It seems psychologically harder to have fixed reward such as 1R, 2R etc.. Especially when the market shoot through your fixed tp for more than 10R.
On the surface, dynamic reward seems logical and more profitable yet its harder to decide when to tp.
To clarify: dynamic tp means you take half position at 1R and let the other half runs to the dynamic tp.
What's your views on reward taking? Do you have fixed or dynamic and why?
On the surface, dynamic reward seems logical and more profitable yet its harder to decide when to tp.
To clarify: dynamic tp means you take half position at 1R and let the other half runs to the dynamic tp.
What's your views on reward taking? Do you have fixed or dynamic and why?
Double the account