Would you accept having a little profit? - page 8

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Greetings,
For me personally, once I am in a trade I am adding s/l and t/p and not touching anything until I see the market change behavior. Then I am closing with either small plus or small loss - but in this case it is not such an important the result. the most important is to stay with the market sentiment :)
 
For me, even a small profit is valuable. Consistency matters more than the size of each trade. If an EA or a strategy can keep growing the account slowly but steadily, I think that’s much better than chasing big wins and ending up with big losses.
 
Trading is awesome. Before I started, I invested and lost big, but if you are into trading and have the mindset of if other can do it, I can too I think you will succeed!
 

The question is "Would you accept having a little profit?"

My answer is to say that more information is required. While a little profit once followed by too many little losses is not good, a little profit repeating more often (in terms of the average profit amount relative to the average loss amount and/or in terms of the frequency of profit relative to the frequency of loss) is good.

When we consider that 90%+ of traders lose, and that trader turnover is sky high, a little net profit per year likely means that you're here to stay--and on your way up instead of your way out.

 

it depend,

1. how the trade risk reward ratio

2. how consistent the trading system is


I would take the small profit if it have good risk reward ratio and consistent result.

be patient lads.

 
Nothing is wrong with little consistent profits.
 
Melle:

In Forex market, it is important to know the return of your investment even you are a scalper to be able not to be discourage to the result of your trade.

Less is More. 
 

I only accept having little losses. It is not every time that you should take a little profit, as that is not professional. Sometimes there is a reason to hold a trade (news sentiment and strong trend). 

Most of the time, there is not a strong trend, but you should be able to gauge that with experience - and then you come out before you're sorry, as the market can and will be ruthless.

 
Conor Mcnamara #:
Sometimes there is a reason to hold a trade (news sentiment and strong trend). 
Yes, and an accurately set trailing stop or dynamic stop backs that up.
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