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how to set goals and targets in forex

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anca1987

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Targets for beginners do not focus too much on profit first, prioritizing the resilience of the account to be safe and not a margin call. If in a few months there is no margin call, then it can go up to the next stage, namely developing an account.
#16 - February 10, 2019, 12:42:34 AM
« Last Edit: July 31, 2024, 01:18:17 AM by Admin »

Tahajud

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Quote from: Aranchar on February 09, 2019, 04:27:09 PM
hello sir

in my opinion if the target is to use the percentage of its properties is not good.
I personally have a capital of 100 $, targeting a daily profit of 3 $ and a loss of 1 $
and I will not enter the market to open a position if there is no entry signal in accordance with the technique that I use
A target that is quite rational and very likely to be achieved. Indeed, making that target must be realistic in accordance with our abilities both in terms of balance or capital and in terms of our abilities. with realistic targets, we will not be burdened and trading will be the maximum result



#17 - February 10, 2019, 01:02:23 AM

ASHfx

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in my opinion in this risk-filled trade, it's better to be consistent in trading, and to prioritize discipline, must be committed to the initial strategy. keep in mind greedy is not very good
#18 - February 10, 2019, 01:21:18 AM
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Alim muntolib

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Quote from: rendipepe on February 09, 2019, 06:50:25 PM
if I personally combine money management with a journal in a booklet, if we leave money management we can correct our small mistakes so that the target is fulfilled.
very well suited, every business we have there must be a trade journal and also bookkeeping from the results of our actions in the business. it is very important as an evaluation material in the future.
#19 - February 10, 2019, 01:30:59 AM

rendipepe

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Quote from: Alim muntolib on February 10, 2019, 01:30:59 AM
very well suited, every business we have there must be a trade journal and also bookkeeping from the results of our actions in the business. it is very important as an evaluation material in the future.
right if we have language for our evaluation, so we have provisions for the future, and enough to see a small note of what our mistakes were yesterday to be able to be repaired and not repeated, we are targeted to succeed in forex trading.
#20 - February 10, 2019, 01:33:46 AM

Malik

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my target was unrealistic at all, $50 balance with $1000 target a month, but why i do this? for my motivation, so if i loss a couple buck, i say to my self, the journey is still far, dont give up. and i back with new spirit!
#21 - February 10, 2019, 01:37:39 AM
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Aranchar

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Quote from: Tahajud on February 10, 2019, 01:02:23 AM
A target that is quite rational and very likely to be achieved. Indeed, making that target must be realistic in accordance with our abilities both in terms of balance or capital and in terms of our abilities. with realistic targets, we will not be burdened and trading will be the maximum result


right sir
if we set a target that is too high, even when trading we become burdened with the target
it's better to find just enough targets
and we can be reached
#22 - February 10, 2019, 02:20:35 AM

Malik

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Quote from: rendipepe on February 09, 2019, 06:50:25 PM
if I personally combine money management with a journal in a booklet, if we leave money management we can correct our small mistakes so that the target is fulfilled.
why you combine it?, why dont you split it? 
#23 - February 10, 2019, 03:14:03 AM

Agus al huda

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Quote from: Malik on February 10, 2019, 01:37:39 AM
my target was unrealistic at all, $50 balance with $1000 target a month, but why i do this? for my motivation, so if i loss a couple buck, i say to my self, the journey is still far, dont give up. and i back with new spirit!
okay trader friend, how big is the target effect in trading? I think personal trading without a target can be but is not realistic. but does trading have to be targeted? what is our realistic target?
#24 - February 10, 2019, 03:42:38 PM

Purple

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my suggestion is that the trading target must be realistic around 10% / month is quite easy with the coin tossing technique can be achieved but don't forget to install the SL TP with a ratio of 1: 2
#25 - February 10, 2019, 03:48:24 PM

zhamal andreal

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I think it is good in applying how much the target is, if you have made a decision that is 5% income in a month it is still realistic and still logical, and the most important is how long we can follow a rule that we have made, and to be able to get it just need to be disciplined I think
#26 - February 10, 2019, 03:56:04 PM
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Madealvin

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Learn to trade with a demo account first if the 5% target profit has been reached for 3 months and then enter the real deposit account with small capital first. If the real account can last for 3 months, do not look for profit first if you get the profit is a bonus.

After 3 months of surviving, just chase your monthly target. Maintain your trading system don't forget to study and review every week.
#27 - February 11, 2019, 04:23:23 AM
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Bayu maryanto

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Good afternoon bro ... if I am in a trade I will not limit ... because if I have an opportunity for entry, I will enter the market but if I don't have a chance in that day, I will not enter first. so there is no limit or maximal in my entry
#28 - February 11, 2019, 04:30:34 AM
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Agus al huda

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Quote from: Bayu maryanto on February 11, 2019, 04:30:34 AM
Good afternoon bro ... if I am in a trade I will not limit ... because if I have an opportunity for entry, I will enter the market but if I don't have a chance in that day, I will not enter first. so there is no limit or maximal in my entry
mean you are a trader moment? trading based on the right moment. Very good too, but I am not suitable for that type, where I open MT4 where I open.
#29 - February 11, 2019, 06:45:34 AM

Bayu maryanto

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Quote from: Agus al huda on February 11, 2019, 06:45:34 AM
mean you are a trader moment? trading based on the right moment. Very good too, but I am not suitable for that type, where I open MT4 where I open.
ok bro, thank you for your response. yes because every trader has their own character and also have different analysis methods
#30 - February 11, 2019, 07:05:55 AM
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