Profitable traders, what is your take profit rule : r/Daytrading

np man. just remember that your greed influences everything you do in the market. the more greedier you are, the less % of a successful trade, it affects the timing of entry, when to exit, …

FAQs about Profitable traders, what is your take profit rule : r/Daytrading Coupon?

Who is take profit trader?

The firm’s foundation is rooted in the vision of its founder, James Sixsmith, who sought to revolutionize the trading landscape by mitigating risks and enhancing trader competence. As the financial market grows, so does the demand for prop trading firms, and Take Profit Trader has made its mark in this rapidly evolving industry. ...

Is take profit trader a good company?

Take Profit Trader customer support always replies to negative as well as positive reviews with tact. They were clear to point out that all information about trading rules is included in their website’s knowledge base. If you want to dig deeper, you can check out the Take Profit Trader Reddit reviews. ...

Is take profit trader a good prop trading firm?

Take Profit Trader has an overall rating of 4.4 out of 5 on TrustPilot. Many of the positive ratings mentioned how fast the withdrawals were and the ease of use. As for negative reviews, every prop trading firm has some, including Take Profit Trader. ...

What is allowed by take profit trader & tradeday?

Although most proprietary firms are more oriented to day trading, some allow holding positions overnight and even on weekends. Here’s what is allowed by Take Profit Trader and TradeDay. We all like to use the trading platform that we are used to. For this reason, prop firms support different trading platforms. ...

How much does take profit trader cost?

Currently, subscription fees are structured to accommodate various levels of investment, ranging from $150 to $360 monthly, depending on the chosen account size. Whether you’re starting with a $25K account or aiming higher with a $150K account, Take Profit Trader offers competitive pricing to get you started: ...

Do you need a profit target for day trading Forex?

If day trading forex and our winning trades average 11 pips while our losing trades average 6 pips, we only need to win about 40% of our trades in order to a produce an overall profit. By trading with a profit target, it is possible to assess whether a trade is worth taking. If the profit potential doesn't outweigh the risk, avoid taking the trade. ...