Forex Zone - Forex Forum

The Importance of Realistic Forex Trading Targets

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 1161
  • Points: 2955
  • Likes Received: 148
  • Reputation: +6/-8
Realistic it will help us in emotional control and psychology, the more we target something realistic, the more comfortable we are trading, the opposite is increasingly unrealistic our target, our trading will be full of pressure
#61 - May 21, 2021, 09:22:32 AM

  • Hero Member
  • Posts: 3601
  • Points: 0
  • Likes Received: 54
  • Reputation: +5/-7
If indeed we are only in trading done better we focus on the defense of the trading account that we have to always be able to save the capital we have so that it is really big will certainly make it easier for us to avoid the risk of MC, of course we fear in each trading that we do
#62 - May 23, 2021, 12:21:34 PM

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
In trading it becomes realistic or targeting something realistic it is very important, this is so that in the future we can trade properly and correctly without being burdened with targets outside of our abilities
#63 - May 24, 2021, 11:46:32 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Sometimes when we expect to set target wider than the rational target, often the price move in dynamic and before achieved target already move in reversal pattern, in trading about exit point very important, because this will determine the end result in every transaction, but entry point also important to get the best price, I use STP account FXOpen 
#64 - May 24, 2021, 08:03:44 PM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Examining the target, we really need calculation and accuracy so that the target does not backfire, the ability and in terms of using the lot must also be balanced.

So it is true that the target for beginner traders is no exception, I also have to have a size, not haphazard.
#65 - May 28, 2021, 01:31:59 PM

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
I experienced and I felt when you know trading was a feeling of wanting to get rich quick. Because first at the beginning of knowing my friend that trading from millions of capital could be a million million in a short time. Because lay and less know and not thinking long I invested my money to his friend of my friend. As a result, it was not hundreds of millions of millions, but the money didn't even return.

Over time I realized that trading was not as easy as it was to determine the target that was grandiose, especially for beginners.

Then I learned to find a car technique some time. Start me to master the techniques and slowly the land determines the relevant target. So it's realistic in determining the target
#66 - May 29, 2021, 04:06:02 AM

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
The reality is that it is important that we are not stressed and do not waste our trading
#67 - May 30, 2021, 05:19:46 AM

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
If you already have a trading plan, of course there will be no desire to get profit, it is always a great desired result based on trading skills and capital forces. Which means the realistic target has been determined and this is what must be kept by maintaining a mindset to stay healthy and clear.

Don't disturb the mind that can make these realistic targets change for example using loan capital which this will make the burden of the mind. The burden of the mind can make traders do greedy and make realistic targets become messy.
#68 - May 31, 2021, 04:40:41 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
if we say something realistic then it will make our mind lighter in trading
#69 - June 04, 2021, 12:34:24 PM

  • Hero Member
  • Posts: 1007
  • Points: 435
  • Likes Received: 8
  • Reputation: +1/-3
if we set a realistic target this will not burden us, so we can more easily achieve it
#70 - June 07, 2021, 12:41:25 PM

  • Hero Member
  • Posts: 1254
  • Points: 102
  • Likes Received: 175
  • Reputation: +70/-0
As a beginner in this forex world and we don't understand deeply about forex, it would be nice if we consider the forex world as a sideline because we are beginners and don't know what to do in the future. in the future we have mastered the forex world which can earn a very large income or profit and has guaranteed income from our lives that exceed our office income, we can leave the old one because we want to live better than our previous job
#71 - June 10, 2021, 01:34:51 AM

  • Hero Member
  • Posts: 1214
  • Points: 938
  • Likes Received: 29
  • Reputation: +5/-5
Indeed, business in the Forex business if we insist on getting a big profit, it can actually get the MC, therefore a fair treding and using small lots of origin can be consistent will definitely bring profits for us, so the Forex HISE business is made as an alternative additional income, Which if it is deemed or in total for a month, the results will exceed our salary, the point is indeed patient and do not be greedy, the important thing is to produce every day, it's enough.
#72 - June 11, 2021, 11:00:09 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
If we always think realistic in trading we will be able to calm down and relax in trading so that the results will be more maximal
#73 - June 12, 2021, 01:15:57 AM

  • Hero Member
  • Posts: 625
  • Points: 598
  • Likes Received: 6
  • Reputation: +0/-4
that we must have clear and realistic trading goals. because basically playing trading, there must also be goals that can be achieved, maybe with a fairly large profit income or so on. and realistically we can overcome various problems when we get a margin call. or a large enough loss. so indeed when playing trading, we have to be really organized and know the strategy. because kn not just anyone successful in. in trading they must know the various characters of each pair and so on. also accurate analysis of updated news.
#74 - June 16, 2021, 04:53:00 PM

  • Hero Member
  • Posts: 1055
  • Points: 607
  • Likes Received: 5
  • Reputation: +0/-7
Having a realistic target will maintain our sanity, so that in running our trading can be maximized and not burdened, then we will be more comfortable and the results can taret we get
#75 - June 22, 2021, 07:39:07 PM

Members:

0 Members and 3 Guests are viewing this topic.