To make a simple and effective profit target can be done by:
A. Focus on Improving How to Trading and Analysis
We may discuss simple and complicated profit targets but in the end it can all be discussed comfortably if it can be a consistent profit. For example, the trader has not been able to consistent profit, it feels less right if you have discussed the profit target. Moreover, it is not uncommon for every Trader Entry always in Floating Loss, of course this must be repaired first so that the new consistent profit will be fitting to discuss profit targets.
b. Create a realistic profit target
We can make a realistic profit target by comparing yourself to world traders. For example, the most great world traders can make profit by 30 percent every year. So this means that we are still amateurs, they do not need to make profit targets that are far greater than 30 percent a year. Enough to make a 3 percent profit a month it seems good, especially if it can be 5 percent every month maybe it feels to exceed the greatness of the world's traders