Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
By using this site, you agree to our Terms of Use.
What Really Works for Technical Traders
in Technical Analysis
Posted
Afternoon Phantom,
Apologies if this has been asked in some form previously, but I haven't waded through every post in this long and entertaining forum. I've had lots of nice return in the past following hammer breakouts from a consolidation range, but I'm curious as to your thoughts on profit targets.
You mentioned you don't want to risk more than $150 per contract, what do you seek to earn at minimum per contract? Do you have a certain chart indication on when you always get out of a position? Do you have a max target?
Thanks, great thread.