Having a realistic profit trading goal as to how much you want to make from your trades can help you not to fall into the losing cycle of over-trading.
On the other hand, there are some traders who think these could cause the trade to fail entirely. I think these could be a question of the trader:
If you are a more analytical trader you will probably prefer to have a clear goal of how much money you intend to make, so that you have a set expectation.
But if you are a spontaneous action trader, you may prefer to see what opportunities the market brings and then figure things along the way.
Trading is in line with your attitude will save you a lot of compilations. #trading