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Realistic Target of a Beginner Trader

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Tahajud

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The following is an example of a short-term realistic target for a beginner trader as well as the first step to determining a long-term target:


  • Can trade correctly.
    do not focus too much on the profit generated, make a target such as in a few times the trade does not lose or click the mode if the loss just starts looking for profit every time open the position. To be able to achieve these short-term targets you must have an effective trading strategy and * good money management *. Make a trading plan according to the strategy and run it with discipline. You should always be consistent in carrying out the process. Just focus on the final process.
  • Do not first target trading for living You will be required to generate profits more often so that it can cause mental stress that makes it difficult for you to control your emotions by making trading a source of income. This can make you overtrade and destroy your account. 3. really like trading.
    when profit or loss we should not be angry with the market or adore it when profit, by loving our trading means that we will be ready to accept trading when we are happy or sad.



Linkback: https://www.forex.zone/forex-education/29/realistic-target-of-a-beginner-trader/1043/
#1 - February 09, 2019, 10:31:37 AM
« Last Edit: July 31, 2024, 01:21:40 AM by Admin »

Lordmishi

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Quote from: Tahajud on February 09, 2019, 10:31:37 AM
The following is an example of a short-term realistic target for a beginner trader as well as the first step to determining a long-term target:



  • Can trade correctly.
    do not focus too much on the profit generated, make a target such as in a few times the trade does not lose or click the mode if the loss just starts looking for profit every time open the position. To be able to achieve these short-term targets you must have an effective trading strategy and * good money management *. Make a trading plan according to the strategy and run it with discipline. You should always be consistent in carrying out the process. Just focus on the final process.
  • Do not first target trading for living You will be required to generate profits more often so that it can cause mental stress that makes it difficult for you to control your emotions by making trading a source of income. This can make you overtrade and destroy your account. 3. really like trading.
    when profit or loss we should not be angry with the market or adore it when profit, by loving our trading means that we will be ready to accept trading when we are happy or sad.

Thank you for sharing my friend, i love to read something like this.
Actually, im agree with you, we have to be realistic in forex, dont dream too high or you will fall too hard, for me with $100, get profit $10 or $20 a day is very realistic, not greedy with the market, is the key
#2 - February 09, 2019, 12:26:02 PM

Tahajud

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Quote from: Lordmishi on February 09, 2019, 12:26:02 PM
Thank you for sharing my friend, i love to read something like this.
Actually, im agree with you, we have to be realistic in forex, dont dream too high or you will fall too hard, for me with $100, get profit $10 or $20 a day is very realistic, not greedy with the market, is the key

Targeting something realistic in accordance with our abilities either in balance or trading capital or in our abilities and experience. Because if we make an unrealistic target the results will be very bad
#3 - February 09, 2019, 12:42:37 PM

Lordmishi

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Quote from: Tahajud on February 09, 2019, 12:42:37 PM
Targeting something realistic in accordance with our abilities either in balance or trading capital or in our abilities and experience. Because if we make an unrealistic target the results will be very bad

Couldn't agree more with you, thats why we should know our capacities and always grateful to the god, because he gave us such opportunity to profit
#4 - February 09, 2019, 01:57:42 PM

Black_Koujee

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Quote from: Tahajud on February 09, 2019, 12:42:37 PM
Targeting something realistic in accordance with our abilities either in balance or trading capital or in our abilities and experience. Because if we make an unrealistic target the results will be very bad

something excessive is not good.
So it's best before setting a target, first calculate our abilities. Both the ability and capital. It doesn't make sense with our $ 10 target capital of $ 50. That's very imposing.
#5 - February 09, 2019, 02:03:50 PM

ariezz

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The point is we have to trade with lots according to the capital that we have, have a target according to our ability to achieve it and not have targets that exceed our capabilities.

