In trading some are making take profit with the lvl and percentage,example like
TP lvl 1=20%
TP lvl 2=30%
TP lvl 3=50%
i just want to know what kind of lvl and percentage is the best for that kind setting and any reference that can calculate the setting of take profits
When it comes to trading things are never as clear as you are trying to make them to be, a great deal of your decisions are going to be influenced by the circumstances of the market at the time, so trying to be that formulaic will only bring disappointing results.
As an example if the market is going strong and it has grown for weeks will you sell part of your stash just because you hit a predetermined level and risk the chance of profiting from the bull run? Of course not, in that case you let the market prove you wrong and only consider selling some coins once you see signs the market could be about to reverse course.
