I Set Take Profit and Stop Loss. And My Trade Closed in Profit for $10.97. Now I’m Thinking About 1.0 Lot.
Hey, this is NorthRay.
Remember last time I said I was learning not to freak out and to trust my strategy?
Well, today I took the next step.
I opened a new order on EUR/USD. Again with 0.50 lots. But this time — with two new words in my vocabulary:
Take Profit and Stop Loss.
Before, I used to look at those fields in the terminal and leave them empty. I thought: “Why? I’ll close it myself when I need to.”
How wrong I was.
What Take Profit and Stop Loss are (for those who were also afraid of them)
I’ll explain it the way I understood it myself. Simply.
Stop Loss — is your safety net.
It’s the price at which a trade will close AUTOMATICALLY if the market goes against you.
You tell the broker in advance: “Listen, if the price drops to this level — close the trade. Don’t ask me. I don’t want to lose more than I’m ready to lose.”
Why you need it:
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You don’t sit at the screen 24/7.
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You don’t rely on “maybe it will turn around.”
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You limit your losses.
Without a stop loss, you’re like a skier without brakes. Fun until you have to hit a tree.
Take Profit — is your success alarm clock.
It’s the price at which a trade will close AUTOMATICALLY with a profit.
You tell the broker: “When the price reaches this level — take my profit. I won’t be greedy and hope for more.”
Why you need it:
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You lock in profit before the market turns around.
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You don’t torture yourself with the question “close or not close.”
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You protect yourself from greed.

What I did this time
I opened an order on EUR/USD, 0.50 lots.
And for the first time in my life, I consciously filled in the fields:
— Stop Loss — set below the entry point.
— Take Profit — set above the entry point.
So I knew in advance:
— The maximum loss I was willing to accept.
— The profit at which I exit without regrets.
And you know what?
I closed my laptop and went to drink tea.
No twitching. No sleepless night. No checking my phone every five minutes.
Because I knew: the system would do everything itself.
What happened next
I opened the terminal.
And saw that the trade was… closed.
By Take Profit.
The price reached my target, touched it, and automatically closed the order.
Profit: $10.97.
For some, that’s pocket change. For me — my first conscious profit using proper risk management.
I didn’t sit there wondering, “Should I close or wait longer?” I just trusted my plan.
And the plan worked.
What I felt
Honestly?
First, joy. Then calm. Then — a strange voice in my head:
“What if I hadn’t set a take profit? The price could have gone even higher…”
I recognized that voice. It’s the voice of greed. The most dangerous voice for a trader.
I reminded myself: “You’re a beginner. You made $10.97 by following the rules. That’s a victory. Don’t turn it into a defeat by starting to doubt yourself.”
And you know what? I’m proud that I didn’t give in.
And now — the next step. 1.0 Lot.
I closed that trade. Smiled. Wrote down the result.
And thought: “What’s next?”
Next — 1.0 lot.
Yes. One whole lot.
For those who don’t know: that’s twice as big as what I’ve been trading so far (0.50 → 1.0).
One pip with 1.0 lot is no longer about 10.
A 10-pip move against me — minus 300.
This is no longer “playing around.” These are serious numbers. Even on demo.

Why do I want to try it?
Because once I was afraid of 0.01. Then I got used to it.
Then I was afraid of 0.50. Got used to it.
Now the fear of 1.0 is just another step.
I’m not going to risk real money. Still on demo. Still learning.
But I want to understand: how will I feel when hundreds of dollars are at stake (even if virtual)?
Will I be able to keep a cool head? Will I set my stop loss and take profit just as disciplined? Or will I start to panic?
It’s important to learn this about myself now, not when I open a real account.
Plan for the coming days
1. Open an order on EUR/USD with 1.0 lot.
2. Definitely set a stop loss (so I don’t sleep by the screen) and a take profit (so I don’t get greedy).
3. See how the trade closes.
4. Write an honest report here — whether it worked out or not.
What I understood today
Stop loss and take profit aren’t for the weak. They’re for the smart.
The weak one relies on “maybe” and sits by the screen until 3 AM. The smart one sets their levels — and goes to live their life.
The $10.97 profit isn’t about money. It’s about proof to myself: “You can follow the rules. You can trust the system.”
And 1.0 lot is about the next level. About stepping out of my comfort zone. About a stress test.
I don’t know how the next trade will end. Maybe in profit. Maybe at a loss of a couple hundred virtual dollars.
But I know one thing: I’ll do it by the rules. With a stop loss. With a take profit. And without a sleepless night.
What’s next
— I’m opening an order for 1.0 lot.
— I’m following my system.
— I’m writing the result here — whatever it may be.
If you were also afraid to increase your lot or tried stop loss/take profit for the first time — you’re not alone.
Let’s learn to trade with our heads, not our hearts.
Your NorthRay (with $10.97 profit in my pocket, levels set, and an intention to try 1.0 lot — but without fanaticism)
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