How to Set Profit Targets in Trading

Once you are in a trade the next you plan to exit: How and when do you get out of the trade at a profit? Setting targets has to be one of the most important elements of your trading strategy.
Targets can be of 3 types
Time-based—I will hold my Positions for a X amount of time Say 1 week depending on the type of trader/Investor.
Technically-based – You get your targets technically set up. You can use Pivots, Exponetioanl Moving Average, and MA or based on your trading system.
Price/Profit-based –I’ll get …
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