Forex Zone - Forex Forum

Benefit of Having Daily Targets

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 632
  • Points: 560
  • Likes Received: 5
  • Reputation: +0/-6
If we have a daily target then we will be able to trade by always directed, so we know what our goals and when to stop, it will be very good for our trading
#106 - August 21, 2021, 11:43:34 PM

  • Hero Member
  • Posts: 561
  • Points: 2247
  • Likes Received: 126
  • Reputation: +0/-5
Of course by having a daily target in trading, we will be more comfortable and easier to step, because we know what we have to do, and what our goals are
#107 - August 22, 2021, 10:59:30 AM

  • Hero Member
  • Posts: 612
  • Points: 127
  • Likes Received: 36
  • Reputation: +2/-0
profit if you trade daily for sure you will get benefits every day But the problem is Is the market price movement good every day My advice than you to maintain daily trading it's better you trade weekly because it's better and I've felt I got big profits when I use a longer timeframe
#108 - August 30, 2021, 06:35:30 AM

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
Trading will be easier to do if we have a clear target, because it means trading we can be well directed, so make a good daily target
#109 - August 30, 2021, 09:05:52 AM

  • Hero Member
  • Posts: 583
  • Points: 99
  • Likes Received: 31
  • Reputation: +0/-0
if you like daily trading then the benefits you get will also produce daily but if you feel it is a very high risk, it is better if you can at least use monthly especially if you are a beginner because it is very good
#110 - August 31, 2021, 02:30:05 PM

  • Hero Member
  • Posts: 583
  • Points: 99
  • Likes Received: 31
  • Reputation: +0/-0
if you are a day trader, there are many advantages when you do that one of which is for sure you will get an active income every day because you type it daily but you also have to be careful because it doesn't always happen every day, it can be 3 days, it can be 1 week, it can even be 2 weeks. 1 month is just some momentum so the most important thing is that you have to be able to find that momentum
#111 - September 05, 2021, 02:25:53 AM

  • Hero Member
  • Posts: 530
  • Points: 17
  • Likes Received: 21
  • Reputation: +10/-4
the benefit you will get if you trade daily is that you can use the income or profit This is for you to make every day for your family so that's really great but the problem is not all market momentum runs every day or you can use your own technical tools
#112 - September 15, 2021, 04:03:32 AM

  • Hero Member
  • Posts: 691
  • Points: 2060
  • Likes Received: 39
  • Reputation: +2/-0
the advantage if you do daily trading is that you will also get daily results, whether it's profit or loss, but the problem is that not all the momentum we get happens every day, it can be 3 days or once a week depending on whether you want scalping or not or maybe you want to try long term
#113 - September 17, 2021, 07:04:03 AM

  • Hero Member
  • Posts: 530
  • Points: 17
  • Likes Received: 21
  • Reputation: +10/-4
the advantage of using daily trading is that you can get income or income as well as daily but when you decide to become an intraday trader then you must be able to make sure that the system you are using is indeed suitable for trading daily, weekly or monthly and never scalping and you remember that the target you use for that day is not always achieved in a day, it can be the next day or the day after and you have to be patient
#114 - September 20, 2021, 02:56:38 AM

  • Sr. Member
  • Posts: 480
  • Points: 5
  • Likes Received: 19
  • Reputation: +0/-0
there are so many advantages that we will get if we trade every day, especially to get benefits that we can get every day but you need to know that momentum doesn't always come every day and it can't be predicted when we can do what
#115 - September 28, 2021, 05:55:25 AM

  • Full Member
  • Posts: 141
  • Points: 618
  • Likes Received: 9
  • Reputation: +1/-0
if you use day trading there are many opportunities to make profits on a daily basis but also understand that what is called daily trading in my opinion is very small to be consistent because the movements sometimes cannot be analyzed
#116 - September 30, 2021, 05:59:18 AM

  • Sr. Member
  • Posts: 471
  • Points: 102
  • Likes Received: 2
  • Reputation: +0/-5
Having a daily target in trading for me will be able to make us more comfortable in trading because we know our goals and know what we have to achieve, so we won't be confused later
#117 - October 01, 2021, 06:12:06 AM

  • Sr. Member
  • Posts: 352
  • Points: 62
  • Likes Received: 20
  • Reputation: +0/-0
there are many advantages when we do daily trading, the benefits we get of course are that we can get profit or income every day but not many traders can do this because not all signals can come every day But you can try it if you want
#118 - October 02, 2021, 11:15:32 PM

  • Hero Member
  • Posts: 634
  • Points: 440
  • Likes Received: 0
  • Reputation: +0/-6
Like me personally if you have a daily target it will make it easier for us to trade, because we have a clear target, our tragng will always be well directed
#119 - October 03, 2021, 03:36:42 AM

  • Sr. Member
  • Posts: 269
  • Points: 6
  • Likes Received: 5
  • Reputation: +0/-0
in running forex trading risk is very important and in this case patience plays a very important role in risk control, without patience waiting for the right moment to enter and exit the market we will not be able to control risk properly so we will often experience losses if traders make transactions without thinking about the risks first
#120 - October 03, 2021, 05:21:45 AM

Members:

0 Members and 1 Guest are viewing this topic.