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When to Extend Your Profit Trade Targets ☝️ Video

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When to Extend Your Profit Targets. Where do you take profit when day trading or swing trading (exit strategy)? How do you set day trading profit targets? And how do you manage trade targets when you're swing trading? You're in a trade, you have your profit target with stop. And you hit your target and wonder if you could have extended it further. Is there something that could help you decide whether to extend your targets or not? Here are my thoughts on this. This is the way that I think about things. If I'm in a long trade and I'm wondering whether there's a gap fill or there is some kind of resistance level. I decide my target level - maybe I see the market going up very quickly and not chopping around. There are a couple of decisions. First is about extending profit targets higher. If you see good volume coming in that's a plus. The second thing to look at is momentum. OK.

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