Is it good to think about profit always?

[Luke Hansen]

One question is frequently asked: is it good to think about profit always? From my own point of view, it is not good to think about profit always. We should think about maintaining consistency while engage in trading. And without any doubt we should try to make profit but we should not take emotional decisions or hasty decision by thinking only profit. We should engage in trading after analyzing all aspects.

 

[Halt]

Yes, profit muat be your main aim on the Forex market. But whenever you feel that you made a mistake then hedging is the best option where you end upmthe trades with no profit-no loss or very little loss. So, learn about the Forex hedge!

 

[Halt]

Its good to think about making profits but you shouldn't overdo things. If you don't achieve success in it, you will start to question yourself and the business. Always set up realistic goals in life and be prepared to take any losses along the way.

 

[Hendadda]

Thinking of profit is not bad, since every business is meant for profit. However continuously thinking about profit is very risky since it makes you greedy and you keep on thinking that you've not had enough. That way, you'll overtrade the market and even trade without a stop loss, which is more than suicide

 

[Electric Rainbow]

There is no Good or Bad things, If you want to earn profits then you have to think about it. But you should also have managed the loss part of the trade also so that you can manage the trade equally.

 

[amri.rudi]

I need money, I need a profit, I was a man

 

[CarlosNorb]

profit is the aim

profit is the aim of any trader. so i think it's normal to think about it all the time. another question is - do you make anything to reach profit? A trader should always improve himself to get the profit.

 

[Viaso]

I don’t know about you, but my only goal in Forex market is to make profits. In some cases when I make a lose deal I am thinking what went wrong and what can I do in order to improve my technique and mitigate lose situations