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Forex Zone - Forex Forum
General Category
General Forex Discussion
Benefit of Having Daily Targets
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Benefit of Having Daily Targets
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Re: Benefit of Having Daily Targets
lama22
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we have to determine the limits of mc and profit every day because if it can't be fatal, maybe we will achieve a lot of losses so we have to set appropriate and consistent limits every day according to the market broker itself, regards profit.
#166
- December 18, 2021, 09:56:06 AM
Re: Benefit of Having Daily Targets
projoabu
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rules such as daily targets I put in my daily trading plan, I have a daily trading plan and weekly trading plan it functions as a rail when I trade so even though under any circumstances I always see if the plan is according to plan or not if it is according to plan then I am ready to If it doesn't go according to plan, it's postponed.
#167
- December 18, 2021, 09:56:43 AM
Re: Benefit of Having Daily Targets
ngetik
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daily targets are very useful. By having a daily target, we will be more relaxed in forex trading and avoid excessive losses.
#168
- December 18, 2021, 02:38:07 PM
Re: Benefit of Having Daily Targets
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#169
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Re: Benefit of Having Daily Targets
Liner
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what you can get When you use daily trading of course you will get daily results but you also have to know that using daily you must also understand
#169
- December 18, 2021, 10:02:46 PM
Re: Benefit of Having Daily Targets
Manora
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the benefits you will get When you use day trading, one of which is that you can earn income regularly in practice, but you also have to remember that not all momentum is obtained every day, it requires extra patience.
#170
- December 18, 2021, 10:03:57 PM
Re: Benefit of Having Daily Targets
Budnga
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day trading is indeed very important and indeed it is your choice But for sure my advice you should also know that using day trading is not as easy as doing weekly or monthly trading
#171
- December 18, 2021, 10:07:50 PM
Re: Benefit of Having Daily Targets
Liner
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the benefits you will get when you trade forex you will always get a good situation and can earn daily income but if you do not use a good method then you will not be able to get what I said earlier
#172
- December 19, 2021, 10:14:44 PM
Re: Benefit of Having Daily Targets
belek14
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the trading plan is very decisive in achieving our targets. regardless of whether it is made daily or weekly, but when it comes to targets, it can be determined from the start. Traders who have a plan and set targets well will of course always be able to carry out their trades in a safe way.
#173
- December 20, 2021, 06:05:37 AM
Re: Benefit of Having Daily Targets
lama22
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By having a daily target, we can resist the urge to repeatedly enter the market or overtrade so every time we enter we always get a profit. But our daily profit targets must also be as realistic as possible with the resilience of our capital so that our accounts are safe and psychologically we are not too burdened with excessive profit targets.
#174
- December 20, 2021, 06:06:31 AM
Re: Benefit of Having Daily Targets
projoabu
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besides we must have a daily profit target, we should also think about what percentage of risk we can accept if we experience a loss. Because forex trading does not only think about the profit target but can also minimize the loss.
#175
- December 20, 2021, 06:07:14 AM
Re: Benefit of Having Daily Targets
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Re: Benefit of Having Daily Targets
Nike
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Using the daily target can make you even better at dealing with wrong trades because when you don't have a daily target, you can run out in that day because you don't know how much risk you are using
#176
- December 20, 2021, 06:40:10 AM
Re: Benefit of Having Daily Targets
Budnga
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The use of daily trading will get you daily results, but you should not be driven by that problem alone. You must also be able to prioritize the risks that you will get when you can't use it the right way.
#177
- December 22, 2021, 06:23:27 AM
Re: Benefit of Having Daily Targets
Nike
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You have to remember that whatever you do it has to depend on your technique because when you can't use it well, you will lose yourself when you decide to become a foreign exchange trader. You also have to know how to use day trading
#178
- December 22, 2021, 06:24:16 AM
Re: Benefit of Having Daily Targets
projoabu
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Having a daily target is important and in this case not only profit targets, but losses must also be targeted, not to over trade.
#179
- December 22, 2021, 01:20:19 PM
Re: Benefit of Having Daily Targets
Purindra
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What can be felt is that the use of daily trading will get many benefits, one of which is daily income, which I think is good. But we must know that whatever we do there must be a risk and we must be able to overcome it, especially day trading
#180
- December 22, 2021, 10:07:01 PM
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