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
This is really very variable depending upon each and every trade as each trade is different, but generally speaking I will never leave 50% of my position till TP3, generally I would takeout 50% of position in TP2 because this would be the most probable TP, generally TP3 are more optimistic Points and are points where you risk reward ratios are already pretty much satisfied, so I would go with a small position for tp3 (say 20%) instead of a whole 50%.