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Profit targeting

UweMoench
Mar 17 at 13:59
posts 589
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.

LyudmilLukanov
Mar 17 at 17:13
posts 588
It is important to know your limit of risk tolerance and profit. So, know those from demo practice.

DanialWales
Mar 18 at 12:48
posts 17
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.

CraigMcG2020
Mar 19 at 08:21
posts 131
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important

AliaDare
Mar 19 at 17:30
posts 632
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.

SofieAndreasen
Mar 21 at 17:43
posts 614
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.

olivejohnston
Apr 05 at 11:23
posts 6
Just because everyone else is making profits doesn’t mean you can too. You better understand your limits and set your goals accordingly.

milletplum
Apr 05 at 11:36
posts 9
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

LukeRachel
Apr 06 at 01:04
posts 326
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.

dougbowman
Apr 07 at 11:30
posts 2
Just because everyone else is making profits doesn’t mean you can too. You better understand your limits and set your goals accordingly.

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