Forex Zone - Forex Forum

The Importance of Realistic Forex Trading Targets

Discussion started on General Forex Discussion

  • Hero Member
  • Posts: 810
  • Points: 0
  • Likes Received: 120
  • Reputation: +3/-0
The importance of realistic targets is actually to suppress the level of a psychologist, with realistic targets that will not make us stressed if not achieved.
Realistic targets are also easier to achieve because they are calculated based on one's own ability level.
#31 - November 22, 2020, 07:15:14 AM

  • Sr. Member
  • Posts: 436
  • Points: 0
  • Likes Received: 53
  • Reputation: +2/-0
Realistic targets are of course important, good targets should not exceed 20% of the capital.
If it exceeds the percentage automatically the risk is also big, it is not good to target something outside the power of capital.
Ambition can actually create enormous losses beyond calculation.
#32 - November 22, 2020, 12:35:02 PM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
A realistic target is one good topic in forex trading because inexperience if having too large a target usually will difficult to achieved and might often get failure in trading, how to set realistic target we can use average daily movement by half
#33 - November 22, 2020, 11:36:46 PM

  • Sr. Member
  • Posts: 462
  • Points: 25708
  • Likes Received: 20
  • Reputation: +1/-3
Realistic targets need to be applied in every trading transaction we make because that target will show how realistic and disciplined we are in applying the risk reward ratio.
#34 - November 26, 2020, 02:39:37 AM

  • Sr. Member
  • Posts: 358
  • Points: 56105
  • Likes Received: 10
  • Reputation: +1/-1
Realistic trading targets are very important and in my opinion all mentors would definitely advise all traders to have realistic targets for the safety of their trading.
#35 - November 26, 2020, 11:01:37 AM

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
Realistic targets are targets that must be owned by a trader because target after target must be achieved easily, not the highest and difficult target because it will affect our trading results.
#36 - December 02, 2020, 06:16:37 PM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
Realistic targets are targets that are easy enough to achieve for everyone, but we must know that the small targets we aim for are targets that are not real.
#37 - December 02, 2020, 11:13:36 PM

  • Hero Member
  • Posts: 628
  • Points: 0
  • Likes Received: 59
  • Reputation: +1/-1
There are limits that cannot be crossed, good targets are shown in trading signals from indicators, realistic targets are easier to achieve and less risky than looking for targets that are too high.
#38 - December 21, 2020, 09:41:19 AM

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
A realistic target is important for all trader, because usually if placed large target its too hard will reached and often before the target hit, but the price already bounce back and this possible will facing floating loss again, one shoot if reached target I think better than large target but not achieved
#39 - December 21, 2020, 11:39:42 PM

  • Sr. Member
  • Posts: 386
  • Points: 0
  • Likes Received: 62
  • Reputation: +1/-0
High target is difficult to achieve, usually before it reaches the target market it changes direction.
Therefore make it a habit to make realistic targets and not too far away
#40 - December 22, 2020, 12:25:35 PM

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
Realistic targets really help traders determine the easiest targets and help traders go to a higher level of traders, without these targets the trader will remain silent without progress.
#41 - December 31, 2020, 04:33:25 AM

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
realistic targets can be applied in every strategy we use, so we must always think realistically and don't violate the rules that have been set.
#42 - December 31, 2020, 05:57:08 AM

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
A realistic target is a target that is indeed very good and must be achieved by a trader because with a realistic target, a trader can apply what he has, including skills and a trading plan.
#43 - January 06, 2021, 04:16:36 PM

  • Sr. Member
  • Posts: 457
  • Points: 32784
  • Likes Received: 9
  • Reputation: +1/-1
the importance of realistic targets is usually applied by a trader who has a good and mature plan because he knows which ones should be achieved first and which ones should not be achieved first.
#44 - January 06, 2021, 04:59:45 PM

  • Sr. Member
  • Posts: 396
  • Points: 45589
  • Likes Received: 7
  • Reputation: +1/-0
measurable and targeted targets will definitely produce more good trading signals.
#45 - January 28, 2021, 04:15:44 PM

Members:

0 Members and 1 Guest are viewing this topic.