Thread: Forex Tip: Be patient with your profit targets

I know it is very tempting to grab the profits in a winning position before the profit objective is reached. There is a fear the market will turn around and the trade will become a loser. Be disciplined. There is a reason your profit objective is where it is. You did your homework before entering the trade and the profit objective you decided on justifies the trade in terms of risk/reward. Frequently take profits before the profit objectives are reached will destroy your whole risk/reward ratio and will finally be the difference between success and failure.

That is true, it's very important to be patient & not let your emotions get the best of you when trading.

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Originally Posted by ForexExpert

That is true, it's very important to be patient & not let your emotions get the best of you when trading.

thats true..... Control on your mind is very important because this can ruin you profit earned and even capital.