What You Want to Know Succeed
Your actual day to day trading plan is more about your position size, stop losses, close point for a successful trade, for example. In this situation you do have a profit target, voiced vis the number of pips you will take if the trade is rewarding. Some people do only close out half their position at a certain point, it’s correct, but if you are going to do that it should be a written part of your scheme, not a snap decision.
Don’t carry your planned strategy in your head where you can simply be tempted to change it. Jot it down along with the rules of your trade re the signals that you will act on. That way everything is clear and you can offload some of the stress onto the paper.
