Winning in Trading: Why Smart Traders Always Calculate Profit Targets

Fridays often present unique challenges in the trading world. Market conditions typically slow down, whether you’re trading cryptocurrencies, Nasdaq, E-mini futures, or any other financial instrument. Nevertheless, it’s crucial to remain vigilant, especially as we approach the afternoon trading session.

In this in-depth blog post, we will explore the intricacies of identifying and executing a long trading signal using the Trade Scalper double wick long strategy. I’ll provide valuable insights into our trade management process and offer you an exclusive glimpse into our trading approach, which relies on the powerful Trade Scalper software.

Signal Consistency: The Trade Scalper software stands out for its consistent signals, ensuring a level playing field for all traders. Today’s signal directed us to 46.76 quarter on the E-mini S&P, and this consistency is a significant advantage.

Effective Trade Management: Successful trading hinges on effective trade management. Before entering any trade, it’s essential to make well-informed decisions about your profit target and stop levels. This strategic planning empowers you to maintain control over your risk exposure.

In the current market conditions, our guidance often stems from the Average True Range (ATR). Analyzing the ATR, which is currently one and a half points or six ticks, provides us with a reasonable profit target. It’s crucial to adapt your profit target to align with the prevailing market conditions. During periods of slower market activity, we opt for more conservative profit targets.

Similarly, selecting stop levels requires careful consideration. While protecting your trade is vital, avoid setting stops too far from your entry point. In this example, we aim for a stop that is slightly wider than the current conditions but still proportionate to our profit target. This approach prevents overexposing your trade by risking excessive points for a relatively smaller profit.

Exit Strategy: Upon reaching your predefined profit target, it’s essential to execute your exit strategy promptly. In our case, the target of 46.78 quarter was precisely six ticks (equivalent to one and a half points) from our entry. Whether you choose a market order, a stop order, or a direct exit through your trading platform, timeliness is key to successful trade closure.


Trading, especially scalp trading, requires a combination of strategic thinking and disciplined risk management. Continuously adapt your approach to align with the current market conditions. Remember that in slower market environments, it’s wise to set more modest profit targets to protect your capital effectively.

If you have any questions or need further clarification, please don’t hesitate to reach out. Trading is a dynamic endeavor, and with the right tools and knowledge, you can navigate its challenges successfully.

For those new to day trading and eager to explore its advantages, I invite you to visit Additionally, consider subscribing to the DayTradetoWin YouTube channel for valuable insights into price action and effective trading strategies.

Until our next encounter, may your trading endeavors be prosperous and fulfilling!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.