Forex Zone - Forex Forum

Limit profit in General Forex Discussion_6825f0acc9f09

Limit profit

Discussion started on General Forex Discussion

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
Limiting profits is one part of a trading system because having a trading system means you have guidelines and goals and know how to achieve your goals in forex trading.
#556 - October 23, 2023, 02:14:35 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
The profit limit is a limit that can make us more successful, therefore when we trade forex we are obliged to use the right limit.
#557 - October 23, 2023, 02:26:43 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
all profit limits are important because when you trade forex and you get good profits it will make you economically stable and make you income stable
#558 - October 24, 2023, 01:33:25 AM

Sponsored

Limit profit in General Forex Discussion_6803a6c52eb12
#559 - Today at 04:02:54 AM

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
In my opinion, actually limiting profits is not necessary, you should have more than one risk management strategy or plan in your trading plan, to make it easier to adapt to market changes.
#559 - October 24, 2023, 01:37:27 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
All profit limits are things that are important for us to use, therefore when we trade you must be able to have the right system plan for your profits.
#560 - October 25, 2023, 01:43:33 AM

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
Profit limits need to be implemented just like we limit losses, such as opening a trading position with a leverage ratio that is too large, thereby increasing the potential for loss.
#561 - October 25, 2023, 01:46:51 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
Every time you make a good profit limit, you can get big profits because making a profit limit is important so that you are not greedy for opening positions.
#562 - October 26, 2023, 02:29:37 AM

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
The way to limit profits can be with a trailing stop if the price has run out of profit because it is possible that the price direction will actually reverse and actually turn the profits that have been made into losses.
#563 - October 26, 2023, 02:33:29 AM

  • Hero Member
  • Posts: 32214
  • Points: 670
  • Likes Received: 46
  • Reputation: +51/-45
if you set a profit limit it will make you care more about the correct way of trading because in my opinion making a profit limit will help you to succeed properly
#564 - October 26, 2023, 06:35:52 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
In my opinion, setting a profit limit is an important thing because if you don't limit your profit properly, it will be difficult for you to make consistent profits at any time.
#565 - October 27, 2023, 06:00:04 AM

Sponsored

#566 - Today at 04:02:54 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
setting a profit limit is an important thing because after all the profit limit will provide a solution so that you are not greedy and can set easy targets.
#566 - October 28, 2023, 06:38:41 AM

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
Psychologically, market players begin to show greedy emotions when they don't want to limit profits. Indeed, profits feel very pleasant if the target is achieved continuously.
#567 - October 29, 2023, 02:05:50 AM

  • Hero Member
  • Posts: 68342
  • Points: 745
  • Likes Received: 100
  • Reputation: +18/-46
setting a profit limit is an important thing, therefore when we trade we are obliged to make the right trades that can make us successful and correct.
#568 - October 29, 2023, 05:50:38 AM

  • Hero Member
  • Posts: 66356
  • Points: 686
  • Likes Received: 58
  • Reputation: +53/-46
I see that profit limits are an important thing that we have to do when we use forex trading. We have to be able to anticipate our losses by limiting our profits so we don't get greedy.
#569 - October 31, 2023, 12:13:55 AM

VIP
  • Hero Member
  • Posts: 19563
  • Points: 623
  • Likes Received: 252
  • Reputation: +4/-0
I think limiting profits doesn't mean we can't make consistent profits because consistent profits in forex trading are profits that are continuously obtained from trading activities, not limiting profits.
#570 - October 31, 2023, 12:16:32 AM

Members:

0 Members and 1 Guest are viewing this topic.



Elementor Website Builder