DislikedTony, When you take a 18 pip SL and 120 pip TP trade do you always let it run 120 pip TP or you close the trade earlier? Because if you let it run to 120 pip TP, then 3 wins from 20 trades are enough to make money with 1:7 Risk reward. Am i think right?Ignored
You got it right...the TP is at your discretion because volatility also varies... for example some people prefer only 60 tp in quiet sessions. Just make sure you minimize the stop-loss...the rest is a peace of cake...regardless
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