Profit management - Aussie Stock Forums

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  1. #1

    Default Profit management

    If a day trade futuresr had a risk management at 1% what would be a profit objective? Understand that you cover your costs with the first contract set and you let you profits run. I understand the emotions come into play other factors as well.

    Eg Your risking 500 what would you be happy to make? are people happy making 500 or 1000 risking 500 with a 50k account?

    Would be great to hear some current traders opinions.


  2. #2

    Default Re: profit management

    Risk 5-12 ticks
    Profit 3-8 ticks
    5- 25 trades a session

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