So i guess its not really 2:1 .. its 2:1 on the first 66% of the trade. Once that target is met you can zero your stop loss and have 0:infinite on the remaining 33%..
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So i guess its not really 2:1 .. its 2:1 on the first 66% of the trade. Once that target is met you can zero your stop loss and have 0:infinite on the remaining 33%..
Makes perfect sense! I use the same method with my positions, once target one has been achieved I'll move my stop loss into profit to bulletproof the trade.