That's exactly what i do.
I normally use a winning/lose ratio 1:1 for the stop loss and the first take profit.
If the trade hits SL than lose.
If the trade hits TP1 than i move the SL at the entry point and i wait for the next targets.
In this case i can have a win/lose ratio higher than 1:1
Good Morning,
I want to buy 30.000 eur/usd at 1.3200
Is there a difference between doing this:
- Sell 10000 of the position at target 1 1.3250
- Sell 10000 of the position at target 2 1.3300
- Sell 10000 of the position at target 3 1.3350
- Stop Loss at 1.3200
And:
- Opening...
Splitting the position
Good Morning Everyone,
i'm pretty much new here on the forum even if i follow the discussions often.
I'm getting a bit confidence with mt4 even if i trade since some months with plus500 on a demo account.
I have two questions about mt4 automatization:
1) I want to...
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