← Glossary
Target
A target is expressed as a multiple of R from entry, so it scales with the risk actually taken on the trade rather than being a fixed price picked independently. A plan can have more than one target, each with its own R-multiple — a scale-out plan uses several to take partial profit at different points.
Target(n) = Entry ± (Rₙ × R)See also
This explains what target measures. It isn't investment advice — see the disclaimer.