Why do we share multiple Take Profits (TP1, TP2, TP3, TP4, etc.) in our signals?
This strategy is based on both market behavior and technical trading methods. I’ve mentioned this in the group multiple times.
📌 Here’s the technique we follow:
When the first Take Profit (TP1) is hit, we move the Stop Loss (SL) to the entry price (also known as breakeven), and secure at least 30% of the profit.
We then wait for TP2. If TP2 is hit, we book another 30% profit.
The remaining 40% of the position is held for TP3 and TP4.
After each TP is hit, we trail the Stop Loss—meaning, after TP1 is hit, SL moves to entry; after TP2 is hit, SL moves to TP1 level, and so on.
✅ This method allows us to secure consistent profits, minimize potential losses, and ensures we don’t miss out on opportunities when the market moves in our favor.