take profit – Forex Trader Portal

Can the stop be greater than the take?

August 16, 2021 by Michael Leave a Comment

There are unbreakable commandments of trading. For example, that the take profit should always be 2-3 times higher than the stop loss, or better 5 times. Everyone agrees with these canonical recommendations from old, dusty books and…. They trade the other way around. Bigger stop, lower take. And then they feel guilty about the “wrong” … [Read more…]

How to set Take Profit correctly

April 30, 2018 by Michael Leave a Comment

Closing the position is often more important than entering it. We all constantly hear about the fact that you cannot trade without stop losses, but at the same people pay too little attention to the Take Profit order. It’s time to correct this mistake. In today’s material we will talk about the importance of Take … [Read more…]

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