points targets?

[al-motor]

Suggy,

If u concentrate on the money, then u are paralysed straight away........... u hear the pros say " never think about the money"- This is much easier said than done !! I am trying to just focus on points- and not really having a target as such ( although usually u like to have some target say for the week in your mind)........... every day is different- u are going to have losing and winning trades.......... so u cannot say i expect 20 pts per day- what u mean there is the average of 20 pts over say a few months.................... which will have days like -10, +45, -13, etc...........

Hope this helps........

Al

 

[NasdaqTrader]

Hi Grey1

I am a 1% guy myself but will take what I am given by the market boss..

Could you elaborate on what you mean by 1% guy please ?

Thanks in advance.

 

[oatman]

The longer you've been around the less you think of it as money.
Don't set a target but if you've reached a number you're happy with....well take the rest of the day off. If you get too involved you'll be afraid to take a day off or a holiday for fear of missing something. Don't let it rule your life.

 

[Grey1]

Nasdaq Trader,

My daily target is 1% profit on my over all trading capital..

1% risk controlled trade is sort of difficult to achieve..

 

[NasdaqTrader]

Thanks Grey1.

Regards