Determine FOREX Profit Target EASILY
In the world of trading, the opportunity to gain the maximum profit is wide open. Even if you can, in one day a trader can make a profit of up to 100% more than the initial capital. Of course this attracts traders to achieve big profits.
However, traders need to set targets in search of profit and implement a consistent trading strategy so that profits can actually be achieved. There is a term in trading like this "the bigger the profit target, the greater the mental pressure to get it"
But behind the profit target and mental pressure, at least there is a big target that makes you more excited. But sometimes the problem is, does the trader have the proper ability to achieve that big profit target?
It's true, determining a profit target is not as easy as it seems, but it's more difficult than a stop loss (SL), because a stop loss is related to the risk of loss. In contrast to Take profit, traders are free to determine it, 1 pip profit is better than loss.
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