Profit targets per day: do you stop when you're ahead?

Some traders stop for the day after hitting a profit target; others call that leaving money on the table. The evidence is personal: journals that show late-day give-backs make the case for stopping.

Profit targets per day: do you stop when you're ahead? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

What's your rule?

  • whether you have a daily profit target
  • what you do after hitting it
  • the day that taught you to stop while ahead
Profit targets per day: do you stop when you're ahead? — risk-reward diagram
A risk-reward ratio of 1 to 2

The journal guide is where give-back patterns become visible.

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