Today was a good example of why I don't subscribe to the oft-repeated trading maxim of just making "a couple points a day" in the Emini S&P 500 (ES). There's a lot of traders out there that are content to just call it a day if they can pull out two points but it makes me wonder, why sell yourself short?
Back when I started trading I was focused exclusively on Forex but the marketing wasn't really any different. "If you can make 10 pips per day you can achieve all your dreams as a trader".
I never really understood why people were willing to focus on such small goals that didn't really make sense in terms of fully exploiting your trading edge. If you're willing to stop after just making 2 points or making 10 pips, aren't you just limiting yourself only on days when you're actually trading well and the market is giving the best trading opportunities?