Profit is, without any doubt, the ultimate motivation for all trading activity. And it makes total sense to want to preserve a larger portion of your gains, instead of continuously exposing them to risk. But there are both right and wrong moments to lock in your profits, which makes us wonder: when to lock profits?

I know that forex trading is dominated by make traders so you can imagine that it was a bit harder for me to get my business off the ground. Adding to the obstacles were my conservative family who wanted me to get married and become a housewife, growing up in Saudi Arabia and being Muslim living in Poland now. I am very untraditional across in all aspects of my life, but I believe this is one of my greatest strengths. I had way too many hurdles to clear, so I decided to clear them one at a time.

Hi, my name is Sam and before I tell all of you how I made $20,000 in one day I would like to give you a quick overview of me as a trader. I am not a professional trader and probably far from that. I am trading for over 20 years, but I can’t quit my job. Just because I am not a professional trader does not mean that I don’t earn money. I have been profitable for ten years now and earn on average 22% per year. Before anyone laughs off those returns, they are actually quite good and I do better than most professional traders at banks or hedge funds.

One of the main questions that sound immediately after beginner’s meeting with Forex is "How much on average I can make on this financial market?" There aren’t absolutely clear answers to such questions. It’s the same as asking business owners on their average earnings. Everything is relative.