10.01.2021
We were just asked a very good question from one of our new subscribers: WHERE DO WE TAKE PROFIT ON THE DAY TRADE SIGNALS.
The number 1 aspect of trading is protecting your downside, so naturally the stops are KEY.
As far as profit taking we can recommend levels, for a day trade it is ideal to target 2X of your risk capital. If you are risking $ 500.00 leave your TP level for $ 1,000.
It is also OK to take profit at 1X.
We will work on including a sizing tool for the day trades.
The Biscuit.