Partial profit talking
Jan 31, 2021 at 13:36
540 Views
8 Replies
Biedrs kopš
751 ieraksti
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.
Biedrs kopš
869 ieraksti
Jan 31, 2021 at 17:26
I think proper risk reward ratio help traders to success in trading.
Biedrs kopš
341 ieraksti
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.
Biedrs kopš
298 ieraksti
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.
Biedrs kopš
1 ieraksti
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.
Biedrs kopš
788 ieraksti
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.
Biedrs kopš
399 ieraksti
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
Biedrs kopš
11 ieraksti
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
Biedrs kopš
298 ieraksti
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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