rahulkghosh wrote:
Larger TP's and SL's. I was thinking that maybe we should have no limit on the TP's and SL's. Like the next set of trades I'm planning to take are going to yield 700+ pips in one direction. Aussie/dollar 1.0540 --> 1.1340. But I would have to keep exiting every 150 pips. which is pretty irritating
The SLs and TPs can now be moved in the direction of the trade without limiting the final point of the shift. The only constraint is that every increment cannot be further than 2% of the current market price, which is a reasonable tool to prevent traders from setting infinitely distant TPs and leaving the position for the whole month without control.