Quality trades only

There’s a popular trader on this space who decided to target just 2RR on all his trades. Once he hits 2RR, he takes the profit and he’s out. Some people think that’s foolish. “Why settle for 2RR when there was a clear opportunity to get 3RR, 5RR or even 10RR?” But watching this video reminded me of something important: You need to have a goal that tells you when you’ve succeeded. If your target is 2RR and you hit 2RR, you’ve succeeded. The fact that the trade eventually went 5RR doesn’t change that. A lot of traders make money and still lose it all because they keep moving the goalpost. They hit their target, but then greed makes them think about what they could have made. Next thing, they’re holding trades longer than planned, taking unnecessary risks and giving back profits they already had. It’s the same reason that sometimes you can get exactly what you asked for and still lose it because you started looking for more. Discipline is knowing when enough is enough. Stay consistent and true to the goal, regardless of how many extra points you think you could have scored. If it wasn’t on your radar, ignore it completely. A missed opportunity is better than turning a winning trade into a losing one.