Take Profit Higher?

[neegeeboo]

I ran a few backtest from Jan to Nov 08 and it seems as though every time i increase the result is better. I started with $5k in the test account.

44.8 with 20 take profit
29k with 22 take profit
55.9k with 30 take profit

everything else is the same with earl's settings.

Is it riskier with higher take profit?

[^eagle^]

I ran a few backtest from Jan to Nov 08 and it seems as though every time i increase the result is better. I started with $5k in the test account.

44.8 with 20 take profit
29k with 22 take profit
55.9k with 30 take profit

everything else is the same with earl's settings.

Is it riskier with higher take profit?

The longer your trade is on the board the higher your risk is.

I personally use a TP of 10. Right now I am kicking ass.

[traderdave]

Been doing some backtests with T/P 20, 40, 50, 100. Surprisingly t/p 100 is giving the best results so far, all other settings default.