The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 48—Profit Targets

Find the correct statement about setting profit targets:

1. Let the trade run as far as it will without worrying about targets.

2. There is a perfect profit target for any market.

3. The longer your time horizon, the farther away the profit target.

4. A moving average provides the best profit target for any trade.