euro Posted September 17, 2013 Share Posted September 17, 2013 I do not have a daily target cause its too difficult to tell. I would not know how much I can make or lose. I just hope to be around hundred of pips and that would be ok. I do not go to thousands since I will not risk that much money. I also do not use high capital or high leverage. I only hope to make a steady, surely profit so that will yield better results. I think making a couple of hundred dollars is good enough for me. Its better than losing a couple of grand. Quote Link to comment Share on other sites More sharing options...
Decub Posted January 26, 2014 Share Posted January 26, 2014 Even though traders set a target for themselves with the hope of achieving it, it should be set within a time frame and not a day. Setting a daily target in Forex is quite difficult to achieve and all that the trader would most likely do is to allow it span over a period of time to achieve such goal. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 is depend also with you self how much profit earn per day? I think 20/30 pips perday is enough, but must be consistent. thank you earn hundred pips but in next trading you always get lose. Quote Link to comment Share on other sites More sharing options...
standart Posted February 8, 2014 Share Posted February 8, 2014 I have no specific target. it just make me pressured if too high and make me to losing opportunity to get higher profit if I am set it too low. better I am keep being flexible by accept how high or how low the market provide it to me. the most important is I am able to generate profits more than losses. Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 9, 2014 Share Posted February 9, 2014 you right is not have specific traget earn per day, however if you can earn 5 points per day that is enough than you not have earn any points, forex trading is very flexible opportunity to earn profit. Quote Link to comment Share on other sites More sharing options...
forexlover Posted February 10, 2014 Share Posted February 10, 2014 I have a daily target in forex. My target is 5-6 bulks in a day. I am a good trader and this amount is not enough for me. I can earn more bulks but my average earning is 5-6 bulks per day. Now I am getting more knowledge of forex. And I think that my target will also increase as my knowledge is increasing. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 10, 2014 Share Posted February 10, 2014 i can happy when i can get the 10 % profit in the foerex when i can make the trade it is best for me i can get some profit so its a good one for me i can't make my self greedy in the forex tradeing because by greedy people loss monney in the forex when they make trade Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 22, 2014 Share Posted February 22, 2014 Well i dont have daily target what i have is like weekly target or monthly target this is what keep me going in the normal direction because for what I know if you dont have a set target for yourself there is no way which you are going to succeed in forex : but we dont need to set our target too high so that we can archive it Quote Link to comment Share on other sites More sharing options...
Decub Posted February 23, 2014 Share Posted February 23, 2014 I don't usually trade everyday and don't hope to because of the tendency of over trading which is that wouldn't do me any good. Daily target is highly unrealistic and even though a trader sets same for himself, might just not achieve it. The most important thing is your ability to make profits. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 18, 2014 Share Posted April 18, 2014 I really feel Each and every trader have their selected assortment regarding this only one, a lot of them even have most unreasonable concentrate on but i Nevertheless see many them that also have truthful concentrate on to attain working day-to-working day. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted April 18, 2014 Share Posted April 18, 2014 My daily trading goal is to trade according to my plan. Today I will stick to my plan because it is detailed, specific, tested and profitable. I am confident that I have the self discipline to adhere to it which, in turn, will ensure that my weekly, monthly and annual goals are met. Let's Try : Myfxbook Autotrade - Choose a trading system and trust your funds to carefully picked strategy Quote Link to comment Share on other sites More sharing options...
Decub Posted April 19, 2014 Share Posted April 19, 2014 Well, for the days I trade, I can set a target of 5% of my trading capital and hope to achieve that too. Not that it must come to reality at all times but in a bid to make profit from the business and also manage risks, I try to not go too high and not also to come too low in terms of setting a target for myself. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 19, 2014 Share Posted April 19, 2014 A great deal of individuals guard contemplating the candles how they appear and go. I tend not to Definitely perception this can be a clever difficulty to try and do. We don't actually want to take care of considering the chart just comparable to this. But we have to compute much more. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 19, 2014 Share Posted April 19, 2014 some have their aspiration every day take into account given that I sense several different us remain not routinely earning some Outstanding regular of earnings, It may very well be proceed to with regard to the portion by which The share of getting rid of is greater than thriving. Quote Link to comment Share on other sites More sharing options...
Stekin Posted April 19, 2014 Share Posted April 19, 2014 I used to target some times ten pops in a day and some times twenty pips and it will depend on how the market is for me to trade in it. If I make up to ten pips in some days, I will close my trade for that day and in some days, if I make twenty pips, I will stop. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 26, 2014 Share Posted April 26, 2014 @waseem, sure, targets are good as they draw out a line for you to follow. If a trader is such that sets a good target for himself and also works towards realizing it, then he can always make a better trader out of it. It is about the preparation we lay for ourselves and the knowledge we present through for ourselves as well. Quote Link to comment Share on other sites More sharing options...
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