You're initial target should be based on the amount of risk you are taking in the trade, so if your stop is at 8 ticks your target should be at 16 ticks if you're looking for a 2 to 1 risk to profit. But the amount of the stop loss and target is what you want it to be. you can always move it...
Cannon Trading
Cannon Trading is as good as it gets, great service, rates and they have demo accounts. Make sure you tell them I sent you. Let me know if you have any questions.
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