If the trading value rises after your entry, you can withdraw 25-50% more at TP1, 25% more at TP2, and 25% more at TP3.
For anyone who wants to aggressively lock in profits, you can move the stop loss from entry to TP1 after reaching TP2 and so on. You get the point. But the risk of doing this is that one wick up or down could cause your position to be closed out, so buy based on your risk appetite.
Once the trade reaches TP1, please always make your stop loss as a trailing stop loss which means moving your stop loss to your entry level after reaching TP1.
At any time during active trading, if you do not feel comfortable with a position, feel free to close a partial percentage of the position or close the entire trade at will. The caller cannot be responsible for your emotions and feelings, you will have to manage it yourself.
The risk to reward ratio should be a minimum of 1:3+, which means that for every $1 you risk, you have the potential to earn $3.
