Where this ranks
The four skills in order of importance, why take profits come last, and the range a realistic first target sits in.
Take profits are the last subject of the four, and it is worth knowing that while you learn them.
Four skills, in order
Direction first, then the entry, then the stop, then the target.
The direction you take from the higher charts decides whether a trade is worth taking at all. The entry decides the price you get. The stop decides what a loss costs. The target decides what a win pays.
That is the order of importance, and it is the order your time should follow.
Why the target comes last
A trade entered well moves in your favour quickly. When it does, most sensible target prices get reached.
Inscris-toi pour tout débloquer gratuitement
Le cours est gratuit. Le compte sert seulement à garder ta place et à te prévenir quand de nouvelles leçons arrivent.
Inscris-toi pour tout débloquer gratuitement
Le cours est gratuit. Le compte sert seulement à garder ta place et à te prévenir quand de nouvelles leçons arrivent.
Tu as déjà un compte ?