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Profit target?

Michihito
Dec 23 2020 at 12:18
298 ieraksti
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
733 ieraksti
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
4 ieraksti
LeviSievwright5
Dec 24 2020 at 01:23
298 ieraksti
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
3 ieraksti
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
4 ieraksti
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
1 ieraksti
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 2021 at 01:28
758 ieraksti
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 2021 at 01:52
298 ieraksti
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 2021 at 16:48
734 ieraksti
My profit target varies on market condition and strategy. I have no fixed TP.

turduckenpant
Jan 21 2021 at 09:39
29 ieraksti
You are right to point out the risk factor associated with increasing the lot size. This is something newbies should be aware of.

triciawilsonn
Mar 05 2021 at 04:22
16 ieraksti
Yes, that is right. 10 pips a day is very good for a trader.

Chelsea Blacks (blackChelsea)
Mar 09 2021 at 10:43
111 ieraksti
Trading for 20 pips is sufficient for me with a few hours of brainstorming sessions on forex trading. I keep in mind that my greed must not eat my earnings. I close the trades and rest.

winifredbass
Mar 31 2021 at 04:54
20 ieraksti
Yes, the target can be adjusted with the lot size and the risk can be minimised with it.

Beagelv
Mar 31 2021 at 07:23
81 ieraksti
This is a good option for avoiding risks and minimizing losses.

UweMoench
Mar 31 2021 at 14:36
737 ieraksti
Most traders have unrealistic profit target. Market moves all the time doesn't mean you can have absurd target. Our target should match our trading ability.

AliaDare
Mar 31 2021 at 17:51
758 ieraksti
Anything should have a goal. Trading will be much easier if the goal is managed properly. It is very important to have a profit target in similar trading. If the profit target is not set properly, some uncontrolled trading takes place.

Reece Rispoli (reece22)
Apr 01 2021 at 09:39
67 ieraksti
Tremblay
Jul 06 2021 at 16:25
330 ieraksti
AliaDare posted:
Anything should have a goal. Trading will be much easier if the goal is managed properly. It is very important to have a profit target in similar trading. If the profit target is not set properly, some uncontrolled trading takes place.

Without a proper goal, no trader can survive in this market.

LukeRachel
Jul 25 2021 at 12:35
451 ieraksti
Achieving is easy if you have a target in anything. The same goes for trading. If you can trade with the right knowledge and set goals, it will be much easier to make a profit.

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