[malaguti]

I'd really appreciate people's views with regard to targets and potential profit taking..

For a target, the book suggests a 1:1 approach depending on the size of the pivot, adjust the target in line with the same initial risk.
Ideally, I'd want to be exiting a portion at this target, and leave the rest to run until a natural exit from the stop loss or entry into stage 3 where I would then wanting to be exiting another portion keeping some just in case of a stage 2 continuation.

I'd be interested to know other's methods. We all want to be in the trade the whole time, but there's the opportunity cost of having capital tied up for so long.

I'm leaning towards 50% at 1:1 and then leave the rest to run. All of it if the stop is hit, or another 25% if in stage 3. Of course the more method I put into the approach the higher the charges so I don't want to overcomplicate things

What's other peoples experiences with this?

thanks