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Profit targeting

lisabethluke
Apr 14 at 07:41
posts 12
Every trader uses different strategies and hence, makes different profits. Don’t set unrealistic goals because you will end up disappointing yourself otherwise.

violatubawhirl
Apr 14 at 11:39
posts 9
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

melbaortega
Apr 23 at 11:30
posts 15
Yes, it is very important for a trader to know about these aspects in trading.

lovefortrading (perryjohn765)
Apr 23 at 12:55
posts 238
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

RobSchiz
Sep 14 at 19:19
posts 383
lisabethluke posted:
Every trader uses different strategies and hence, makes different profits. Don’t set unrealistic goals because you will end up disappointing yourself otherwise.

I agree with you.

ohmaria
Sep 15 at 10:34
posts 10
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.

pigeontrader
Sep 15 at 10:35
posts 6
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

ohmaria
Sep 15 at 10:37
posts 10
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.

croisssan
Sep 15 at 13:26
posts 335
Absolutely right. It all depends on personal characteristics.

Unellene
Sep 17 at 11:07
posts 283
I always advise you to do everything to develop yourself and improve your profits, no matter what you do

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