Hello guys, Am currently demo trading . I was looking at some trade manager and i notice that they have TP 1 TP 2 and TP 3. Can someone please help me break it down for me it is confusing to me. Thanks in advance
Some traders use multiple Target Price levels. These are exit points to remove part of the position rather than the whole position. This lets the trader maximise the move, while also capturing profits incase the market reverses.
Thank you Tom, i totally understand now
No problem 