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Benefit of Having Daily Targets in General Forex Discussion_67f83ac065b44

Benefit of Having Daily Targets

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I don't think it's just a daily target, but a weekly target and a monthly target as well.
#136 - November 06, 2021, 12:49:49 PM

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If we have a daily target in the tading, then our trading will be clear, we can get easier to achieve it as long as the target we make is realistic, according to our abilities
#137 - November 07, 2021, 10:24:44 PM

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When you use daily techniques, of course, you will get something that earns you daily, so when you want to get benefits, you have to be able to get the things and techniques you use like you use them daily.
#138 - November 11, 2021, 01:53:50 AM

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#139 - Today at 03:50:04 AM

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if I think the advantage of having a daily target is that it can make our trading disciplined and also if the trader has a daily target then the trader will not force to enter the market continuously. I personally also have daily targets when trading. and if my daily target is met then I will decide not to enter the market again and decide to continue trading again the next day so I can be consistent.
#139 - November 11, 2021, 10:27:14 PM

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in doing this trading business we must have a daily profit target because if we have a daily profit target we will have the motivation to get it every day.
#140 - November 11, 2021, 10:27:56 PM

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targeting daily profits is very important so that we are enthusiastic about trading, therefore we should be able to target our daily profits so that in this trading business we are excited because we get profits.
#141 - November 11, 2021, 10:29:09 PM

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I also have a target but not only a daily target but also a pips target, an excess profit if we have a target, provided we have to be committed and consistent with that target if the target will backfire for us
#142 - November 11, 2021, 10:30:39 PM

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if the target has been met, we will definitely turn off the trending, we will open the market the next day, so in conclusion the target can train us not to be greedy because being greedy in forex will lead us to a loss condition and lead to MC
#143 - November 11, 2021, 10:32:09 PM

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the most important thing is that the target we have should not be a burden on the trader, make it a flexible target, because every day it is impossible for traders to profit, there will always be times when traders experience losses. motivation.
#144 - November 11, 2021, 10:33:24 PM

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It is better to have good money management, one of which is to try to use the compound method as a daily trading reference, by setting a minimum profit per day of 5% of capital. Try to apply the same thing every day so you don't become a greedy trader.
#145 - November 11, 2021, 10:34:38 PM

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#146 - Today at 03:50:04 AM

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the target is indeed something that is often forgotten because usually as long as the market is friendly in the sense of what we imagine, we will continue to trade to achieve maximum profit, I myself prefer to target weekly.
#146 - November 11, 2021, 10:36:03 PM

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Intraday traders usually will have a daily target, they set plan trading open new order and close the order on the same day, scalping traders also work for short term, and maybe they have a daily target, but forex is not math science, although we have a daily target, but not always will be achieved.
#147 - November 11, 2021, 10:53:02 PM

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By having a daily target, there will be no burden for us when we lose or profit and what we need to pay attention to here is when the daily target has been achieved, we will stop trading and try again tomorrow.
#148 - November 20, 2021, 11:33:44 PM

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When you decide to trade daily then you will get daily benefits but that must also be balanced with the knowledge and techniques that you have mastered for daily trading.
#149 - November 20, 2021, 11:43:32 PM

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I am more comfortable with weekly targets, daily targets are difficult for me to be consistent.
#150 - November 20, 2021, 11:58:47 PM

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