thread: What is your daily profit target

I don't have some daily profit target collection.
I set the size of a trade according to my balance and MM principles and then I try to ride the trend.

Sometimes the trend fails in less than a day like below:



And other times the tendency last a few days:

I don't have some daily profit goal collection. I set the size of a trade according to my equilibrium and MM principles and then I attempt to ride the trend. At times the trend fails in less than a day just like under: image And other times the tendency last a few days: image

yep it happens use 30 min or 1hour for trading and day chart for trends good luck with your trading

what's yours and you have that goal

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assuming your referring to place FX....

0.1% non compounded.... Irregardless of account dimensions....

Motives are.... Realistic, attainable, long term survival.... To list a few...h

quote //----- assuming your talking to place Currency Market... 0.1% non compounded.... Irregardless of account size.... Reasons are.... Realistic, achievable, long term survival.... To list a couple...h

to trade and code, keep both simple... no call to impress.... I just love it wish I'd thought of it

Very true that each and every trader has different trading styles as well as trading demands. So what is the most appropriate profit figure is for you might not be the right figure for me. But, I can understand the fact that we sometimes feel curious to learn more about the profit margin in the currency investment which other fellow traders can generate. Personally, I feel that pip is much more appropriate than complete figure of profit and also my trading egies differ based on situation and I'm trading for a part term trader. So can't figure an absolute figure really.

quote //----- assuming your referring to spot forex... 0.1% non compounded.... Irregardless of account dimensions.... Reasons are.... Realistic, achievable, long term survival.... To list a couple...h

very similar to . . .realistic, achievable, long term survival. . .and also minimal heartburn (low drawdown)

Long term/retirement accounts (less risk)
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- 0.03percent per day per pair (that's roughly 3 percent each month trading 5 pairs)
- Max total account drawdown must be held below 0.7percent

Shorter term accounts (more risk)
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- 0.075percent per day per pair (that's about 7.5 percent each month trading 5 pairs)
- Max total account drawdown must be held below 1.8%

1 perfect trade per day if the conditions are met (if they are not there I move on wih my life until the next day)

20/30% per trade

5-10percent of my acc in every trade (not daily)

quote Much like .. .realistic, achievable, long term survival. . .and also minimal heartburn (low drawdown) Long term/retirement accounts (less risk) -------------------------------------------------- - 0.03% Every Day per pair (that is about 3 % per month trading 5 pairs) - Max total account drawdown should be kept below 0.7% long-term accounts (more risk) --------------------------------------- - 0.075% Every Day per pair (that is about 7.5 % per month trading 5 pairs) - Max total account drawdown should be kept below 1.8%

amazing parameters

1 ideal trade daily if the conditions are fulfilled (if they are not there I proceed on wih my life until the next day) 20/30% each trade

and do you do it?