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Did you know how to use 3 levels TP for maximum profit?


Why we offer 3 levels for Take Profit?


For partial close, exit from market gradually, to take maximum profits.


How to use 3 levels TP for maximum profit?


You could choose between many strategies for order management:


1. We have only one sold rule, after 20-40 pips close part or half of your order and move SL to breakeven (entry point).


2. After you close half order, let's say after 30 pips, then close the second half on TP1, and go out of market.


3. After close half order, you could close second half on TP2 or TP3.


4. If your account let you trade by 0.03 Lot, you could close every 0.01 on every TP level.


5. If you notice that market is highly volatile and price pass 3 TP levels easy, you could let your profits fly after you already booked some profits.



Conclusion: in Forex Market you can't take everything, choose your strategy and follow, all depends on your risk appetite.

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@Fx_carter ✍

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Brief introduction:
The daily trading trainer book consists of 101 lessons, all of which follow a general format; Identifying trading challenges, presenting an approach to face them and proposing a specific exercise to work on these challenges form the overall framework of the lessons. The topics of the chapters are independent of each other: you can read them in the order they are presented in the book or find and read the topic most relevant to your current trading in the table of contents. Contrary to the usual procedure of reading the book, this book is not supposed to be read from beginning to end in several sessions, but you can choose one lesson at a time and use its recommendations as a guide for your progress in trading. This book, like the blog, not only reminds you of what you did when you had good trading performance, but even more than the blog, it provides you with a road map and a series of perspectives and practical tools so that you can get the best features. Discover your inner self and use them.