ilmscore | Multiple Targets vs. Single Targets Predictions
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Multiple Targets vs. Single Targets

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Recent Predictions

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
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To achieve the same profit as a single-target system, a two-target system must generate at least twice the number of pips.
"So, what does this mean? This means that if you're going to trade two targets on any strategy, then ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
For a two-target system to be financially equivalent to a one-target system, the second target must yield the same pip count as the first target.
"So your second targets must at least produce the same amount of pips as your first targets in order ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
Testing for multiple targets is crucial because market trends do not always continue, and reversals are common.
"Now the reason that it is very important to test for multiple targets on any of the strategies that ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
In a scenario where the market reverses after hitting the first target, a trader with one target makes full profit, while a trader with two targets only realizes partial profit from the first target.
"And in this case, trader A has made his $160 hitting target one and he's out of the trade completely..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
Taking two targets can lead to an inverted risk-reward and potentially less profit on a trade compared to a single target if the market reverses prematurely.
"So, not only does trader B have a inverted riskreward, trader B also because of taking two targets h..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
For a multi-target strategy to be more profitable, the second target needs to be hit with high frequency.
"Because in order for this strategy to be more profitable with multiple targets, then this second tar..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
Hitting second targets 40-50% of the time will result in increased pip gains.
"But if you hit your second targets 50% of the time, 40% of the time, then you're going to make more ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....
The effectiveness of multiple versus single targets depends entirely on the strategy, and can only be determined through historical backtesting.
"So, are multiple targets really better than single targets? That is completely determined by the str..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 13, 2016
Pending
Multiple targets vs....