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Profit targeting
Uczestnik z Jul 19, 2020
751 postów
Mar 17, 2021 at 13:59
Uczestnik z Jul 19, 2020
751 postów
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.
Uczestnik z Jul 23, 2020
869 postów
Mar 17, 2021 at 17:13
Uczestnik z Jul 23, 2020
869 postów
It is important to know your limit of risk tolerance and profit. So, know those from demo practice.
Uczestnik z Jul 20, 2020
399 postów
Mar 19, 2021 at 08:21
Uczestnik z Jul 20, 2020
399 postów
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Uczestnik z Jul 19, 2020
788 postów
Mar 19, 2021 at 17:30
Uczestnik z Jul 19, 2020
788 postów
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.
Uczestnik z Jul 23, 2020
759 postów
Mar 21, 2021 at 17:43
Uczestnik z Jul 23, 2020
759 postów
AliaDare posted:It is good to have goal. It gives inspection and motivation. However, don’t force your trading plan to achieve that goal.
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.
Uczestnik z Apr 01, 2021
6 postów
Uczestnik z Apr 05, 2021
9 postów
Uczestnik z Mar 16, 2021
477 postów
Apr 06, 2021 at 01:04
Uczestnik z Mar 16, 2021
477 postów
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.
Uczestnik z Apr 01, 2021
2 postów
Uczestnik z Apr 03, 2021
12 postów
Uczestnik z Apr 14, 2021
9 postów
Uczestnik z Jan 07, 2021
15 postów
Uczestnik z Sep 12, 2017
238 postów
Apr 23, 2021 at 12:55
Uczestnik z Sep 12, 2017
238 postów
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
Sep 15, 2021 at 10:34
Uczestnik z Sep 14, 2021
10 postów
CraigMcG2020 posted: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.
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
Uczestnik z Sep 15, 2021
9 postów
Sep 15, 2021 at 10:35
Uczestnik z Sep 15, 2021
9 postów
ohmaria posted:CraigMcG2020 posted: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.
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
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
Sep 15, 2021 at 10:37
Uczestnik z Sep 14, 2021
10 postów
pigeontrader posted:Interesting approach. I think it all depends on every trader's strategy when it comes to forex trading.ohmaria posted:CraigMcG2020 posted: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.
Your profit target should be fluid. Check the markets, check the fundamentals check your risk to reward. All are important
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
Oct 05, 2021 at 19:22
Uczestnik z Jun 04, 2021
8 postów
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.
Uczestnik z Mar 17, 2021
536 postów
Nov 24, 2021 at 20:20
Uczestnik z Mar 17, 2021
536 postów
RobSchiz posted:But A trader can boost himself by setting a profit margin.Gririns posted:You can not trade here by fixing your profit margin.
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.
Uczestnik z Apr 09, 2019
538 postów
Nov 29, 2021 at 12:17
Uczestnik z Apr 09, 2019
538 postów
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.
Dec 01, 2021 at 06:51
Uczestnik z Nov 23, 2021
34 postów
Setting a profit target is important to restrict yourself from over trading. It psychologically sets a limit. Everytime I reach my profit target it reminds me that I’ve reached my goal and I should now focus on protecting my profits instead of losing it by opening unnecessary positions.
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