
AliaDare posted:
I have a specific goal. That goal helps me move forward in trading. It could be Daily or Monthly with which I try to complete the analysis. I think this target will help me reach my goal.
It is good to have goal. It gives inspection and motivation. However, don’t force your trading plan to achieve that goal.
Mitglied seit Apr 01, 2021   6 Posts
Apr 05, 2021 at 11:23
Just because everyone else is making profits doesn’t mean you can too. You better understand your limits and set your goals accordingly.
Mitglied seit Apr 05, 2021   9 Posts
Apr 05, 2021 at 11:36
I think profit targeting is a bad plan. What if you are lower ? you will force trades and make bad trades. Better to set no target and get what market offer
Mitglied seit Mar 16, 2021   477 Posts
Apr 06, 2021 at 01:04
Any successful subject needs to have a target. It is never possible to achieve without a target. I always trade with a target in Forex trading as it increases the ratio of profitability.
Mitglied seit Apr 01, 2021   2 Posts
Apr 07, 2021 at 11:30
Just because everyone else is making profits doesn’t mean you can too. You better understand your limits and set your goals accordingly.
Mitglied seit Apr 03, 2021   12 Posts
Apr 14, 2021 at 07:41
Every trader uses different strategies and hence, makes different profits. Don’t set unrealistic goals because you will end up disappointing yourself otherwise.
Mitglied seit Apr 14, 2021   9 Posts
Apr 14, 2021 at 11:39
So true. I wanted 100pip a day when I started. Now I would be lucky to have that in a week. Keeping appropriate targets is very important
Mitglied seit Jan 07, 2021   15 Posts
Apr 23, 2021 at 11:30
Yes, it is very important for a trader to know about these aspects in trading.
lovefortrading (perryjohn765)
Mitglied seit Sep 12, 2017   238 Posts
Apr 23, 2021 at 12:55
profit targetting is imp. we cannt see when and how the other trader is earning. but we need to see what we have in our pocket and what target we can set
Mitglied seit Sep 14, 2021   10 Posts
Sep 15, 2021 at 10:34
CraigMcG2020 posted:
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Agreed with this. You just need to check on your risk to reward management if you want to make a right profit in the forex market.
Mitglied seit Sep 15, 2021   9 Posts
Sep 15, 2021 at 10:35
ohmaria posted:
CraigMcG2020 posted:
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Agreed with this. You just need to check on your risk to reward management if you want to make a right profit in the forex market.

I think differently. I set my profit target when I enter a trade and do not adjust it ever. So many times I have seen price look like it will reverse when many would close for small profit but I keep my trade and then make larger profit
Mitglied seit Sep 14, 2021   10 Posts
Sep 15, 2021 at 10:37
pigeontrader posted:
ohmaria posted:
CraigMcG2020 posted:
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Agreed with this. You just need to check on your risk to reward management if you want to make a right profit in the forex market.

I think differently. I set my profit target when I enter a trade and do not adjust it ever. So many times I have seen price look like it will reverse when many would close for small profit but I keep my trade and then make larger profit
Interesting approach. I think it all depends on every trader's strategy when it comes to forex trading.
Mitglied seit Jun 04, 2021   8 Posts
Oct 05, 2021 at 19:22
I don't know how about you, guys, but I don't set a profit target at the same number of pips. I prefer using S&R levels to determine them and also I have to take into account risk/reward ratio. I don't really understand how people set the same take profits in 20 pips or something like that. Each deal implies different number of pips and I can't imagine how it can be fixed whatever happens.
Mitglied seit Mar 17, 2021   536 Posts
Nov 24, 2021 at 20:20
RobSchiz posted:
Gririns posted:
I don't know how about you, guys, but I don't set a profit target at the same number of pips. I prefer using S&R levels to determine them and also I have to take into account risk/reward ratio. I don't really understand how people set the same take profits in 20 pips or something like that. Each deal implies different number of pips and I can't imagine how it can be fixed whatever happens.
You can not trade here by fixing your profit margin.
But A trader can boost himself by setting a profit margin.
Seb King (sebking1986)
Mitglied seit Apr 09, 2019   538 Posts
Nov 29, 2021 at 12:17
I don't target an amount per month or year. Just take what the market presents me.
If you can't spot the liquidity then you are the liquidity.
Anmelden / Registrieren to comment
You must be connected to Myfxbook in order to leave a comment
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.