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Profit targeting

Gririns
Oct 05 at 19:22
posts 6
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.

RobSchiz
Oct 06 at 19:55
posts 446
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.

SteveHanks
Nov 24 at 20:20
posts 446
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)
Hier à 12:17
posts 143
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.
croisssan
Il y a 19 heures
posts 477
It should be understood that profit in trading is not easy to get. You need to be prepared for this.

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