About take-profit, stop-loss and position management (technical)
1. Before the price comes out of this range, I don’t know whether it can break through.
Therefore, your first goal of taking profit is to put it higher than before
2. 2 ways to stop loss
One is to put the low point of the band
One is to put the bottom of the signal K
There is no right or wrong about your own style
3. About position management
If you are not sure about this order, you can place half of your usual position.
If you want to make more profits but are sometimes afraid, you can stop profits in batches.
For example: take profit half or 75% of the previous high
After the subsequent price reaches the previous high, push the stop loss to the cost zone and continue to hold the position.
Reduce your risk and eat more
More details are in the pictures, the last two pictures are not very friendly to novices
I don’t recommend everyone to imitate it, but you can learn from it
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