The importance of the “Take Profit” is very much ignored by the majority. When it comes to difficult decisions, traders simply prefer to pull the break-even instead of taking any decision.
I prefer to take very good care of my profits by putting them on my wallet instead of letting them on the market... Mostly because of the manipulation! For those manual traders like me, when I enter in a deal, I must have a plan to make “X%”, and right after concluded I will simply look for the right exit. I will repeat the same technique over and over again.
The “Perfect Trade”, on my opinion, must have enough volatility to execute partial take profits, and eliminate the risk by bringing the stop loss to the break-even. It comes once in a while emerging by a combination of signals... Interest zone, right time, and level are the characteristics of the best deals... The event could be expected, but the more obvious it is, less perfect it will be.
The “Perfect Trade” could be unpredictable, but it is expected for a couple of days. Techniques of scalping could be used to optimize it, but it’s not necessary. We never know how rapidly the market will respond to your study, Sometimes you have to wait!
While 90% of the "day-traders" worldwide are looking for the majority standards, there are other groups of players looking for the “Perfect Trade”, which could be against you, and possibly traded with huge volumes. You can still be profitable in this scenario, however a small win becomes a hard work, while the unexpected big loss becomes more likely.
Learn how to deprogram our mindset it's a difficult exercise. Sometimes following a signal from someone who really knows its own techniques could be the best re-start on your way of thinking.
Interest zone, longer time frames are key important to identify when you are in the wrong spot. Break-even could be your enemy. Minimize risk are signals of jumped into the wrong trade. Repeat the same techniques is your duty. Fibonacci “if” applied well = significant wins.