Hi,
Do you have a target for each day if you’re day trader? Or do you earn as much as you can?
Hi,
Do you have a target for each day if you’re day trader? Or do you earn as much as you can?
I guess having a target is just same as having a goal, so immediately that goal is achieved for that day , you close your PC and go chill, but bare in mind the market does not always have" sure" setup for each day, i mean sometimes your target or goal be not attained cause i believe the market is opportunity based
My focus is aways on process and positive probabilities of being on the right side of a trade. My mindset is in percentages - risk, never money, as that creates an unwelcome emotional response when I’m in a live trade.
Hmm. For me, rather than daily, I tend to have like weekly goals. But then, in defining these goals, I don’t really set a specific amount in mind.
I only know my stop loss aka risk. But target will be determined by market conditions. Am willing to receive what market will give me and nothing else