aliassmith wrote:MightyOne wrote:How do you reach unrealistic profit targets?
By clicking the 'buy-buy-buy' button & normalizing risk of course!
Hit a target, get out, reset space, move on to the next.
By 'target' I simply mean the point at which I reset my space; it is not just one trade that is held to a target.
It is easier than it looks
# of targets to +1 Zero:
33.4%: 08
58.5%: 05
115.5%: 03
Example:
3 Targets of +115.5%
$2000 - $4310
$4310 - $9288
$9288 - $20015
Did you pick 8,5,3 for a specific reason?
Its a fibonacci sequence - but I am also lost