How I can know when I must close position, 1st 2nd 3rd or 4th point? |
You should choose one value of TP to put in your order. You should be aware of all the risks, if the TP is more than average range then you mustn't chosen it. Also if you're still losing, do not risk your more money into bigger TP. 1st TP is good, 2nd TP is more risk than 1st TP, 3rd and 4th TP is more risk than 2nd TP. There are another tips to choose TP. But usually I use Daily average range.