Which is better TakeProfit= 300 or TakeProfit=6*50?

[MEHMET FATIH BARUT]

Hi all,

I really don't like reversals in my profits. You earn 300 point but lets say your TP is 350 then a reversal comes and gets all of it from you.

Is there any healthy way to get rid of this like using TP=50 but re-enter position after the first one is closed?

[William Roeder]

Trailing SL.

[Fabio Cavalloni]

There is no better and worse, sometimes a choose can be better, sometimes not.

For this reason you need to deeply backtest your strategy (on long period and on multiple assets) and understand what changes improove overall performance and are not only a statistical force for the testing period.

[MEHMET FATIH BARUT]

William Roeder:
Trailing SL.

is there a specific helper like ATR or something like that which can help to determine new TP and SL points while trailing