Limit profit

setting profit limits will make us self-aware for something

Yes, you should limit profits because of course by limiting profits, you won't over trade too much which will make you tired.

Limiting profit in forex trading is an important risk management tool for traders. It helps traders protect their gains and limit their losses. By setting a maximum level of profit that can be taken, traders can protect their investments and maintain a consistent level of risk. Properly setting and managing limits can help traders stay disciplined and manage their risk effectively. Limits can be set in terms of money, pips, percentage of the account balance, or other criteria. When the limit is reached, the trader should close the position and take their profits. This can help traders maximize their profits while also limiting their losses.

When you set a profit limit there you will be consistent

Setting profit targets is an essential part of risk management in forex trading. It involves setting a specific level of profit to take and closing the trade once that level is reached to lock in profits and reduce the risk of losing them in a market reversal.

making profit limits is a condition that we really need and use

profit limit is a limitation that we really have to use correctly so that it is consistent

Our profit limit should not be too little because if it is too little we will spend too much time just online.