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if your target has stopped or continued?

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Bintang

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Wkwkwkwk ... Actually these questions often come to me. That's where I will be tested. How do I control the emotions of my lust, continue there after the target has been collected. It is an action that is very difficult to control emotions. But on my planning, when the profit has reached the target, stop enough to get there. On the other hand there are lusts who want to continue because of market conditions that might be very profitable for me. And that is the hardest trial in trading. Wkwkwkwk
#16 - February 11, 2019, 09:03:45 AM

mohammad mmufroil

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Quote from: rendipepe on February 08, 2019, 04:11:53 AM
if you have reached the profit target, what are you doing?
if I myself spend with my family
it's better to stop trading, immediately close the MT4 chart and immediately turn your mind to something else so that the mind returns fresh and clear again. But if 1 or 2 times look at the chart again, it is likely that the trader will return to the transaction that made him violate his own management.
#17 - February 11, 2019, 09:30:47 AM

blinkid

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Quote from: rendipepe on February 08, 2019, 04:11:53 AM
if you have reached the profit target, what are you doing?
if I myself spend with my family
If I have reached the profit target that I have set before, then I have to stop trading and do other useful activities such as gathering with family, or hanging out with friends, and some. Because then I will be able to enjoy life more from the work that has been obtained. In addition, it can also be disciplined in carrying out the trading strategies that are made.
#18 - February 16, 2019, 06:07:28 AM

Isna Yanti

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it seems like I will continue my target,I tried to pursue this job to success, of course, when I have got a target or provocation, this might mean a lot to my family, I hope it can make my parents happy
#19 - February 16, 2019, 06:17:09 AM

ariezz

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Quote from: blinkid on February 16, 2019, 06:07:28 AM
If I have reached the profit target that I have set before, then I have to stop trading and do other useful activities such as gathering with family, or hanging out with friends, and some. Because then I will be able to enjoy life more from the work that has been obtained. In addition, it can also be disciplined in carrying out the trading strategies that are made.
I agree with your statement, indeed after the target is reached we must stop and do other activities to maintain our mood and psychology and our efforts in obeying the trading rules that we have set.
#20 - February 16, 2019, 06:30:18 AM

Ariyudin

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I am including a trader who uses profit targets and daily loss targets. if one of the targets is fulfilled then it's time for me to end the trading activity that day. immediately close the laptop and continue other work. the advantage of having a daily target makes trading more organized and easier to discipline. if trading does not have a daily target, it tends to continue trading. even though the profit is already quite a lot it still feels lacking, so is the loss, even though it's already quite a lot but still open a position.
#21 - February 16, 2019, 07:23:15 AM

blinkid

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Quote from: ariezz on February 16, 2019, 06:30:18 AM
I agree with your statement, indeed after the target is reached we must stop and do other activities to maintain our mood and psychology and our efforts in obeying the trading rules that we have set.
It is true, if it does not immediately stop its trading activities when the target has been reached it will usually be very risky when looking at market movements that are so tempting, often our psychology is affected by it so it becomes unstable. Therefore we must be able to be disciplined in applying these trading strategies in order to avoid things that will actually harm us.
#22 - February 16, 2019, 11:39:23 AM

ariezz

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Quote from: blinkid on February 16, 2019, 11:39:23 AM
It is true, if it does not immediately stop its trading activities when the target has been reached it will usually be very risky when looking at market movements that are so tempting, often our psychology is affected by it so it becomes unstable. Therefore we must be able to be disciplined in applying these trading strategies in order to avoid things that will actually harm us.
Our trading psychology usually dominates here, when we are in confusion between stopping trading or continuing after getting a target, if a trader manages to refrain from trading then the discipline is good.
#23 - February 16, 2019, 11:57:03 AM

rinshei

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Quote from: rendipepe on February 08, 2019, 04:11:53 AM
if you have reached the profit target, what are you doing?
if I myself spend with my family
i dont have profit target until market close on friday, as for daily target, maybe 50% from my equity is good enough, but if there is an opening i will still trading, and if achieved some target that i dont really set, i spent the day by playing dota, if there is work, of course i will work
#24 - February 17, 2019, 03:35:47 AM

trader ndeso

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Quote from: rinshei on February 17, 2019, 03:35:47 AM
i dont have profit target until market close on friday, as for daily target, maybe 50% from my equity is good enough, but if there is an opening i will still trading, and if achieved some target that i dont really set, i spent the day by playing dota, if there is work, of course i will work
turned out to be a fan of DOTA games huh;D?

yes my master also like that and never set a target of a percentage of forex, because it will be disappointed if it is not reached and very disturbing psychology in trading on the market, and it's good we are grateful for whatever we can because that's the fortune that God gave us,
#25 - February 17, 2019, 01:10:03 PM

ngs1979

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Quote from: rendipepe on February 08, 2019, 04:11:53 AM
if you have reached the profit target, what are you doing?
if I myself spend with my family
What is clear is that every trader must have a weekly or monthly daily target, it is true to apply discipline in trading if the target has been fulfilled, we should stop, because this is included in the greedy category if the target is fulfilled but still open the position again.
if I depend on the situation and conditions if there are still good opportunities why not continue,
in my opinion this is a back test for me with the method that I use, to become a consistent trader it is not the final goal but the process. the exploration is obligatory for traders.
#26 - February 17, 2019, 03:34:59 PM

Culun

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Quote from: rendipepe on February 08, 2019, 04:11:53 AM
if you have reached the profit target, what are you doing?
if I myself spend with my family
if I have received daily profits, I will not continue trading again, waiting until tomorrow.
#27 - February 17, 2019, 03:55:01 PM

Ariyudin

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Quote from: trader ndeso on February 17, 2019, 01:10:03 PM
turned out to be a fan of DOTA games huh;D?

yes my master also like that and never set a target of a percentage of forex, because it will be disappointed if it is not reached and very disturbing psychology in trading on the market, and it's good we are grateful for whatever we can because that's the fortune that God gave us,
The most important thing is not to target the daily burden on the trader himself, for example, the trader must get 10 $ per day, the trader will try to open the position of the canal until it is reached, whereas on the other hand the market is not good for open positions. happens, then trading should not be a burden but just enjoy it, there is a good chance to do an open position, the market is not good just wait for the moment
#28 - February 18, 2019, 06:26:30 AM

bagaskara30

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I once forced myself to enter the market even though I had reached my daily target. it actually made me lose the target and even made a loss. so now if I have reached the target, I will stop and see the market movement and analyze it a bit to look for profit the next day
#29 - February 18, 2019, 07:38:43 AM

Isna Yanti

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Hello everyone, now my target has not been achieved so I am working hard to achieve the target I want. in this forum I hope I will be as successful as others. thank you
#30 - February 18, 2019, 07:46:52 AM
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