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If you have your profit taking limit order working at 2R, how do you decide to move it to 3R, 4R etc instead?
Take yesterday's ES (April 15, 2024) for example. Did you catch most of the trend? What management strategy did you use?
Thanks.
Hi there!
Taking partial profits of +80% or more of the position and letting the rest running, trailing the stop loss beyond the MLH (bears) or MHL (bulls) until it gets hit.