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Your profit target establishes your expected payoff. Assume, based on your analysis or trading strategy that you believe the price will reach $10. 20, at which point you will take profit, resulting in a $0.
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Probably not but you could be right 50% of the time and expert advisor creator software make great trading mt4 software copy money. People associate a 50%-win rate with no edge, with a coin toss. In this example, our win rate is way above ichimoku scalping system mt4 copy trading the software break-even rate for this setup, and so 50% is excellent. If you combine this with more active trade management, such as scaling into positions that go your way, you change the equation again. Your losers might be 5 lots but your winners 100 lots.