moonchild
VIP Contributor
When trading the financial market it is important to set a target, for example the amount of money you want to make and also how much you're willing to risk per trade it is very important to do that, because it is a plan and if it is feasible it will help you reach your goals faster.
You can set a goal of making $20 a day on your account, some people do not like using dollar figure, they rather use pips, but in any way, if you have a goal, it makes you sort of focused and dedicated to reach your goals easily.
You can also limit your losses in a day, to let's say 10$ in other to manage risk in your account.
You can set a goal of making $20 a day on your account, some people do not like using dollar figure, they rather use pips, but in any way, if you have a goal, it makes you sort of focused and dedicated to reach your goals easily.
You can also limit your losses in a day, to let's say 10$ in other to manage risk in your account.
