Take profit or trail it: what's easier for a new trader?
Beginners often close winners too early and let losers run, which is the exact opposite of how profitable trading usually works. A fixed take-profit level at least forces the decision before the trade opens.
Which do you do?
- a fixed target based on your stop distance
- a trailing stop
- manual exits, and how that's worked out
The risk-reward and expectancy guide shows why a planned exit matters more than entry timing.
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