Achieve the small target in the trading first?
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Thread: Achieve the small target in the trading first?

  1. #1
    Trader
    Join Date
    Sep 2013
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    Achieve the small target in the trading first?

    I will suggest to all the traders that first you will achieve the small target in the forex trading because i think if you achieve the small target in the trading then you will achieve the big one and i think first target for the newbies trader is that practice of the trading and learn the knowledge of the trading.

  2. #2
    This is right for new traders and they will getting better experience from trading with small targets.. when they getting good experience then they can easily doing trading on large targets.. but they can not earn large pips in the starting..

  3. #3
    How much is small target 5 pips, 10 pips, or 30 pips? If you keep opening trades with low target like 2-5 pips, the risk are actually high.
    It's better to have smaller risk each trade but always aim bigger reward than risk.
    Risk 10 pips but trade with target profit 30 pips.

  4. #4
    Trader
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    Aug 2013
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    11,572
    that is right that the trader should achieve a small target in the beginning because he is still has a little experience and may not be able to trade with long trade to achiece a big target or his capital may be a small and he needs to trade with low risk and achieve a small target to protect his account until gain more experience that will let him to get higher target

  5. #5
    Yes it is very good strategy and fully agree with you because if you start any business then you would achieve small target and try to learn about this business and when you got full controle on your business then achieve big targets and then you try to earn more and more

  6. #6
    Yes it is good strategy and i am agree with you , because if we achieve the small target in the forex trading business first then our confidence level will be grow up and by this our wishes will be rises up for trading business and we will able to learn more about business in the forex trading business

  7. #7
    Banned
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    It is good when it is last for long, in the way of trdaing that the losing is getting much higher than winning, this cannot be a good option for the trader, the trader who get money can make it well done when they are making trdae nad get good return on the investment, this is the way to safe the droughtful day.

  8. #8
    Achieving small target is very important for a new trader.A newbie should trade first with small amount of capital and should practice it on demo accounts.It is when it is last for long.In a way of trading that the losing is getting much higher than winning.It is a very good strategy if you start any business you should always target small targets.

  9. #9
    Trader
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    Am fuly awear of the difficulties of life,so ill try to bounce back
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    Taking life one step at a time is ideal for anyone who wants to become a successful trader,firstly you pass through the learning process, where you would gain more insight and knowledge on how to exploit market opportunity and also managing risks.

  10. #10
    yeah if you are not a experience person in Forex trading market then you must go for a little investment and achieve the small target in the trading first...and these will help you in future to earn lots of money in future and it will also gives you experience....so first achieve the small targets than go for a big target.

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