DislikedHi Ifmyante,
I hear you, and agree with you mate.'' This is critical'' was the reason of my second TP being at 0,9510.
But I am trying to find a middle ground around trailing and profit taking for optimisation. But I think that is also discretional like many of the other key points.
Thanks
C80Ignored
This gets you out as soon as price starts ranging or reversing, but is no guarantee of letting winners run.
It's an easy one to backtest anyway.
It's such a personal thing, but I'm sure you'll find what works for you with a search of the site and some testing.