Properly in my experience you have to industry what is in front of you, which means that you have to take the economy conditions into consideration. There will probably inevitably be instances when the markets is going to be volatile and you can find lots of good investing opportunities using your typical trading system. However there will also be lots of occasions when the particular markets are very tranquil and barely relocating throughout the day.
When this happens it really is generally best to stay on the sidelines because soon as you begin trying to creating profitable positions out of practically nothing, you will almost unavoidably start losing money. Productive forex trading is all about making use of 1k daily profit - technical indicators that will help you identify high possibility trading opportunities. So it is obviously not a good idea in order to abandon this strategy and commence taking impulsive trades on these calmer days when the financial markets are flat, just to attain your daily profit target.
I'm firmly of the opinion that setting every day targets is not a good option. I was always told that not trading whatsoever is often better than beginning a high risk position, and also this has served me well over the years.
I am not much of a short-term trader personally, although I do possess a few strategies i use to business the intraday price chart. I often find which some days are better than other people, and so it doesn't hassle me at all basically go the whole day without having to open a position.
The only thing I will be concerned about is coming out with a profit at the end of the week, and I nearly always accomplish that goal because I am very strict about the positions I do open up. Every trade must satisfy a certain set of criteria and I in no way deviate from this strategy.
So as I say, if you do trade the short-term graphs and like to business a few positions each day, you should never try and force a position. If your normal strategy doesn't produce any set-ups, then simply disappear because a break-even position is always better than a losing trade. If you ignore daily price focuses on and focus on constructing your account slowly as well as steadily over time, then you'll do a lot better in the long run.