Courses › BLT | Bank Level Trading
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What this lesson covers
This lesson covers taking partial profit at the first target, worked through on a textbook setup: a quasimodo, a pattern, a bullish move, the pullback, and the pattern forming on the right shoulder. The targets are the A, B and C extension, cloned across from the earlier move, which gives the standard exit structure. The lesson then examines what usually happens on the way there, and where a partial exit improves the outcome against simply holding to the final target. It also covers what taking partials costs you when the trade runs cleanly, so the decision is made with both sides visible rather than on the assumption that securing profit is always correct.