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Why is that many traders will take a trade with a 100 tick target, get 95 ticks up, move to break even and do nothing else because its a free trade.
Yet if you told them to get out and take a new position with a 5 tick target and a 95 tick stop they will say "Are you out of your mind?"
The point is you have to be flexible in your profit expectations and assess your R/R not only at the time of entry, but also when the trade is running.
In my opinion, it's not about how many pips you make or how…
Yet if you told them to get out and take a new position with a 5 tick target and a 95 tick stop they will say "Are you out of your mind?"
The point is you have to be flexible in your profit expectations and assess your R/R not only at the time of entry, but also when the trade is running.
In my opinion, it's not about how many pips you make or how…