Partial profit talking

Jan 31, 2021 at 13:36
Vistas 551
8 Replies
Miembro desde Jul 19, 2020   posts 751
Jan 31, 2021 at 13:36
Partial profit talking is good if you are a long term trader and have a big profit target. Then you can take a partial profit of your trade. But if you are a short term trader and profit target is maximum 40 to 50 pips or so, taking partial profit is not a good idea. You should rather develop your skills for more accurate trading. It's just my opinion. Every trader should have his own trading style.
Miembro desde Jul 23, 2020   posts 869
Jan 31, 2021 at 17:26
I think proper risk reward ratio help traders to success in trading.
Miembro desde Jul 20, 2020   posts 341
Jan 31, 2021 at 18:31
Trader need to have a realistic expectation in trading. However, most of the new traders come to the market with unrealistic expectation. Then they feel miserable.
Miembro desde Jul 20, 2020   posts 298
Feb 01, 2021 at 02:10
I also use this formula. It is a formula that can be controlled by trading in a very profitable formula.
Miembro desde May 02, 2015   posts 1
Feb 04, 2021 at 19:35
Trading the 1 hour and 4 hour. at the start of the month I just go for 1:1 till I have my monthly profit target. after that I reduce my risk and take half of the profit at 1:1 and let the rest run.
Miembro desde Jul 19, 2020   posts 788
Feb 04, 2021 at 23:21
Yes, I use this formula it is a very good system. The system can make a lot of profit.
Miembro desde Jul 20, 2020   posts 399
Feb 11, 2021 at 13:19
I do this for every trade. once it hits 80% of my target i remove 50% and then move my stop loss to break even
Miembro desde Feb 14, 2019   posts 11
Feb 11, 2021 at 16:20
Why do you do that. You are basically entering 2 trades one with a SL at 80% and the other at 100%. Better to just pick the optimum exit rather than two that are sub optimal
Miembro desde Jul 20, 2020   posts 298
Feb 11, 2021 at 16:59
This is a very good idea. You can learn a lot from this idea. It is less likely to be lost.
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