To be able to find out our abilities we can see from the trading journals we have, whether we can achieve such targets or be overwhelmed, see also our drawdown trading whether it is reasonable or unrealistic.
#6 - February 09, 2019, 02:28:35 PM

Tahajud

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Quote from: Lordmishi on February 09, 2019, 01:57:42 PM
Couldn't agree more with you, thats why we should know our capacities and always grateful to the god, because he gave us such opportunity to profit

If we have realistic targets in accordance with our abilities, we will not be burdened and trading will feel comfortable to do, so that the possibility of achieving it will be very large or our minimum trading will have maximum results.
#7 - February 09, 2019, 05:24:05 PM

Tahajud

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Quote from: Black_Koujee on February 09, 2019, 02:03:50 PM
something excessive is not good.
So it's best before setting a target, first calculate our abilities. Both the ability and capital. It doesn't make sense with our $ 10 target capital of $ 50. That's very imposing.

totally agree with you. Targets that exceed our ability will only make us burdened, and if the trade is burdened then the results will be very bad, not the target we will achieve, but we will get loss after loss.
#8 - February 09, 2019, 05:26:31 PM

Tahajud

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Quote from: ariezz on February 09, 2019, 02:28:35 PM
The point is we have to trade with lots according to the capital that we have, have a target according to our ability to achieve it and not have targets that exceed our capabilities.

To be able to find out our abilities we can see from the trading journals we have, whether we can achieve such targets or be overwhelmed, see also our drawdown trading whether it is reasonable or unrealistic.

That's right, and that's the point we make a trading journal, so we can monitor the performance of our trading and we can judge for ourselves how we are, so that it will be very easy for us to determine targets that are in line with our abilities
#9 - February 09, 2019, 05:28:46 PM

Ariyudin

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if for a beginner trader the realistic target for the first stage is of course the trading account can last for a long time. Because it is still a beginner trader and in the process of learning, of course, it is more focused on learning the science of trading and improving its trading skills, so no matter how small the profits are, it doesn't matter whether it's still a learning process. Later also by itself if you have mastered the science of trading as well as increased trading skills indirectly traders also can increase their profit also in accordance with the resilience of capital as well of course, all is just a matter of time.
#10 - February 10, 2019, 11:04:38 AM

jiwo tedjo

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Quote from: Tahajud on February 09, 2019, 10:31:37 AM
The following is an example of a short-term realistic target for a beginner trader as well as the first step to determining a long-term target:



  • Can trade correctly.
    do not focus too much on the profit generated, make a target such as in a few times the trade does not lose or click the mode if the loss just starts looking for profit every time open the position. To be able to achieve these short-term targets you must have an effective trading strategy and * good money management *. Make a trading plan according to the strategy and run it with discipline. You should always be consistent in carrying out the process. Just focus on the final process.
  • Do not first target trading for living You will be required to generate profits more often so that it can cause mental stress that makes it difficult for you to control your emotions by making trading a source of income. This can make you overtrade and destroy your account. 3. really like trading.
    when profit or loss we should not be angry with the market or adore it when profit, by loving our trading means that we will be ready to accept trading when we are happy or sad.
Your writing reminds me of the beginning of learning trading where things like that are very difficult to implement, even now there are a few things that I can't consistently do.
#11 - May 26, 2019, 03:07:35 AM

Kingforex

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realistic targets for beginners are not too many, enough 2-5% between TP and SL.
#12 - May 26, 2019, 03:12:04 AM

Armel

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With our ability in balance or trading capital or in trading skills too. beginners definitely have no trading ability so the realistic target cannot be determined yet.
#13 - May 26, 2019, 03:38:48 AM

burhan

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Usually traders who have successfully loved trading jobs, always want to know the development of the market and want to be the best trader. Your target should not be just a trader but really love trading work so that you can motivate you to be able to trade better.
#14 - May 26, 2019, 04:01:02 AM

mahuni

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for Target beginners is the most important part of achieving success in any field of work including forex trading. However, often the target is difficult to achieve because it exceeds what should be achieved.
#15 - May 26, 2019, 04:10:33 AM
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