Earning Target.....

ali555 · June 24, 2013

I think every trader should set his/her earning target per month. and for that they should make their money management plan. if traders do this i think they might be successful. What do you think. share here.

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June 25, 2013

Yeah, every trader would have its own profit target, both target daily, weekly, or monthly. Good trading plan and the discipline of being implemented will make us able to hit a target that is we do.

uncle gober · June 25, 2013

With the profit target, we will be more orderly trading, it mean we can know when we should stop. And we also have to be disciplined with profit targets that we have. If indeed we were able to increase the profit target, why not? The most important thing is don't be a greedy trader.

Jordan Sands · February 25, 2015

I think mostly the target has to be completely dependent on what situation we get into if we have strict money management then we should obviously target for larger profits while if we do scalping than it’s better to have low profits due to getting good profits and trading with OctaFX broker, it is seriously helpful since we get low spread of just 0.2 pips which is great for scalping and also swap free account that is wonderful for long term working.

Forhad Reza · March 3, 2015

I suppose, earning target is depending on ones trading skill. Traders’ set their trading earning target according to their trading capability. In my trading life, as a scalper my daily target to earn 20 pips by using this short time trading policy. Although, it is not instructive trading method but it is always bring profit. Generally, I have seen many regulated are not prefer to provide this trading facility. But, luckily, I am able to apply this technique at any major currency in my trading platform MXTrade. This regulated trading stage until the end of time provides best trading background for scalping by supplying only one pip trading spread. So, it is possible to me to make sure my earning target in this platform within a short time.

Abdul Razzaq · June 21, 2015

Honestly I don’t prefer to set any targets, I find it as a unnecessary thing which just puts extra pressure on this, so in order to avoid that I believe it’s better not to think too much over plans. I do trading without thinking much and that’s thanks to Nova FX broker, it has nice conditions with solid spread of 1.5 pips, it’s quite a decent spread to be charged especially with some of the major pairs, so this allows me to achieve good results consistently without any targets.

Forhad Reza · June 22, 2015

In this market place, we the traders select out earning target according to our trading experience. As a newcomer, my daily target is to earn 50 pips. So, I have to depend on scalping strategy that brings profit in a short time. and, I am very lucky to select MxTrade as my trading platform where I am getting only one pip trading spread for all time for using this trading policy.

Mask vettori · June 26, 2015

Yeah, i think that's a good decision.But this trading profession is not fulfill your target if you have not better skill and knowledge.So, first you should ensure your trading experience then target is nothing, i think normally i will touch your expected earning.Actually, i'm a binary option trader.From a long time i'm normally earning handsome amount of money without any earning target because of my trading skilled and experience which i had learnt from best ECN broker KeyOption providing education academy.This trading broker helps me so much by providing reliable trading signals.

Shimul Miya · June 27, 2015

Traders select earning target according to their trading experience. In my trading career, my daily target is to earn 50 pips. For earning this trading pip, I am very much dependable on my scalping strategy due to getting profit instantly. And, for using this trading strategy, I have chosen GCI Financial as my trading platform where at all times, I am getting only one pip trading spread for scalping.

Rajesh · June 30, 2015

Though, I have monthly target, but I am more serious about my daily target. Because, if I can receive my daily target consistently then automatically, I should find my monthly target. Even, I have weekly trading target for round 5 days in a week. And, if I short from my weekly target, then I try to recover it in the next week. Actually, reaching my daily target become easier because of fixed 2 pips trading spreads facility for all popular trading currency that I get from ECN broker TradingBanks. In my trading session, I use only major currencies.

fxapex · June 30, 2015

No i dont fix any target for my earning just try to earn when the conditions are favorable to me and avoid when the market is very turbulent.

Shimul Miya · June 30, 2015

As a scalper my daily target is to earn 50 pips. So, I have to depend on my scalping strategy for all time due to achieve my target. So, for using this trading policy in a proper way , I have selected GCI Financial as my trading platform which is very much supportive to use this trading strategy by providing only one pip trading spread.