DislikedHad a good gut surf day. And here's my report so far since starting thing demo account. 97.97% win rate! WTF! LOL. Many thanks are due. Hope you know who you are. Goodnight and good weekend everyone. {image}Ignored
keep up the excellent work donny!
DislikedI use a daily profit target to encourage discipline and control greed. If I haven't met my profit target, it gives me the self-discipline to put a little more screen time in for the day. It's kind of like working overtime. However, if I hit my daily target early in the session, it controls my greed by making me get out and not chase more money. Some argue against daily profit targets, and I can see the validity of their arguments. For me though, it meshes well with my personality. My daily target is an amount that I know I can reasonably do even on slower days. It also helps me keep an even equity curve, so I can plan for my expected profits. Just like any other business, my trading business needs a business plan and that includes revenue projections.Ignored
DislikedWas almost out with my daily profit and got stuck in a trade. To be continued…Ignored
kc topics: https://www.forexfactory.com/thread/post/14648072#post14648072
FTMO Trial #2 Return Today:
-3.6%
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