If you have a paper on your desk with a dollar amount of your goal at the top and then for every positive trade you subtract till you hit zero.
Quitting while ahead is difficult for many. "Hit the goal and quit" usually gets mocked on forums. One trade-off is to go into "sudden death" mode after the daily or weekly goal is met. One loss and game over. This allows the trader to continue while "hot".
If you are looking for 20 pips a day how can you achieve that taking 30 pip losses?
Talk about common sense!
Quitting while ahead is difficult for many. "Hit the goal and quit" usually gets mocked on forums. One trade-off is to go into "sudden death" mode after the daily or weekly goal is met. One loss and game over. This allows the trader to continue while "hot".
If you are looking for 20 pips a day how can you achieve that taking 30 pip losses?
Talk about common sense!