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Are fixed daily profit targets useful, or can they encourage forced trades?

Sachin Yadav

A daily target can give a trader a sense of structure, but the market does not provide the same quality of opportunities every day.

If a trader is below their target near the end of a session, they may start lowering their entry standards just to reach the number.

Would you prefer a daily process goal, such as taking only qualified setups, instead of a fixed profit target? Under what circumstances could a daily monetary target actually help?

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