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determine a good profit target

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Bayu maryanto

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Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.


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#1 - February 13, 2019, 04:09:26 PM

blinkid

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Quote from: Bayu maryanto on February 13, 2019, 04:09:26 PM
Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.
Therefore, traders must be able to realize their own abilities, if they set a specific and measurable profit target, of course it's OK. Suppose we set a more specific target such as profit 5 $ or 50pips per week, well we also need to be able to measure the resilience of capital and our trading capabilities according to the target set earlier. So it should be realistic if the trader wants to set the target profit trading. Because if a trader determines a reasonable and realistic profit target in accordance with the resilience of capital and trading capabilities, of course it will not be a burden on the psychological trading and will also be able to minimize the risk of losses that will be faced later.
#2 - February 14, 2019, 07:48:26 AM

mohammad mmufroil

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Quote from: Bayu maryanto on February 13, 2019, 04:09:26 PM
Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.
yes it's true, sir, things like that really have to be set targets to be able to maintain directed trading performance if it is not set then trading will be like playing alone
#3 - February 16, 2019, 07:44:37 AM

trader ndeso

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Quote from: Bayu maryanto on February 13, 2019, 04:09:26 PM
Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.
in starting a business, you really have to have a mature plan, don't just come in
and I'm sure everyone who goes into the main forex business is very clear, that is, being able to be financially free through forex
but it is indeed sometimes rather rushed to enter the market so that it has a loss and it could be because he is still a beginner and does not really understand forex
#4 - February 19, 2019, 03:45:46 AM

bagaskara30

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it is true that if we enter the market aimlessly or a clear target, surely we will be confused and slammed by the market movement. if there are traders who are still like that entering the market without a target, the trader is ensured that they can only wait for losses resulting in a margin call
#5 - February 28, 2019, 06:37:38 AM

Aranchar

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Quote from: Bayu maryanto on February 13, 2019, 04:09:26 PM
Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.
I was surprised by what you said
and I have experienced it too
until now I still use it too
as motivation in oneself
If in us we are sure of what we believe
automatically nature realizes that we will respond too

like what you spread above

so a trader must be sure of what will be done first
either will open a position or close the position of trading
#6 - February 28, 2019, 07:58:25 AM

ASHfx

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Quote from: Bayu maryanto on February 13, 2019, 04:09:26 PM
Hai gaes.. to realize good performance in this trading business, we must have a clear goal, bro, because if we do not have clear and specific goals, we will not be able to provide the best performance in order to achieve the goals that we have set from the start ...

and the little quote I read from the book Smart Traders Not Gambler and Financial Revolution is ...
if you say yourself firmly "I will wake up at 4am!", even without installing a working watch you can wake up at 4am.
it happens because your subconscious still works even when you are unconscious / sleeping. it shows how powerful the subconscious influence is on our conscious mind, bro.
but if you say to yourself, "I will wake up early in the morning", then your subconscious will be confused responding to messages that are not clear, you can wake up every hour at night because our subconscious brain responds too seriously or even we can't get up early because our subconscious doesn't respond / ignore it ..

and this kind of thing also happens to our trading activities, bro, where if we don't set specific and clear targets, we will be more inclined to trade carelessly so that it will be very difficult to reach the targets we have set.
nice quote from you friend. motivate us all.
those who trade must have clear objectives and strategy systems.
because with a goal we certainly will not arbitrarily trade.
#7 - March 04, 2019, 07:03:04 AM

Ariyudin

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The target must indeed be there, although it must also be realistic, so it needs to be flexible. Also, do not just target the professions that are set, there must also be a loss target, so that it will help us control psychology. Do not impose a profit target if the market conditions do not support, adjust to our trading rules. It's better to close the chart and we copy rather than wait for a chart that doesn't support.
#8 - March 14, 2019, 05:14:30 AM

PandoraFx

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a good profit target must be according to the calculation.
#9 - October 12, 2019, 07:05:07 PM

Gattra

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good profit targets are targets according to ability and so on.
#10 - October 16, 2019, 11:30:43 AM

Butet

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the realistic target is 15 pips a day
#11 - October 16, 2019, 12:52:33 PM

Ceril

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as a target we must determine the profit and loss target
#12 - October 16, 2019, 12:53:18 PM

Weko

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by determining the target, we will be enthusiastic
#13 - October 16, 2019, 01:58:25 PM

Cupa

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please set yourself the target
#14 - October 16, 2019, 02:43:18 PM

nadana

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we have to implement good targets based on strategies.
#15 - October 16, 2019, 02:52:27 PM
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