Question
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when to take out the profits?
11 Answer
<p id="isPasted">When you set a Take Profit, you should take into consideration a Risk/Reward ratio. This measure shows how much profit a trader anticipates in exchange for the risk of a limited loss. In general, the best ratio is 1:3, so the profit should be 3 times bigger than the loss. For example, if your Stop Loss equals 50 pips, the Take Profit should be 150 pips.</p><p>In some cases, other Risk/Reward ratios are possible. For example, if you trade on a break of a level, you may use a 1:5 ratio as the possibility of a false break is high …</p>