Profit Targets

Set profit targets in multiples of your risk (R), check them against the chart, and understand how target size and win rate work together.

What a profit target is

A profit target is a price, set in advance, at which you plan to sell some or all of a position. Targets give your trade a clear finish line and stop you from making it up as you go. They also let you check, before buying, whether the potential reward is worth the risk.

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