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Trading Target
Jan 16, 2020 at 08:46
Member Since Aug 11, 2017
886 posts
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
Member Since Jul 23, 2020
759 posts
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.
Aug 19, 2020 at 23:25
Member Since Jul 19, 2020
788 posts
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
Member Since Jul 20, 2020
298 posts
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 08:16
Member Since Jul 19, 2020
298 posts
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.
Aug 24, 2020 at 15:37
Member Since Jul 19, 2020
751 posts
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
Member Since Mar 17, 2021
536 posts
Apr 21, 2021 at 16:35
Member Since Mar 17, 2021
536 posts
Roberto21 posted:Yes. I agree with you.
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.
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