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simpletrader take profit settings

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  • simpletrader take profit settings

    I subscribed to blackwave pacific signal.
    In the settings i dont know if i should set the Copy take profit and Copy stop loss to YES. By default it was NO.

    What should the setting be to get best results? My broker is IC Markets same as the signals master broker..

  • #2
    Copying stop loss / take profit is preferable to me. If you are disconnected from the signal provider for any reason, the stop loss / take profit will be honored regardless as your broker will be dealing with it.

    Of course, this does rely on the signal provider actually using stop losses / take profit - which a lot on here don't use (or are so laughably wide they may as well not be there).