These kinds of high take profits and stop losses are only good for swing traders who don't want to watch the market 4 to 5 hours in a day.
Its good to use high stops and take profits if you want to check the market just once a day and you are not an intraday trader.
Its good to use high stops and take profits if you want to check the market just once a day and you are not an intraday trader.
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