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Profit target?

Michihito
Dec 23 2020 at 12:18
posts 298
Actually everyone's expectation is different. Understanding, knowledge and strategy are also different. Yes 10 to 20 pips per day can be good enough if you can consistently make it. And when your target is 10 pips daily you may be need to increase your lot size. Hence risk comes. You have to be skilled and disciplined.

LyudmilLukanov
Dec 23 2020 at 17:38
posts 670
Set TP according your risk reward ratio. I use minimum 1:2 risk reward and set TP according to that ratio.

muhairil92
Dec 23 2020 at 19:33
posts 4
LeviSievwright5
Dec 24 2020 at 01:23
posts 298
I trade monthly with a target of 200 pips. If you do not meet the target, then think of moving forward with a positive mindset.

markfinch
Dec 31 2020 at 07:26
posts 3
My target always is 10 to 15 pips. Can’t afford big losses at this time in my life.

Arpad6464teg
Dec 31 2020 at 12:26
posts 4
My projected expectations are about 40-60 pips per trade. It is convenient for me to trade in this way. This is my trading strategy.

Reddawg (reddawg5345)
Dec 31 2020 at 23:15
posts 1
I'm an intraday/ intraweek trend trader. My ratio is 1:1.75. I've found I miss out on 1:1.5 and 2:1 I break even more than I would like. The 2 latter mess with my Psych in my trading system, so I stick with 1.75. Hopefully, this helps. Happy New Years and Cheers!

Seek first to understand, then be understood.
AliaDare
Jan 01 at 01:28
posts 703
In addition to creating a strategy, it is important to focus on profit targets. If there is no target for profit, then this kind of mentality can be a problem.

LeviSievwright5
Jan 01 at 01:52
posts 298
If there is a target for anything, it becomes easy to achieve that thing. Therefore, it is essential to have a profit target in trading.

SofieAndreasen
Jan 01 at 16:48
posts 689
My profit target varies on market condition and strategy. I have no fixed TP.

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