Comments on: profit target at forex trading? http://www.myylt.com/2008/11/28/profit-target-at-forex-trading/ Discussion of Forex Trading and Currency Trading Fri, 10 Feb 2012 21:34:34 +0000 http://wordpress.org/?v=2.3.3 By: Doc9999 http://www.myylt.com/2008/11/28/profit-target-at-forex-trading/#comment-9756 Doc9999 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2008/11/28/profit-target-at-forex-trading/#comment-9756 My opinion, You should have a target profit 200% of your risk. So, if you even hit stop lost once, you will recover the equity very quick. Therefore, to do above profit target, you should have a proven track trading method, manual or automatic. Despite of that, on proven profitable method, you could only win with probability of maximum 70%. So, every 10 trades, you will win 7 and lose 3. Treat your loses as your expenditory in your business, like paying your electricity bill or employee fee in the real business. Open your heart and mind and treat trading forex as a business. So, happy hunting for the real proven forex trading method. Happy trading, Ali Azhar http://automaticforextrading.blogspot.com My opinion,

You should have a target profit 200% of your risk. So, if you even hit stop lost once, you will recover the equity very quick.

Therefore, to do above profit target, you should have a proven track trading method, manual or automatic. Despite of that, on proven profitable method, you could only win with probability of maximum 70%. So, every 10 trades, you will win 7 and lose 3.

Treat your loses as your expenditory in your business, like paying your electricity bill or employee fee in the real business. Open your heart and mind and treat trading forex as a business.

So, happy hunting for the real proven forex trading method.

Happy trading,

Ali Azhar
http://automaticforextrading.blogspot.com

]]>