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Limit profit

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Aranchar

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Quote from: Bayu maryanto on February 10, 2019, 12:54:58 AM
as long as you are trading in this forex world. do you limit what your profit is? and whether you have enough to get your profits during your trading
I laugh a little at reading this thread
limit profit.
I don't think it's limiting profit but making a profit target plan
if we limit the profit whether we will only limit our profit by 2 $ / day?

I don't think you will limit your profit
existing ones you will continue to search for and multiply profits
#46 - March 04, 2019, 07:29:54 AM

Ariyudin

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Quote from: Aranchar on March 04, 2019, 07:29:54 AM
I laugh a little at reading this thread
limit profit.
I don't think it's limiting profit but making a profit target plan
if we limit the profit whether we will only limit our profit by 2 $ / day?

I don't think you will limit your profit
existing ones you will continue to search for and multiply profits
But it can also limit profit so that it is not greedy in trading because if we are not restricted it can cause seriousness, but it really depends on how we manage our account.
#47 - March 14, 2019, 05:18:03 AM

Culun

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Quote from: Ariyudin on March 14, 2019, 05:18:03 AM
But it can also limit profit so that it is not greedy in trading because if we are not restricted it can cause seriousness, but it really depends on how we manage our account.
is it better to use take profit (TP) or Trailing stop (TS)?

to secure the profit.
#48 - March 14, 2019, 06:04:41 AM

Fadeel99

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Quote from: Bayu maryanto on February 10, 2019, 12:54:58 AM
as long as you are trading in this forex world. do you limit what your profit is? and whether you have enough to get your profits during your trading
My profit target is that my trading account lasts longer and grows and forgets what the MC is,
#49 - March 16, 2019, 04:39:58 PM

Sant1

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Quote from: Culun on March 14, 2019, 06:04:41 AM
is it better to use take profit (TP) or Trailing stop (TS)?

to secure the profit.
better trailing stop(TS). because when the price goes up then we will be able to follow it and get more profit.

but when the price drops also we can still get profit.
#50 - March 18, 2019, 02:06:37 PM

MonsterFX

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Quote from: Ecy on March 18, 2019, 02:06:37 PM
better trailing stop(TS). because when the price goes up then we will be able to follow it and get more profit.

but when the price drops also we can still get profit.
trailing stop is indeed good, because it will lock in the profits that have been obtained so as not to suffer losses when the price suddenly fights our open position.
#51 - March 20, 2019, 11:56:37 AM

Sant1

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Quote from: MonsterFX on March 20, 2019, 11:56:37 AM
trailing stop is indeed good, because it will lock in the profits that have been obtained so as not to suffer losses when the price suddenly fights our open position.
that's the function. with TS it will be very safe to lock in profits.
many beginners rarely know this, usually they only know SL and TP.
here the importance of a forum, we can learn and share information.
#52 - March 20, 2019, 10:24:02 PM

Ariyudin

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Quote from: Culun on March 14, 2019, 06:04:41 AM
is it better to use take profit (TP) or Trailing stop (TS)?

to secure the profit.
I usually divide lots in one entry, for example 0.10, I usually use 0.05x2 so if the price touches TP, we put trailing stop.
#53 - March 21, 2019, 07:56:08 AM

Nilam

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profit limit so that we are not too eager to pursue profits too big. worried about the market turning around.
#54 - May 20, 2019, 12:31:34 PM

aharon

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Quote from: Bayu maryanto on February 10, 2019, 12:54:58 AM
as long as you are trading in this forex world. do you limit what your profit is? and whether you have enough to get your profits during your trading
Forex market works 24 hours / 5 days. You can make profits anytime, according to your wishes. It's just that forex trading includes High Risk trading. Can provide very high profits, but it can also provide enormous losses. Each trader in targeting profits can be different. There are 1%, 2% - 10% in a month, according to their ability and skills to manage risk.
#55 - May 20, 2019, 01:40:59 PM

Febriana

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Quote from: aharon on May 20, 2019, 01:40:59 PM
Forex market works 24 hours / 5 days. You can make profits anytime, according to your wishes. It's just that forex trading includes High Risk trading. Can provide very high profits, but it can also provide enormous losses. Each trader in targeting profits can be different. There are 1%, 2% - 10% in a month, according to their ability and skills to manage risk.
trading income based on the ability of each treder, and within 24/5 for those who are professionals can generate a lot of profit and consistency.
#56 - May 20, 2019, 04:31:56 PM

ert

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I am not targeting profit because I am a swing trading so sometimes we wait for the right time to open a position, except when my scalping targets my profit
#57 - October 09, 2019, 10:29:16 AM

gutir

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the profit limits for each trader are very different but for me if the profits are deemed sufficient then I will immediately resolve them
#58 - October 11, 2019, 04:01:47 AM

ewer

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my profit target set so that I don't over trade, and keep my psychological condition perfect.
#59 - October 12, 2019, 06:19:49 AM

Antonio

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Quote from: ewer on October 12, 2019, 06:19:49 AM
my profit target set so that I don't over trade, and keep my psychological condition perfect.
Profit targets must be limited, we think realistically about achieving the target, of course, to keep the psychologist good if the target is not achieved, don't be greedy looking for big profits.
#60 - September 21, 2020, 01:13:43 AM
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