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Is it possible to make a fixed amount of money in forex on a daily basis?

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Madly Diligent
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Jul 18, 2022
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It is practically impossible to make certain or fixed amount of profit forex on a daily basis because there's a lot of variations and you can not have a typical fundamental analysis of forex fixed. The trends in forex and never the same everydayas well.
 
Well, I can't say it is possible or not. Some traders achieved this by setting up a limit to their daily earning. And once they achieved this, they stop for the day till following day. It is good to be financially displined.
 
Well, I can't say it is possible or not. Some traders achieved this by setting up a limit to their daily earning. And once they achieved this, they stop for the day till following day. It is good to be financially displined.
It's not possible am a forex no matter how you try you can't just archive a specific fixed aim in the forex market as the market fluctuate and it's bound to gain and loss irrespective of your analysis
 
It is practically impossible to make certain or fixed amount of profit forex on a daily basis because there's a lot of variations and you can not have a typical fundamental analysis of forex fixed. The trends in forex and never the same everydayas well.

Yes of course, you can decide on the amount of money which you're making from your forex trading every day but that's assuming if your trade is successful in profit. With your Take profit choice of when to leave the market, you can determine how much you want as your profit in a trade.
 
The point of entry in any trade you've entered is what will influence on the amount of profit you would be making from the trade at the time when you want to leave the trade if you're in profit. I used to have a daily target of $200 when I trade. If my trade pays me $200, I will close trading for the day.
 
I don't think you can make a fixed amount of money through forex trading every day. In order to make money through trading every day, your trading should be profitable venture and we all know it is not possible to profit always when it comes to trading. We also frequently encounter loss.
 

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