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This is the algorithm, if the market is not ours, it has the ability to recover and close a small loss or take profit with less probability.
An algorithm based on guessing a number that is determined to be the main one...? It's a lottery!
And to go to a stop and then when it goes off and say "I wish I had +6pp more" is how?
The practice is not to trailing TP, but to close ONLY on TP. Consequently, loss-making positions are also closed at TP.
Let's wait for the loss.
It works for scalping. My daughter used to trade in this way.
But to go to a stop and then when it goes off and say: I wish it was +6pp more?
A stop should be justified. Then there won't be any pips.
Sitting tight for a loss?
Everything is different here. I bought something, but the price has gone down. TP was 30 pts. This is how we maintain the TP. Upwards we crawl - do not change it, sell when the TP is reached, downwards we follow the price. This is bullshit.
It's a matter of who's smart enough to do it.
I only have it on SL, dynamic, non-linear.
In general, YES, you can make up all sorts of things... But the main thing is to make up things linked to the PRICE and not to an abstract figure (SL or TP), contrived in fantasy...
What do you mean tied to the price. I put the TR-50 SL-50. Are they price-linked?