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This is The Definitive Guide to Setting Forex Targets | Learn How To Set Proper TP and SL. Trade execution can be done by any one but trade management needs experience to enable you to be able to come out with a profits. So on this video I teach on you how to set proper targets in Forex Trading. 🤖 Get PATREX PRO Best Forex Robot Here: https://godloveuniversity.com/patrex-... 🏆 Get My Complete Online Forex Trading Course Here: https://godloveuniversity.com/courses-2/ 🚀 GET A FUNDED PROP FIRM ACCOUNT NOW. I Use & Recommend This Prop Firm 💎 FundingPips (Zero Payout denial) 👉 Click Here To Get Funded Now: https://app.fundingpips.com/register?... RECOMMMENDED FOREX BROKERS 🏆 Looking for the Best Forex Broker? 👇 I Use and Recommend These Brokers👇 🎖 IC Markets - #1 ECN Forex Broker with Low Spreads & Fast Withdrawals 👉 Sign up here: https://bit.ly/2W38hd2 🧩 XM - #2 Another Good Forex Broker With High Volume 👉 Sign up link: https://bit.ly/3uyXGZg 🏓 Join My Free Telegram Channel Now: https://t.me/ndemazeah 💰 Join My VIP Telegram Channel Now(3 To 7 Signals everyday): https://bit.ly/3tKdat5 🥏 Join My Exclusive Mailing List For Live Updates: https://godloveuniversity.com/email-o... 📧 Email For Business Enquiries: support@godlovegroupltd.com ❤️ Join My Free Discord Community Now!: / discord 📸 Follow My Instagram: https://bit.ly/3F8MzXq ---------------------------------------------------------------------------------- #forex #forextrading #scalping #fxstrategies #forextraderlifestyle #strategy #ForexChallenge #liveforex #forexstrategy #forextrader #scalping #daytrading #secretforexstrategy #forexmillionaire #forexcourse #forexlife #forexmoney #forexmentor #investing #scalping #forextips #crypto #Ndemazeahgodlove #godlovendemazeah #godlovestrategies #godloveforex #godloveuniversity #patrexpro #godloverobots #GUstudents #lionheartfundingprogram #lfp ---------------------------------------------------------------------------------- ⚠️ NOT FINANCIAL ADVICE DISCLAIMER: This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such - the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any stock or financial product. Fixed Reward:Risk Ratio The simplest target technique is the fixed reward:risk ratio and the process is the following: 1) Measure the distance between the entry and the stop loss. In the example below, the distance is 7.25 points. 2) Multiply the stop distance by a factor of 1, 2, or 3 – depending on the target distance and the desired reward:risk ratio. You see, it is a very simple technique to implement a consistent target strategy. A high reward:risk ratio is not necessarily better and I talked about the trade-off between winrate and reward:risk ratio before. The greater the reward:risk ratio, the lower the winrate will be. Especially new and struggling traders are better off choosing a smaller target with a lower reward:risk ratio because it allows them to have a higher winrate and, thus, build confidence faster.