When one trades should we have a daily profit or loss target whihc when hit we should stop trading? - Forex Questions and Answers - FXAnswer

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When one trades should we have a daily profit or loss target whihc when hit we should stop trading?

Trading Philosophy

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In Trading Mindset and Psychology
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1 year ago

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0 Votes That is totally up to you. Some traders will stop once they hit their goals no matter how fast they attain them. Its the belief that this would avoid over trading and cause mistakes which could cost you to give back all of your gains you have made for the day. by fuji022 1 year ago by fuji022 1 year ago

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That is totally up to you. Some traders will stop once they hit their goals no matter how fast they attain them. Its the belief that this would avoid over trading and cause mistakes which could cost you to give back all of your gains you have made for the day.