Always Aim for Small Consistent Daily Profits.

[alkdfjasd]

I Think Money management is the key to growing your account at a consistent pace. Money management in Forex is really very simple. You will need to master the above two points before it becomes effective though.also small profit trade give you benefit for run long time account.In target trading we can avoid losses and we can also control our greed through target trading on daily basis.
Thanks

[shousha]

if any rtrader want t o earn more then his losses then in my view for the such trader the most important thing is that he has to gain the more knowledge about the market why? because if you will learns about the Forex market in a decent way and do and night hard works then you can gets the sucess

[yousuf3333]

Money management is the key to growing your account at a consistent pace. Money management in Forex is really very simple. You will need to master the above two points before it becomes effective though.

[zubair782]

I think aim of Small profit is trader have another business or he is satisfy from his Small profit. And also small profit trade give you benefit for run long time account.

[Anayayashab]

According to my views target trading is the best specially for the beginners and it is also good for other traders. In target trading we can avoid losses and we can also control our greed through target trading on daily basis.

[adnanhm]

i think making some profit on daily basis will save for us and we will feel ... it require patience when you were on patience and you are satisfy with your result after that you will be succeed in no time

[sunil]

Many new traders after 6 months of trading don�t even come close to breaking even with what they first invested! How often do you make money in Forex? Do you even actually see your account grow at all? Statistics show that 95% of new traders get their accounts wiped out. Ask yourself, are you making money from your trading? If no, why not? If you really explored yourself, the most likely answer would be the latter. Let us introduce some secret ingridients here. The first is discipline, the second is knowledge and the third is money management.

Discipline, can be said to be the toughest aspect to train in a trader. Even after many years of trading I still get urges to follow the newest idea in the market. Without discipline you will never trade your plan properly. Knowledge, while you as a trader would know about the Forex market, do you know enough? If you know enough do you take that knowledge and apply it? Knowledge used is power; knowledge stuck in the back of your mind is useless. Take what you have learnt and apply it to your trading.

Money management is the key to growing your account at a consistent pace. Money management in Forex is really very simple. You will need to master the above two points before it becomes effective though. Money management is concerned about protecting your account and through that defensive action slowly grows your account by increasing the position size of your trade.

To consistently grow your account you have to aim for steady daily profits. Thus your trades you take you have to specify the stop loss and the profit targets. At this point you will want to take all trades that fit into your set up. When you do that, remember to size your position to your money management rules. Aim for consistent profits like make 20 pips a day. That�s why I would have consistent profits any day rather then huge sudden gains and large spectacular losses!