New traders need to set small goals because in start they can not get high achievements with forex business. They should trade with plan take care of market analysis so that their trade will go to right side. Just take low risk in trading according to their capital not think of high profits with small investment.
Hi!
We always use the simple method for our TP (Fibo Ext)
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100% Level - 1st TP
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127% Level - 2nd TP
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168% Level - 3rd TP
ALl the best.
“Trade Safely, Trade with Conviction”
Cheers!
Profit goals vary from trader to trader. Some traders with huge trading funds aim less of percentage as they can get big cash with little profit percentage. Whereas retail traders aim to go for a bit high percentage as their account capital is small.
Everyone tried to get the victory and they have different goals regarding profit, I also trade with a proper mind set target and I never take the unnecessary risk.
Occasionally I’ll set a goal…9 times out of 10 I will then move the goal posts…