Forex Zone - Forex Forum

Realistic Target of a Beginner Trader in Forex Education_67f83ac065b44

Realistic Target of a Beginner Trader

Discussion started on Forex Education

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I used to learn to set targets as small as possible. If I could do one percent, I would do it. If I could do 2%, I would do it, but in the past I could do 10% because the calculation is per month, so for beginners, just use something that you can do.
#871 - September 13, 2023, 03:10:54 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
As far as I know, the use of realistic targets is always considered 5% 10%, 15% and 20%. But in my opinion, use a target that suits your current abilities so that you are not at high risk
#872 - September 14, 2023, 03:17:38 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The use of realistic targets usually ranges from just a few percent, not even tens of percent, because we have to be there to be able to make you consistent no matter what the profit is
#873 - September 15, 2023, 03:02:38 AM

Sponsored

Realistic Target of a Beginner Trader in Forex Education_6803a6c52eb12
#874 - Today at 01:52:12 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, a suitable target for beginners here is 1 to 5% every month. But more than that doesn't matter as long as it's not more than 20%. Because it's all gradual, nothing is instantaneous.
#874 - September 16, 2023, 03:28:47 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The use of realistic targets is very important for us to use so that later when we have our own method we will get a realistic target of at least 5 to 20%
#875 - September 17, 2023, 04:19:41 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Actually, realistic targets vary, but the benchmark is no more than 15%, you can use one percent, 2% 3% 5% 10% It's up to you, the important thing is that you are able to achieve it consistently.
#876 - September 18, 2023, 02:33:08 AM

VIP
  • Hero Member
  • Posts: 20081
  • Points: 2618
  • Likes Received: 418
  • Reputation: +4/-0
Emotional control is the key to achieving realistic targets. Avoid fear and greed, and always stick to your trading plan. Consider a realistic timeframe target. Don't expect to double your capital in a week.
#877 - September 18, 2023, 01:03:27 PM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Too large target will make less efficient because volatility will make the prices easy to reverse, trader need to learn realistic target in every trade by make trial and error besides how to determine entry point
#878 - September 18, 2023, 09:04:26 PM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
it is important for us to create realistic targets that we can use for our own benefit because this can make us consistent in doing this business
#879 - September 19, 2023, 02:48:38 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
for beginners When you have managed to get just 5% that is already good because that is a realistic target for beginners and you should focus on getting that 5% every time you open a position per month
#880 - September 20, 2023, 02:11:44 AM

Sponsored

#881 - Today at 01:52:12 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Using realistic targets will definitely make us more comfortable, but when we trade well we can get clear profits
#881 - September 21, 2023, 03:36:57 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Use a realistic target for beginners. That ranges from 5 to 10%, which you have to be able to manage or maybe more than 10% is no problem, but you still have to use strict management.
#882 - September 22, 2023, 03:01:26 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
In my opinion, a realistic target is in the range of 2 to 4% or maybe 5 to 10% because we must be able to use all of this as a plan for our self-esteem so that we can be stable
#883 - September 23, 2023, 03:47:29 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Using realistic targets will definitely make you comfortable when trading, that's why when you trade, the first thing you have to do is form or create a target that suits your abilities.
#884 - September 24, 2023, 03:56:00 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
Creating realistic targets is something we have to do because the more we apply realistic targets the easier it will be for us to get them and that will make our capital grow.
#885 - September 25, 2023, 03:50:22 AM

Members:

0 Members and 1 Guest are viewing this topic.



Kraken Crypto Trading