For people who do not use a fixed Risk:Reward Ratio, where do you put your targets and close your trades? Do you let your winners run as long as possible? If so, in what way?
I close all my trades before the weekend, therefore I can't afford to hold trades for weeks. I typically get my setups on 30M-1H charts and so I've been wondering how to get the most out of them. I know it really depends on the way someone trades, but for now I'd like to know how others do it, so share your experience!
Appreciate any input!
I close all my trades before the weekend, therefore I can't afford to hold trades for weeks. I typically get my setups on 30M-1H charts and so I've been wondering how to get the most out of them. I know it really depends on the way someone trades, but for now I'd like to know how others do it, so share your experience!
Appreciate any input!