Comment on Nithin - Zero to Zerodha
Hi Nithin,
Since you have been a trader yourself, can you please advise whether it is detrimental for a trader in the long term, if he / she uses targets along with SL and TSL to exit a position.
Few trader friends were having a debate whether it is good or not so good to place targets (risk reward ratio will be 1:3 or more). Some were suggesting that max wealth can only be made by trailing SL without targets, whereas the other side was saying that in the long run it doesn’t make lot of difference.
Kindly give me your views on this