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    Thread: Small targets but big gains (part 8)

    1. #41
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      I can go for the small target or big gains, but what matters is the consistency of doing that. The forex business is not the place we can be doing things with levity, that is why we have to take the advantage of the opportunities at our disposal all the time. Traders have to make their target and plans based on the trading system they have, that is how they can be sure of their trading ways.

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    4. #42
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      Small target big gain is indeed interesting but its not as easy as what you think because you have to deal with higher risk and i'm sure that not everyone can deal with high risk trading and even can easily end up with more loss than more profit,so its better to try using safer approach.

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      Yes this really true and this is the right way for get success in forex because if trader can trade in right way and if his trade going to right way so he should not close his trade and wait for big profit. So we can say it small target and gain big profit.

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      Yes friend in order to avoid unnecessary risk of loosing money we must not enter in market too often and that too for long time.We must focus on making small but consistent profits.I just try to make small pips in profit and get out of market.Even though a trader focus on making small pips but then also we must not use big lot size for trading.As high lot size means higher chances of loss.

    7. #45
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      You know sometimes my target may be 30 pips and I mostly always decided not to use take profit when an not far to my chart and due to this I mostly meet my trades in huge profits but sometimes the market use to reversal my tp which is the disadvantage of not using take profit

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      Small targets but big gains is not a bad idea especially with the kind of market fluctuations we experience.Demonstration of skill comes into play here to ensure that your target is not thwarted. Most of the time, I personally aimed small targets with considerable and calculated risks under my close watch then wait patiently for pull-back.

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      small targets with high risk can work in intra trading style where you can fix your target to 20 pips or 30 pips per day, but the risk should be well calculated in each trade you take, many expert advisor work based on this idea, otherwise in swing trading, small targets doesnot work at all.

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      Small targets but big gains and it is the good trading policy because Forex is a risky business and every trader should take reasonable profit and gradually small profits make a large profit.We know that little drops of water makes a mighty ocean.Never underestimate the small profit and it is the defensive trading policy for the Forex trader.

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    12. #49
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      If only traders will follow the proper way of trading he will not surely not suffer capital wiped out, the danger of trading is that you can use huge leverage that can tempt you to use bigger lot size that in return it can give you huge profits even with a small capital if the case in in your favor but if its not you will end up losing big, you can attempt to make big gains in trading but most of the time you will end up a big loser.

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    14. #50
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      Quote Originally Posted by bocahedan View Post
      Small target big gain is indeed interesting but its not as easy as what you think because you have to deal with higher risk and i'm sure that not everyone can deal with high risk trading and even can easily end up with more loss than more profit,so its better to try using safer approach.
      For you to be having the small target and big gain is not what you can just be taking with levity my friend, it is what will make sure the trader is so determined in trading. Most of the traders that are trading like this are an aggressive type of traders, they are not just taking things easy with the market. I think that it would be better to make trading in the good measure that will not cause us high risk trading.

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