Before opening a trade, I have already set a target price and a stop loss. I will then set two identical trades, both having the same volume, opening price and stop loss, but one has a take profit while the other has not. Once the TP target is reached, one of the 2 trades will close.
For the remaining 1 trade, I move the SL to breakeven. I will then just let this trade open for the longest time possible to capture further momentum. But the moment this remaining trade begins to gain momentum to the other side, that’s the time I will totally close it.
