Limit profit

every time you trade you have to know what your goal is according to your abilities. If you don't limit your profits then it will be difficult for you to get it and you will be someone who doesn't know the direction.

All traders are required to have a profit limit, a limit where you will stop when you have made that profit, because if you don't use it, you will be greedy. You will continue to trade to get big profits, which I'm afraid will happen when you get the wrong position and in the end you If you lose, your emotions will regret it.

Having a profit limit to achieve is an obligation, so when we have reached the profit limit that we have determined, we have to stop, but when we don't have a clear goal, we will be confused about the limit to which we can make a profit.

When you want to be successful and want to be consistent, it is obligatory to set a profit limit for trading because when you have limited your profits well then you can rest assured that you can be consistent to always get consistent profit results.

limiting profits is a good thing because when you don't limit your own profits, how can you be consistent, how can you learn to make things easier? Limiting profits makes us less greedy, makes it easier for us to achieve targets.

before you carry out the execution you must have your target first. When you don't have a target then you won't know your goal because setting a profit limit is important so that when you get the profit you stop because when you don't set a profit limit then you will continue to do so.  Open positions will cause you to be psychologically unstable and you will become a greedy person

There is no specific limit to the amount you can make from forex trading, as it depends on various factors such as your trading strategy, the amount of capital you have, and the market conditions.

Limiting profits is the same as managing trading and it is very necessary and it is something that must be done, sometimes it is easier for a trader to achieve large profits, but if we are too greedy in taking profits it can be dangerous, because if later we are greedy about wanting to always make a profit. many of which could actually be the opposite, which could result in a loss or even a Margin call