How can I determine the right desired profit for a trade?

Consider factors such as historical price movements, market conditions, and your personal risk tolerance. Start with a realistic profit goal and adjust as needed.

Should I set a desired profit for every trade?

Yes, establishing a clear desired profit for each trade helps maintain discipline and ensures that you have a defined exit strategy in place.

What happens if I don’t reach my desired profit?

If the market doesn’t hit your target, consider reassessing your trade conditions and either adjust your expectations or exit the trade to preserve capital.

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What is DESIRED PROFIT?

DEVIATION PROFIT PERCENTAGE

Deviation Profit Percentage measures the percentage difference between realized and desired profits, providing insights into performance discrepancies.

TradeReply is an advanced analytics suite designed for crypto and stock traders to input historical trading data and leverage powerful visuals, graphs, and metrics to optimize and develop effective trade strategies with real-time insights.

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What is DESIRED PROFIT?

DEVIATION PROFIT PERCENTAGE

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