In trading some are making take profit with the lvl and percentage,example like
TP lvl 1=20%
TP lvl 2=30%
TP lvl 3=50%
i just want to know what kind of lvl and percentage is the best for that kind setting and any reference that can calculate the setting of take profits
Honestly, this is actually a personal preference because not all would really be that good on making out compounded profits or certain levels which means that it will really just vary on what are those selling
points that you do set out for you to secure profits.What matter most here is that you do make gains or in greens because this had been our primary target since from the beginning.
So its up to you if your TP would be a on a specific range or percentage as long you make money then that what counts.