Accepted fact: "EVERY price target is a moving target!"
"Closing price" can be replaced with "take profit price" and the like without changing the the main point that it is is MOVING TARGET.
And here is the kind of reply that a self-proclaimed master trader uses rather than supplying any kind of data to support his nonsense.
Nonsense talk and opinion are cheap--that is why he can afford to disseminate a shipload of it every day. Gathering data and presenting a real and meaningful argument for a position is expensive. In addition, it takes a certain minimum level of intelligence and logical thinking. Hence, the master fake trader has only his nonsense opinions to offer.
"Closing price" can be replaced with "take profit price" and the like without changing the the main point that it is is MOVING TARGET.
QuoteDislikedBecause the closing price is a moving target, despite the apparent similarity with arrival-price strategies, closing-price strategies show distinctive features, such as the unwinding of previous fills.
Quoting RootAndBloomDislikedSomething else a market investor is usually interested in is whether the prices are moving higher or lower. ...an asset's price is a moving target.
RootAndBloomIgnored
And here is the kind of reply that a self-proclaimed master trader uses rather than supplying any kind of data to support his nonsense.
QuoteDislikedLOL ... that's what the rookie retail spot forex trader thinks he knows.
To free Gazans of Hamas, use whatever it takes.
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