DislikedI know that traders aren't supposed to aim for a goal. But I'm wondering how other traders feel. So, I pose this question to the community. How many pips would you like to profit per day?Ignored
The reason for this is that each pair has a different range and some pairs are more expensive to trade than others, so in the end you may end your day with -1000 pips but still be profitable. Even if you trade the same exact pair every day eventually your lot sizes should change unless you are always keeping your account balance the same i.e 100k, so in this scenario pips would matter and the amount of pips you target would be a choice to make on your own....
Also I would avoid setting targets as it is not good for your trading psychology especially as a beginner.
The only thing that matters is P/L.