Set a risk/reward ratio to 1:2 or higher or have a good success rate
If you're wondering how to make a profit in Forex, there are two general ways to do that. If you follow the first way, you can make profits even if your predictions come true only 50% of the time. Usually traders pick 1:2 risk/reward ratio or higher. For example, if a trader aims to gain 100 pips from a given position, he or she might consider placing the stop-loss order below 50 pips of the current market price. However, keep in mind that the setup should dictate Stop Loss and Take Profit targets and not your trading agenda. If the setup doesn't give you an opportunity, you shouldn't force a trade.

The second way to make consistent profits from trading is to have a higher than 50% success rate on your predictions. That way, even if the risk to reward ratio is 1:1, the system will produce account balance growth over a certain number of trades

My settings is quite high which enabled me to maximize profits.