I mean, rather than taking the difference between head and neck in rupees or points to determine the profit target, we can determine based on %.
i.e. 42% from neck line. Target will be 36/- (approx).
i.e. 42% from neck line. Target will be 36/- (approx).
The best in the business now and historically use targets in points, why are you suggesting otherwise?
You have proof that it works better than points method? Please share report
What's problem in point system? Obviously not all targets are met but a lot of are, and there's always trailing stop loss for those unmet targets