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Explains take-profit rule: TP1 should exceed initial risk, preferably 3:1 risk-reward ratio.

From BITCOIN IS ABOUT TO MAKE A HUGE MOVE… 🚨 (LIVE BTC & Crypto Trading) · jumps to 1:50:09 · speech

▶ Open at 1:50:09 on YouTube
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Yeah, I love the smell of stink bugs. Um, how much do you take out in your first take profit? Well, for me, here's here's my rule. If it's a fresh trade and it's not a hedge, you always want to take out more than you initially risked on your take-profit one. All right, [music] you want to take out more than you initially initially risked. So, if you're risking $10, your TP1 should be at least 15 bucks, preferably 20. All right, so that's at a 3:1 riskreward. You take out threequarters of the trade, you know.
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