What's a good take profit method - page 3

 

hey Tafadzwa


lets keep it simple ;-) 

you may wanna try 2 positions instead of 1..


Position 1 stays with your fixed target level

Position 2 is set to Break even or slighty positiv after Position 1 hit its  target ....


This way you can just let  position2 run until you think its time to close it or it hits another target  of your choice...


you can split your risk with this style ( from 1 position with 1% risk to  2 positions with 0,5% risk each)

or you can double your risk by taking 2 positions with 1% risk each ....just for example


maybe this will help you .... i hope ;-)

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