Hi Linkon bhai and all others, i m a silent spectator of this thread and observed that u all r doing a gr8 job and also get a feeling that u all r a regular trader, its good to see different views and most of them r bang on target.
just wanted to understand frm u all that do u keep any daily or monthly target to earn in d mkt if u earn only through trading or hw do u manage...
I have a 70-90-100 target.
70% of my days should end in profit
90% of my weeks should end in profit
100% of my month should end in profit...
Weekly my target is 100 nifty points. That gives me 400 points target per month. Options my target is 150-200 nifty points per month.
Intraday,i want 70% of the days range as profit per on a given day. Anything less is an underachievement.
Target on every trade is good execution and rest is up to luck....!