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What’s your daily target?

Yes, I know; till now few traders are trading based on their daily, weekly plan. Are you? If yes, what’s the percentage & how do you recover this kind of fixed target?
 
Setting your goals also helps you to achieve that goals. You work hard to achieve those goals. You have to make some targets which you have to achieve in your life and also in trading. You must have to make your strategy according to that targets. This will helps you a lot.
 
Setting your goals also helps you to achieve that goals. You work hard to achieve those goals. You have to make some targets which you have to achieve in your life and also in trading. You must have to make your strategy according to that targets. This will helps you a lot.

Well, thanks for your words; by the way, may I know your daily & weekly target, please……??
 
@Oscar Shumack I always set up a daily target of 20 pips but manage somewhere between 10-15 pips everyday. And I am with you on this in forex, it is never easy to meet your daily target due to irregular market movements and high volatility.
 
I think depending on style trading, day trading can use target based on half average daily movement at any pair, maybe they can use ATR to measure target based average, for scalping target around 5-10 pip as short term trading, but beside target, also important to risk limitation as part in risk management.
 
There is no possibility of any specified profit in the forex market. Trading requires a goal. It takes a lot of hard work to reach that goal. But I try to gain 2% per month.
 
For starting one should not invest a lot. Many people think if they had big capital they would make a lot of money. But the truth is if you do not have enough skills and experience, you will lose all the money. No matter how big or small capital you invest.
 
For starting one should not invest a lot. Many people think if they had big capital they would make a lot of money. But the truth is if you do not have enough skills and experience, you will lose all the money. No matter how big or small capital you invest.
Always invest small amount unless you start making money on consistent basis. Once you are making regular profit, you can invest big money.
 
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