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Chuck,
You said,
>
> I am very sceptical of any strategy that attempts to forecast the amount
of
>profit on any trade. I think you need to be flexible and willing to take
>whatever the market is willing to give you.
Do you feel there is any validity in analysing all past trades and seeing
what is the probability of the setup leading to aprofit of 1 ATR, 2 ATR,
and so. This way you can get a feel for what is an acceptable profit and
at what level you are starting to get greedy.
regards
Philip
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